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Financial
Distress signals
Property profile

6006 N State Rd Davison, MI 48423

FOR SALE
Other commercial real estate
Property ID
US43-0176167
1,600 SF 1.3 ac lot Built 1945
Last sale Mar 2025 · $175,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Industrial-zoned warehouse building totaling 13,800 square feet located at 6006 N State Rd in Richfield Township, Genesee, MI 48423, with car-dependent access characteristics indicated by walk and bike scores. The building features a replaced/brand-new roof and updated windows, and it includes 3-phase electrical service and a well on site; engineered plans are available in the document box.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$8k
Tax billed · 2022
Assessed value · 2023$145k
Effective rate5.56%

Value estimate

· Oct 2026
$140k
$126k – $154k
NOI build-up
Gross scheduled income$132k
Vacancy & credit loss−$13k
Operating expenses−$42k
NOI · 14.08% cap applied$77k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$83/SF
ZIP average, outlier-cleaned · 56 recorded sales of this use type
Observed band · Q1–Q3$51 – $126
Qualifying comparables15

Cap rate analysis

How does the asset earn?
14.08%
$77k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I
Itis intended for manufacturing, assembling, and fabrication activities including large scale or specialized industrial operations, whose...
General categoryINDUSTRIAL
JurisdictionGENESEE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency10.0
Electrical Service9.0
Convenience Store8.6

Location

6006 N State Rd Davison, MI 48423
County assessor Recorded deeds · 4 transfers 15 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8021 State, Davison, MI 48423-9325 $155,000 Jul 2025 2,201 SF
519 Flint, Davison, MI 48423-1005 $270,000 Apr 2025 2,850 SF
9039 Davison, Davison, MI 48423-1071 $325,000 Jan 2025 2,640 SF
424 Main, Davison, MI 48423-1608 $279,000 Dec 2024 2,695 SF
914 State, Davison, MI 48423-1134 $172,400 May 2024 1,220 SF
301 Flint, Davison, MI 48423-1053 $65,000 Jan 2024 976 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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