Entity Owned 
For Sale
1 / 16
$200,000
179 Edison St, Pontiac, MI 48342
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Property summary
AI-generated overview
The property is a vacant commercial building located in Pontiac, Michigan, at a busy intersection. The building contains 4,904 square feet of interior space arranged over two floors and is sited on a 0.23-acre lot. The first floor is divided into four sections and includes one restroom, while the lower floor is configured to provide storage space. Improvements and building systems are documented as having a newer roof, HVAC system, electrical wiring, and plumbing, and the structure is described as being in good condition. The property is currently zoned R-1 (residential); however, there may be potential to seek rezoning to commercial. The layout and zoning context allow for potential uses such as residential, retail, office, warehouse, or mixed-use, subject to applicable zoning and approvals.
Property profile
Verified
Property type
Other specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1927
Total area
4,904 SF
Lot
0.23 ac (10,019 SF)
Zoning code
RI
APN
64-14-20-480-031
UPID
US43-1743568
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$265k
Owner & transaction history
since 2022
6 recorded transactions
Zoning & alternative use
RI · Pontiac, MI
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 3 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$265k
Value range
$239k – $292k
±10% around blend
Estimated value / SF
$54 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
30
Income certainty
100
$239k
blend $265k
$292k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,904 SF
Lot area
0.23 ac
Year built
1927
Stories
1
APN
64-14-20-480-031
Zoning
RI
Assessed value
$79,470
Annual tax
$5,255
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$5,255
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$766k
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
24.1 mi away · 5,463 SF
24.1 mi away · 5,463 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$265k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 19 sales
$59
-8%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $54/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
8.43%
Selected cap rate for this other specialty properties
Derived from the Pontiac market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.43%
9.0%
NOI (est.)
$17k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$200k
Move the market yield to see immediate price impact.
Value / SF
$41
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.93%8.43%8.93%
$15k
$191k
$180k
$170k
$17k
$213k
$200k
$189k
$19k
$234k
$220k
$208k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$900k
8.0 mi · Nov 2025 · $160/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,255
Tax year 2023
Assessed value
$79,470
Assessed 2024
Previous assessed
$71,150
+11.7% YoY
Effective rate
6.61%
On assessed value
Total market value
$158,940
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other specialty properties
Use group
CHARITABLE ORGANIZATION
Status
For Sale
Year built
1927
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
4,904 SF
Lot
0.23 ac (10,019 SF)
Zoning code
RI
APN
64-14-20-480-031
UPID
US43-1743568
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
RI · Pontiac, MIZoning RI · permitted uses
RI · Pontiac, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1927
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.23 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
RI
Jurisdiction
Pontiac, MI
Recorded code
RI
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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