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Property profile & analytics
FOR SALE
Commercial real estate
11293 Torrey Rd, Fenton, MI 48430
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-0882835
For Sale
$1,100,000
11293 Torrey Rd, Fenton, MI 48430
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1971
Total area
1,344 SF
Lot
2.32 ac (101,059 SF)
Zoning code
C-2
APN
06-02-300-050
UPID
US43-0882835
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Grind LLC · 1 yrs held
Grind LLC
since 2025
Last sale
$665,000
4 recorded transactions
Zoning & alternative use
C-2 · Fenton, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fenton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fenton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2019Property tax & assessments
Tax year 2019
Tax billed
$8,506
Tax year 2019
Assessed value
$220,300
Assessed 2023
Previous assessed
$206,100
+6.9% YoY
Effective rate
3.86%
On assessed value
Total market value
$440,600
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1971
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
1,344 SF
Lot
2.32 ac (101,059 SF)
Zoning code
C-2
APN
06-02-300-050
UPID
US43-0882835
Jurisdiction
GENESEE
Zoning & alternative use
C-2 · Fenton, MI
Zoning C-2 · permitted uses
C-2 · Fenton, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fenton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.32 ac
Current owner
From public records · entity-resolved
Grind LLC
Entity
Mailing address
4141 GRAND BLANC RD, SWARTZ CREEK, MI 48473-9111
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 19, 2025
$665,000
Grind LLC
Online Auto Properties LLC
Warranty Deed
$498,750 · Elga Credit Union
Feb 14, 2019
—
Online Auto Properties LLC
—
Deed
related
$600,000 · Financial Plus Cu
Apr 15, 2015
$269,000
Online Auto Properties LLC
Firstmerit Bk NA
Grant Deed
$201,750 · Financial Plus Cu
—
—
Online Auto Properties LLC
—
Deed Of Trust
related
$600,000 · Financial Plus Cu
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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