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    Joseph McNally, Big Rapids, MI

    License ID: 6502393305
    Association
    West Central Association Of Realtors Inc

    Service Locations

    Contact details

    Phone:
    (616) 307-3026
    Office Address:
    1411 N. State St., Big Rapids, MI

    Property Types

    • Commercial Lease
    • Commercial Sale
    • Land
    • Residential
    • Residential Multi Family

    Performance

    Listings
    57

    Listings

    For Sale (52)

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    • Contact for pricing
      0.29 Acres

      Wooded Lots in Quiet Location

      Wooded lots suitable for tiny home, camper, or storage.
      01 Bradby Blvd, Baldwin, MI 49304
      View Details
    • $72,900
      0.57 Acres

      Muskegon Riverfront Land Parcel

      Half-acre waterfront parcel on the Muskegon River near Big Rapids.
      22 Davison Rd, Big Rapids, MI 49307
      View Details
    • $319,000
      3,500 SF

      Remodeled Retail Building on M-20

      Turnkey retail building with high visibility on M-20 corridor.
      805 Maple St, Big Rapids, MI 49307
      View Details
    • Contact for pricing
      0.27 Acres

      Wooded Lot Near Canadian Lake

      Wooded lot near Canadian Lake with access to amenities.
      8209 W Royal Rd, Canadian Lakes, MI 49346
      View Details
    • Contact for pricing
      0.28 Acres

      Land in Baldwin, Michigan

      Vacant land available in Baldwin, Michigan.
      V/L Newbern Blvd, Baldwin, MI 49304
      View Details
    • $500,000
      4.83 Acres

      Prime Commercial Land Opportunity

      4+ acres with river frontage in Big Rapids, Michigan.
      906 N State St, Big Rapids, MI 49307
      View Details
    • $189,900
      1.22 Acres

      Big Rapids Commercial Opportunity

      8,000 SF building on 1.22 acres near M-20.
      816 Maple St, Big Rapids, MI 49307
      View Details
    • $169,500
      2,200 SF

      Renovated Commercial Building in Big Rapids

      Renovated 2200 sq ft commercial building with parking.
      605 N State St, Big Rapids, MI 49307
      View Details
    • Contact for pricing
      0.28 Acres

      Wooded Lots Near Idlewild Lake

      Wooded lots near US 10, Baldwin, and state land.
      Bradby Blvd, Baldwin, MI 49304
      View Details
    • $144,000
      0.45 Acres

      Commercial Land in Big Rapids

      Shovel-ready commercial lot with high traffic and utility access.
      818 N State St, Big Rapids, MI 49307
      View Details
    • $250,000
      0.12 Acres

      Prime Commercial Property, Big Rapids

      Commercial property on a highly traveled road, development opportunity.
      603 N State St, Big Rapids, MI 49307
      View Details
    • $339,900
      Pending

      Remodeled Office Building with Workshop

      Remodeled office building featuring a workshop, storage, and ample parking.
      110 N Bronson Ave, Big Rapids, MI 49307
      View Details
    • New
      $45,000
      5.00 Acres

      Land Parcel on M-20

      5+/- acre parcel suitable for new construction near Canadian Lakes.
      02 120Th Ave, Rodney, MI 49342
      View Details
    • New
      $2,340,000
      47,945 SF

      Mitchell Street Mall Investment Opportunity

      91% leased retail center with high cash-on-cash return.
      1508 N Mitchell St, Cadillac, MI 49601
      View Details
    • Contact for pricing
      0.34 Acres

      Residential Land in Big Rapids

      Building lot near amenities, ready for your dream home.
      University Clb Dr, Big Rapids, MI 49307
      View Details
    • Contact for pricing
      0.53 Acres

      Residential Land in Big Rapids

      Partially wooded, build-ready lot near shopping and highway.
      University Clb Dr, Big Rapids, MI 49307
      View Details
    • Contact for pricing
      0.53 Acres

      Partially Wooded Building Lot

      Over half an acre, build-ready, quiet location near amenities.
      University Clb Dr, Big Rapids, MI 49307
      View Details
    • Contact for pricing
      0.62 Acres

      Partially Wooded Building Lot

      Over half an acre, build-ready, quiet location near amenities.
      University Clb Dr, Big Rapids, MI 49307
      View Details
    • $115,000
      Pending

      Gorgeous Wooded Acreage with Creek

      16.84 acres with creek, wildlife, and building options.
      01 120Th Ave, Rodney, MI 49342
      View Details
    • $57,900
      0.37 Acres

      Canalside Land with Cabin

      Lakefront land with well, septic, power, and cabin.
      8952 Otterside Dr, Farwell, MI 48622
      View Details
    • $189,300
      40.00 Acres

      Brohman, MI Land For Sale

      40 acres of woods and water ready to build.
      837 E Lincoln St, Brohman, MI 49312
      View Details
    • $154,400
      15.15 Acres

      Land with Development Potential

      15+ acres near town with development and recreational possibilities.
      16 Mile Rd, Big Rapids, MI 49307
      View Details
    • Contact for pricing
      Pending

      Land Near Royal Golf Course

      Half acre lot near lakes and golf courses.
      7256 Ryans Run, Stanwood, MI 49346
      View Details
    • $200,001
      30.00 Acres

      30 Acres of Michigan Land

      Secluded 30-acre parcel with woods, fields, and diverse wildlife.
      120Th Ave, Hersey, MI 49639
      View Details
    • $2,484,000
      Pending

      Retail Center in Cadillac, MI

      Fully leased retail center with high traffic location and income potential.
      8826 E 34 Rd, Cadillac, MI 49601
      View Details
    • $475,000
      4,800 SF

      Versatile Commercial Building in Big Rapids

      Commercial building with development opportunity in high-traffic area.
      203 S 3Rd Ave, Big Rapids, MI 49307
      View Details
    • $194,000
      3,000 SF

      Hersey, MI Farming Supply Company

      Turn-key farming supply business opportunity in Hersey, Michigan.
      508 N Main St, Hersey, MI 49639
      View Details
    • Contact for pricing
      0.30 Acres

      Partially Wooded Building Lot

      Almost 1/3 acre lot close to amenities.
      University Clb Dr, Big Rapids, MI 49307
      View Details
    • Contact for pricing
      0.80 Acres

      Residential Land in Big Rapids

      Partially wooded lot ready for building a dream home.
      University Clb Dr, Big Rapids, MI 49307
      View Details
    • Contact for pricing
      0.37 Acres

      Residential Land in Big Rapids

      Partially wooded 0.37 acre lot near shopping and highway.
      University Clb Dr, Big Rapids, MI 49307
      View Details
    • Contact for pricing
      0.20 Acres

      Partially Wooded Building Lot

      Building lot near amenities, ready for your dream home.
      Executive Dr, Big Rapids, MI 49307
      View Details
    • Contact for pricing
      0.23 Acres

      Residential Land in Big Rapids

      Partially wooded lot suitable for building a dream home.
      Executive Dr, Big Rapids, MI 49307
      View Details
    • Contact for pricing
      0.33 Acres

      Partially Wooded Building Lot

      Roomy lot close to amenities, ready for your dream home.
      Executive Dr, Big Rapids, MI 49307
      View Details
    • Contact for pricing
      0.34 Acres

      Residential Land in Big Rapids

      Build-ready lot near amenities in a quiet, up-and-coming neighborhood.
      University Clb Dr, Big Rapids, MI 49307
      View Details
    • $264,900
      0.17 Acres

      Big Rapids Multifamily Investment Property

      Three-unit building near Ferris State University with potential for expansion.
      117 S Warren Ave, Big Rapids, MI 49307
      View Details
    • $900,000
      4,085 SF

      Established Business and Executive Ranch

      Successful business, real estate, and executive ranch package deal.
      19055 12 Mile Rd, Big Rapids, MI 49307
      View Details
    • $250,000
      6,000 SF

      Versatile Commercial Space in Big Rapids

      6000 sqft commercial space with living/office, shop, and storage.
      18470 195Th Ave, Big Rapids, MI 49307
      View Details
    • Contact for pricing
      0.09 Acres

      Woodland Lake Frontage Land

      Land with 38 feet of frontage on Woodland Lake.
      27 Irving Ave, Bitely, MI 49309
      View Details
    • $475,000
      Pending

      Residential Development Opportunity, Big Rapids

      Approved development site for up to 6 residential units.
      203 S 3Rd Ave, Big Rapids, MI 49307
      View Details
    • $89,500
      2,800 SF

      Two-Story Building in Big Rapids

      Two-story building on a large corner lot, ready to develop.
      603 N State St, Big Rapids, MI 49307
      View Details
    • $250,000
      6,000 SF

      Versatile Flex Space Opportunity

      6000+ sqft flex space on almost 3 acres.
      18470 195Th Ave, Big Rapids, MI 49307
      View Details
    • $392,900
      7,000 SF

      Versatile Commercial Building Near Big Rapids

      Spacious 7000+ sq ft building on main traffic corridor.
      19925 12 Mile Rd, Big Rapids, MI 49307
      View Details
    • $295,000
      12,000 SF

      Versatile Commercial Building with Storage

      Turn-key office and workshop space with covered storage near HWY.
      11406 E 8Th St, Reed City, MI 49677
      View Details
    • $425,000
      4,085 SF

      Kelly's Deer Processing Business Opportunity

      Established business with real estate and equipment included in sale.
      19055 12 Mile Rd, Big Rapids, MI 49307
      View Details
    • Contact for pricing
      3,000 SF

      Farming Supply Company Opportunity

      Turn-key farming supply business with real estate, equipment, and inventory.
      508 N Main St, Hersey, MI 49639
      View Details
    • $595,000

      Turn-Key Car Wash Opportunity

      Completely upgraded car wash with high traffic exposure.
      235 W Parkdale Ave, Manistee, MI 49660
      View Details
    • $319,000
      3,500 SF

      Remodeled Commercial Building on M-20

      Turn-key commercial building with high visibility on M-20 corridor.
      805 Maple St, Big Rapids, MI 49307
      View Details
    • $225,000
      4,600 SF

      Prime Development Site in Big Rapids

      Development site on the Muskegon River with potential.
      226 Baldwin St, Big Rapids, MI 49307
      View Details
    • Contact for pricing
      Pending

      5 Acre Parcel in Harrison

      Five acre parcel suitable for hunting and recreational use.
      8661 Fir Rd, Harrison, MI 48625
      View Details
    • $339,900
      Pending

      Remodeled Office Building with Workshop

      Remodeled 3200 SF office building with workshop and storage.
      110 N Bronson Ave, Big Rapids, MI 49307
      View Details
    • $500,000

      Prime Land with River Frontage

      4+ acre commercial land with Muskegon River frontage.
      906 N State St, Big Rapids, MI 49307
      View Details
    • $250,000
      6,000 SF

      Versatile Mixed-Use Property For Sale

      6000+ sq ft mixed-use property near Hwy 131.
      18470 195Th Ave, Big Rapids, MI 49307
      View Details

    For Lease (5)

    View map
    • $550 /Mo
      170 SF

      Downtown Big Rapids Office Space

      Updated office space in downtown Big Rapids, perfect for small business.
      211 Maple Ste 4 St, Big Rapids, MI 49307
      View Details
    • $950 /Mo
      270 SF

      Downtown Big Rapids Office Space

      Updated office space in downtown Big Rapids, perfect for small business.
      211 Maple Ste 2 St, Big Rapids, MI 49307
      View Details
    • $550 /Mo
      170 SF

      Downtown Big Rapids Office Space

      Updated office space in downtown Big Rapids, perfect for small business.
      211 Maple St, Big Rapids, MI 49307
      View Details
    • $2,900 /Mo
      3,500 SF

      Updated Commercial Space on M-20

      Versatile commercial space with high visibility and updated features.
      805 Maple St, Big Rapids, MI 49307
      View Details
    • $4,800 /Mo
      3,600 SF

      Prime Location Office/Medical Space

      Versatile commercial space in a high-traffic area with ample parking.
      400 Perry Ave, Big Rapids, MI 49307
      View Details

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    Joseph McNally, Big Rapids, MI
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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.

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    Joseph McNally, Big Rapids, MI
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