Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    0000 Torrey Rd Swartz Creek, MI 48473

    Sponsored
    For Sale
    $549,900

    Agricultural land, prime Hwy US 23 location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    402
    This 6.37-acre agricultural parcel presents a unique investment opportunity in Genesee County, Michigan. Ideally situated off Highway US 23 and Grand Blanc Road, the property boasts significant road frontage: 667 feet along Grand Blanc Road and 415 feet deep along Torrey Road. The land is zoned for agricultural use, offering versatility for various farming or related ventures. The property's location provides excellent accessibility and visibility, making it attractive for a range of potential uses within its permitted zoning. The parcel's size and strategic positioning near major roadways offer significant development potential. The Asking Price is $549,900. The property's APN is 1514300009. Located in Mundy Township, Swartz Creek, MI, zip code 48473, this land offers a compelling combination of size, location, and zoning potential. Serious inquiries are encouraged to explore the possibilities of this exceptional agricultural property.

    Property Features for 0000 Torrey Rd

    General Information

    Property type
    Farms
    Lot Size
    277,477 SF

    HighLights

    • 6.37‑acre agricultural parcel in Genesee County, MI.
    • Excellent highway visibility with 667 ft. of Grand Blanc Road frontage and 415 ft. of Torrey Road frontage.
    • Zoned for agricultural use, offering versatile farming options.
    • $549,900 asking price.
    • APN: 1514300009, located in Mundy Township, Swartz Creek, MI 48473.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Auto Repair Shop Hotel & Motel Department Store Kitchen & Bath Storage Facility Discount Store Car Rental Bakery Barber Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Swartz Creek
    County
    Genesee
    State
    Michigan
    Longitude
    -83.7307587
    Latitude
    42.9199533

    Nearby Comparable

    • $129,000
      2.07 Acres

      Prime Commercial Land, Swartz Creek

      2.07 Acres, Excellent Location, $129,000
      00 Torrey Rd, Swartz Creek, MI 48473
      View Details
    • Contact for pricing

      Industrial Land with Freeway Exposure

      Industrial land with freeway access and nearby amenities.
      7334 Grand Pkwy, Grand Blanc, MI 48439
      View Details
    • $499,900

      Land with Highway Frontage

      6.37 acres with frontage on Grand Blanc and Torrey Roads.
      0000 Torrey Rd, Swartz Creek, MI 48473
      View Details
    • $695,000

      Commercial Land on US-23 Expressway

      Commercial land with 2,600 feet of frontage on US-23.
      2455 W Grand Blanc Rd, Grand Blanc, MI 48439
      View Details
    • $189,000
      Pending

      24-Acre Parcel in Swartz Creek

      24-acre parcel with utilities, suitable for residential or recreational use.
      3201 W Grand Blanc Rd, Swartz Creek, MI 48473
      View Details
    • $725,000

      Commercial Land For Sale

      Commercial land available for sale.
      4034 W Grand Blanc Rd, Swartz Creek, MI 48473
      View Details
    • $1,175,000

      Versatile Commercial/Industrial Property on US-23

      Commercial/industrial property with frontage on US-23 and multiple buildings.
      3090 W Cook Rd, Grand Blanc, MI 48439
      View Details
    • $229,900
      1,400 SF

      Grand Blanc Duplex on Large Lot

      Well-maintained duplex in Grand Blanc with long-term tenants and development potential.
      1261 W Grand Blanc Rd, Grand Blanc, MI 48439
      View Details
    • $750,000

      Land Available in Flint, MI

      Land for sale at 6050 Birch Rd, Flint, MI.
      6050 Birch Rd, Flint, MI 48507
      View Details
    • $239,999

      Commercial Lot in High-Traffic Area

      One-acre commercial lot in a high-traffic business corridor.
      3040 W Hill Rd, Flint, MI 48507
      View Details

    Nearby Similar for Sale

    • $499,900
      2,400 SF

      Swartz Creek Church and Residence

      Church and three-bedroom house on a 10-acre parcel.
      8410 Linden Rd, Swartz Creek, MI 48473
      View Details
    • $350,000
      1,020 SF

      Renovated Commercial Property in Swartz Creek

      Fully renovated commercial property with high visibility and flexible layout.
      8127 Miller Rd, Swartz Creek, MI 48473
      View Details
    • New
      $285,000
      1,963 SF

      Swartz Creek Commercial Building

      High-visibility commercial building near I-69 and I-75 in Swartz Creek.
      5482 Miller Rd, Swartz Creek, MI 48473
      View Details
    • $1,937,000

      Office Complex with Expansion Potential

      Office complex with long-term tenants and expansion acreage.
      5370 W Miller Rd, Swartz Creek, MI 48473
      View Details
    • $4,500,000
      22,000 SF

      Swartz Creek Industrial Cross-Dock Facility

      Industrial cross-dock building with long-term tenant FedEx.
      4025 Dye Rd, Swartz Creek, MI 48473
      View Details
    • $1,200,000

      Multifamily Property in Swartz Creek

      24 units in 2 buildings on 1.53 acres.
      4534 Raubinger Rd, Swartz Creek, MI 48473
      View Details
    • $99,900

      Swartz Creek Commercial Building

      Commercial building in Swartz Creek's downtown area.
      5015 Holland Dr, Swartz Creek, MI 48473
      View Details
    • $4,500,000
      22,000 SF

      Net Leased FedEx Facility

      Michigan Industrial Investment, 100% Occupied
      4025 Dye Rd, Swartz Creek, MI 48473
      View Details

    FAQs

    What type of property is this?
    Farm - Agricultural land, prime Hwy US 23 location.
    Where is this farm located?
    The property is located at 0000 Torrey Rd Swartz Creek, MI.
    What is the asking price?
    The asking price for this property is $549,900.
    What are key features of this property?
    This property features: 6.37-acre agricultural parcel in Genesee County, MI.; Excellent highway visibility with 667 ft. of Grand Blanc Road frontage and 415 ft. of Torrey Road frontage.; Zoned for agricultural use, offering versatile farming options.
    Request Owner's contact information
    0000 Torrey Rd Swartz Creek, MI 48473
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    0000 Torrey Rd
    Swartz Creek, MI 48473
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    0000 Torrey Rd Swartz Creek, MI 48473
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.