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    3965 Newt Dr Gaylord, MI 49735

    For Sale
    $550,000

    COMMERCIAL - Gaylord, MI

    Property size:
    2,824 SF
    Lot size:
    7.70 Acres
    Days on Market:
    136
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 3965 Newt Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-3
    APN
    061-230-000-017-03
    Basement
    Crawl Space
    Accessibility
    Accessible Approach with Ramp
    Size
    2,824 SF
    Lot size
    7.70 Acres

    Utilities

    Sewer type
    Septic Tank
    Water source
    Well

    The TEAM Real Estate Group (989) 732-6500

    Listing agent Brian Wallace (989) 732-6500

    Listing date Jul 23, 2025

    Copyright © 2025 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Licensed Adult Foster Care Home

    This is a fully operational and state-licensed 6-bed, 2-bath adult foster care (AFC) home located in Gaylord, MI, specifically in Otsego County. The property is situated on a 7.7-acre parcel and features a 2,824 sq ft facility. It has a 27-year compliance history with zero violations. The property's zoning is R-3. The facility is suitable for private-pay residents, potentially yielding $3,000-$5,000 per month per resident, depending on the level of care required. The expansive parcel offers development potential for additional AFC units or other healthcare-related assets. This property is ideal for investors looking to enter or expand within the adult care sector. Creative financing options may be available for qualified buyers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Weber's AFCI & II Assisted Living Facility

    Suggested Use

    Kitchen & Bath Pawn Shop Nursing Home Assisted Living Facility Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gaylord
    County
    Otsego
    State
    Michigan
    Longitude
    -84.752487
    Latitude
    45.050548

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    FAQs

    What type of property is this?
    Senior housing facility - Licensed adult foster care home on 7.7 acres in Gaylord.
    Where is this senior housing facility located?
    The property is located at 3965 Newt Dr Gaylord, MI.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Fully operational and state-licensed 6-bed adult foster care (AFC) home.; - Strong income potential: private-pay residents can yield $3,000-$5,000/month per resident.; - Expansive 7.7-acre parcel with development potential.
    (989) 732-6500
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    3965 Newt Dr Gaylord, MI 49735
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    Realmo Value Estimation

    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.

    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.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3965 Newt Dr Gaylord, MI 49735
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