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    Property profile & analytics

    I-69 & Irish Rd Davison, MI 48423

    • Retail properties
    • 5,600 SF
    • 2.57 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 0 I-69 & Irish Rd

    Lot size
    2.57 lot acres
    Property size
    5,600 SF
    Property type
    Retail properties
    Property subtype
    Restaurants

    Description

    This exceptional 5,600 square foot retail property, situated on a 2.57-acre lot in Davison, Michigan, presents a unique investment opportunity. Located at the highly visible intersection of I-69 and Irish Road, this single-tenancy site benefits from exceptional visibility and accessibility. The property is ideally suited for a variety of commercial uses, including restaurants, car washes, or oil change facilities. A ground lease or build-to-suit option is available, providing flexibility for potential buyers. The strategic location offers significant advantages, with easy access from both Irish and Lapeer Roads. This prime location is further enhanced by its proximity to major retailers, including a Meijer outlot, Menards, and Tractor Supply Co., ensuring high foot traffic and strong consumer presence. The property's size and location make it an attractive option for businesses seeking a prominent presence in a thriving commercial area. The zip code is 48423, and the property is in Genesee County. This is a rare opportunity to acquire a well-positioned retail property in a high-growth market. The property is zoned for commercial use. Serious inquiries only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Davison
    County
    Genesee
    State
    Michigan
    Longitude
    -83.5066
    Latitude
    43.0118

    Comparable in this City

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      2.57 Acres

      I-69 & Irish Rd

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

      - Parcel I Cal Dr

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      148.00 Acres

      Davison Rd

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      0 Davison Rd, Davison, MI 48423
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      5,155 SF

      8079 Lapeer Rd

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      8079 Lapeer Rd, Davison, MI 48423
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      96,775 SF

      602-638 State Rd

      Retail properties • 96,775 SF
      602-638 State Rd, Davison, MI 48423
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      2.00 Acres

      Irish Rd And Ct St

      Land • 2.00 Acres
      0 Irish Rd And Ct St, Davison, MI 48423
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2.57 Acres

      I-69 & Irish Road Retail Opportunity

      High-traffic Davison, MI retail space for sale.
      0 I-69 & Irish Rd, Davison, MI 48423
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      Prime Davison Retail Land

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      Davison Road Commercial Land Opportunity

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      Davison Commercial Land - 2 Acres

      Prime Davison commercial land, ideal for development.
      0 Irish Rd And Ct St, Davison, MI 48423
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    Similar Nearby for Lease

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      Davison Retail Center - For Lease

      Prime Davison Shopping Center Space Available
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      Prime Commercial Parcel For Lease

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      Retail Space in High-Traffic Area

      Retail space for lease in a high-traffic location.
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      Charming Davison 1-Bedroom Lease

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      2,128 SF

      Davison Medical Office For Rent

      Move-in ready medical suite in high-traffic Davison Township corridor.
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    I-69 & Irish Rd
    Davison, MI 48423
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    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
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