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    78 I-75Bl Grayling, MI 49738

    For Sale
    $695,000

    COMMERCIAL - Grayling, MI

    Days on Market:
    313
    Last Refresh:
    Dec 13 at 1:06 pm

    Property Features for 78 I-75Bl

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    040-44-031-15-040-00

    Utilities

    Sewer type
    Septic Tank
    Water source
    Well

    The TEAM Real Estate Group (989) 732-6500

    Listing agent Daphne Cousineau (989) 619-5976

    Listing date Feb 4, 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

    Grayling Multifamily Investment Opportunity

    This multifamily property is located just outside of Grayling on N I-75 business loop. The property features seven buildings, including ten efficiency units, some with kitchenettes, a large one-bedroom apartment, a duplex with two spacious one-bedroom units, a duplex cabin with two two-bedroom units, a two-bedroom house, and a mobile home. There is a large partially heated pole barn on-site, a laundry room for tenants, and two new water heaters. The property has a high occupancy rate and a gross monthly income of $13,000, offering potential for profit.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Grayling
    County
    Crawford
    State
    Michigan
    Longitude
    -84.716218
    Latitude
    44.685789

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    FAQs

    What type of property is this?
    Multifamily property - Multifamily property with high occupancy and $13k gross monthly income.
    Where is this multifamily property located?
    The property is located at 78 I-75Bl Grayling, MI.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - High occupancy rate and gross monthly income of 13k indicate strong profit potential.; - Diverse rental units include ten efficiency units, one large one-bedroom apartment, a duplex with two one-bedroom units, a duplex cabin with two two-bedroom units, a two-bedroom house, and a mobile home.; - Seven buildings included in the property.
    (989) 619-5976
    Request Owner's contact information
    78 I-75Bl Grayling, MI 49738
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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
    78 I-75Bl Grayling, MI 49738
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