Property profile

68074 Main St Richmond, MI 48062

OFF-MARKET
Retail space
Saved · see the list in your Dashboard
Property ID
US43-0213910
4,144 SF 0.28 ac Built 1905
Last sale Jan 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional 4,144 square foot industrial property located at 68074 S Main, Richmond, MI, presents a unique investment opportunity. Currently leased to a thriving antique market and furniture retailer on a long-term agreement, this property guarantees immediate and consistent rental income. The building, situated on a 0.28-acre lot, boasts a rich history, having previously served as a successful music studio. The main level is beautifully appointed with multiple rooms, currently subleased…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$6k
Tax billed · 2022
Assessed value · 2023$100k
Effective rate5.93%

Value estimate

· Nov 2026
$140k
$126k – $154k

Realmo valuation models over county records and 18 qualifying comparable sales.

Recently sold

What actually traded nearby?
$104/SF
County average, outlier-cleaned · 339 recorded sales of this use type
Observed band · Q1–Q3$57 – $168
Qualifying comparables18

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-2
General categoryCOMMERCIAL
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.1
Electrical Service9.5
Tailor Shop9.0

Location

68074 Main St Richmond, MI 48062-1331
County assessor Recorded deeds · 2 transfers 18 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
67530 Main, Richmond, MI 48062-1924 $92,500 Apr 2025 2,444 SF
67070 Gratiot, Richmond, MI 48062-1912 $85,000 Sep 2024 2,578 SF
68336 Beech, Richmond, MI 48062-1272 $170,000 Oct 2023 3,040 SF
36040 Division, Richmond, MI 48062-1203 $275,000 Jun 2023 6,602 SF
67357 Main, Richmond, MI 48062-1921 $412,500 Mar 2020 6,976 SF
69345 Main, Richmond, MI 48062-1144 $35,000 Dec 2018 3,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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