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    104-112 W Wackerly St Midland, MI 48640

    For Sale
    $895,000

    Retail center for sale with a great mix of tenants.

    Property size:
    11,032 SF
    Lot size:
    1.15 Acres

    Property Features for 104-112 W Wackerly St

    General Information

    Size
    11,032 SF
    Lot size
    1.15 Acres

    Source: Trademark Commercial Group Agent Gretchen Witherspoon,SIOR,CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Center Investment Opportunity

    This investment retail center is available for purchase, offering an 8% Cap Rate. The property features a mix of tenants, including Perspectives Psychological Associates occupying 1600 square feet at 104 W. Wackerly, a State Farm Agency occupying 3100 square feet at 106 W. Wackerly, Sylvan Learning/Tutoring occupying 2400 square feet at 108 W. Wackerly, and Midland Pharmacy occupying 1600 square feet at 110 W. Wackerly. Additionally, there is a vacant space available for lease, comprising 1600 square feet at 112 W. Wackerly. The total property size is 11032 square feet.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Michigan Secretary of State Self-service Station, Midland Mall, Crystals & Collectibles

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Michigan
    Longitude
    -84.227788
    Latitude
    43.65517

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    FAQs

    What type of property is this?
    Shopping center - Retail center for sale with a great mix of tenants.
    Where is this shopping center located?
    The property is located at 104-112 W Wackerly St Midland, MI.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - Retail Center Investment Property; - 8% Cap Rate; - Reduced Price: $895,000 (Previously $995,000)
    (989) 295-0353
    Request Owner's contact information
    104-112 W Wackerly St Midland, MI 48640
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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
    104-112 W Wackerly St Midland, MI 48640
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