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Property profile

68476 Main St Richmond, MI 48062

OFF-MARKET
Retail space
Property ID
US43-1314240
5,531 SF 0.36 ac lot Built 1940
Last sale Oct 2011 · $20,000
Individually Owned Owner of record is an individual. 13-yr Hold Held for 13 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 5,531 square foot retail property, located at 68476 Main St, Richmond, MI 48062, presents a unique investment opportunity. Built in 1940, this building sits on a 0.47-acre lot and boasts 180 feet of road frontage, ensuring high visibility and accessibility. The property features a full basement, a two-car garage, a quaint carriage house, and ample parking for 15+ vehicles. Currently zoned B2 Commercial, the property offers a wide array of potential uses, including but not…

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?
$4k
Tax billed · 2022
Assessed value · 2023$78k
Effective rate4.84%

Value estimate

· Oct 2026
$315k
$284k – $347k

Realmo valuation models over county records and 18 qualifying comparable sales.

Recently sold

What actually traded nearby?
$104/SF
County average, outlier-cleaned · 339 recorded sales of this use type
Observed band · Q1–Q3$57 – $168
Qualifying comparables18

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-2
General categoryCOMMERCIAL
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.4
Parking Facility11.4
Restaurant11.1

Location

68476 Main St Richmond, MI 48062-1297
County assessor Recorded deeds · not on file 18 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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
68955 Main, Richmond, MI 48062-1527 $65,000 Mar 2025 7,326 SF
67070 Gratiot, Richmond, MI 48062-1912 $85,000 Sep 2024 2,578 SF
68336 Beech, Richmond, MI 48062-1272 $170,000 Oct 2023 3,040 SF
36040 Division, Richmond, MI 48062-1203 $275,000 Jun 2023 6,602 SF
67357 Main, Richmond, MI 48062-1921 $412,500 Mar 2020 6,976 SF
69345 Main, Richmond, MI 48062-1144 $35,000 Dec 2018 3,600 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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