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    7736 Mill St Vanderbilt, MI 49795

    Sponsored
    For Sale
    $925,000
    Property size:
    1 SF
    Added:
    Dec 11, 2024
    Days on Market:
    392

    Property Features for 7736 Mill St

    General Information

    Property type
    Retail properties
    Square Feet
    1 SF

    Building Details

    Units
    70

    HighLights

    • Income‑producing property with diverse revenue streams.
    • 70+ storage units, generating consistent rental income.
    • Includes a workshop, salon, pizzeria, diner, house, and quonset hut.
    • Prime downtown Vanderbilt location, bordering the Rails to Trails.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Auto Repair Shop Hair Salon Nail Salon Kitchen & Bath Storage Facility Bar & Pub Convenience Store Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Vanderbilt
    County
    Otsego
    State
    Michigan
    Longitude
    -84.6626887
    Latitude
    45.1401053

    Nearby Comparable

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    • $175,000
      25.15 Acres

      Vanderbilt Wooded Land Near State Land

      25.15 acres of wooded land near Thumb Lake.
      1060 Alexander Rd, Vanderbilt, MI 49795
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    • $730,000
      201.00 Acres

      201 Acre Farm Land

      201 acre property with barns near Gaylord, Michigan.
      V/L Morgan Rd, Gaylord, MI 49735
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    • $265,000
      39.60 Acres

      39.6 Acres Near Thumb Lake

      Heavily wooded 39.6-acre parcel near Thumb Lake, ideal for building.
      1308 S Magee Rd, Vanderbilt, MI 49795
      View Details
    • $299,000
      3,750 SF

      Commercial Building Near I-75

      2800 SF building on 1.26 acres near I-75.
      2946 S Old Us Highway 27, Gaylord, MI 49735
      View Details

    FAQs

    Where is this retail property located?
    The property is located at 7736 Mill St Vanderbilt, MI.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: Income-producing property with diverse revenue streams.; 70+ storage units, generating consistent rental income.; Includes a workshop, salon, pizzeria, diner, house, and quonset hut.
    (586) 764-1599
    Request Owner's contact information
    7736 Mill St Vanderbilt, MI 49795
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    Vanderbilt, MI 49795
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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
    7736 Mill St Vanderbilt, MI 49795
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