Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Davison Rd Davison, MI 48423
    Back to Search
    Property profile & analytics

    Davison Rd Davison, MI 48423

    View on Map
    • Lifestyle centers
    • 148.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 0 Davison Rd

    Lot size
    148.00 lot acres
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional 148-acre parcel in Davison, Michigan, presents a remarkable development opportunity. Located in Genesee County, with the address of Davison Rd, zip code 48423, and situated conveniently north of Davison Road and east of State Road, this property boasts significant frontage: 1,781 feet on Davison Road and 2,273 feet on Henderson Road. Zoned RU-1 Residential Urban, allowing for single-family residential development with up to three units per acre, this land offers substantial potential for residential construction. The property's APN is 05-02-400-005. Utilities are readily accessible, with water available on both Davison and Henderson Roads, and sewer available on Davison Road. The location within the Davison School District adds to its appeal. Priced at $1,649,900 ($11,485 per acre), this expansive tract represents a compelling investment for developers seeking a prime location for a large-scale residential project. The property is classified as Land and Retail, specifically a Shopping Center and Residential Land.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Davison
    County
    Genesee
    State
    Michigan
    Longitude
    -83.528
    Latitude
    43.0345

    Comparable in this City

    • Value Estimation by Request
      2.55 Acres

      - Parcel I Cal Dr

      Lifestyle centers • 2.55 Acres
      - Parcel I Cal Dr, Davison, MI 48423
      View Details
    • Value Estimation by Request
      41,032 SF

      8427 Davison Rd

      Lifestyle centers • 41,032 SF
      8427 Davison Rd, Davison, MI 48423
      View Details
    • Value Estimation by Request
      9,598 SF

      1208 Irish Rd

      Lifestyle centers • 9,598 SF
      1208 Irish Rd, Davison, MI 48423
      View Details
    • Value Estimation by Request
      8,505 SF

      803-837 State Rd

      Lifestyle centers • 8,505 SF
      803-837 State Rd, Davison, MI 48423
      View Details
    • Value Estimation by Request
      2.57 Acres

      I-69 & Irish Rd

      Restaurants • 5,600 SF
      0 I-69 & Irish Rd, Davison, MI 48423
      View Details
    • Value Estimation by Request
      2.57 Acres

      I-69 & Irish Rd

      Restaurants • 5,600 SF
      0 I-69 & Irish Rd, Davison, MI 48423
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,600 SF

      Commercial Land For Sale

      Commercial land available for sale.
      I-69 & Irish Rd, Davison, MI 48423
      View Details
    • Contact for pricing

      Corner Lot Mixed-Use Property

      Mixed-use property on corner lot, formerly a liquor store.
      4006 N Irish Rd, Davison, MI 48423
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      931-935 North State St, Davison, MI 48423
      View Details
    • Contact for pricing

      Davison Land For Sale

      2+ acres of land available in Davison, Michigan.
      Irish Rd And Ct St, Davison, MI 48423
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Davison, Michigan.
      1208 S Irish Rd, Davison, MI 48423
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease.
      8079 Lapeer Rd, Davison, MI 48423
      View Details
    • Contact for pricing

      Prime Commercial Parcel For Lease

      1.94-acre commercial parcel in high-traffic Davison retail corridor.
      N Irish Rd, Davison, MI 48423
      View Details
    • Contact for pricing

      Modern Flex Space in Davison

      New flex spaces suitable for small businesses and storage.
      7104 E Court St, Davison, MI 48423
      View Details
    Request Owner's contact information
    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.
    Davison Rd
    Davison, MI 48423
    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
    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

    Thank You for Inquiry
    Davison Rd, Davison, MI, 48423
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!