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    6923 Jefferson Ave Midland, MI 48642

    Sponsored
    For Sale
    $3,466,400

    Prime Midland, MI commercial land, flexible acreage options.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial development opportunity presents 24.76+/- acres of land in Midland, Michigan, with flexible options for purchase. The property is divisible, subject to City of Midland approvals, with a minimum parcel size of 3 acres. Priced at $140,000 per acre, this represents a significant investment in a high-traffic area. The site boasts over 2000 feet of frontage on Ted Doan Drive and approximately 480 feet on Jefferson Avenue, providing excellent visibility and accessibility. Its strategic location offers easy access to US-10 via the Eastman Avenue interchange, placing it within close proximity to major retailers, restaurants, hotels, and businesses including Walmart, Meijer, Home Depot, Lowe's, Kohl's, Home Goods, Midland Ford, and McLaren Health. The Regional Commercial District zoning allows for a wide range of uses, including retail, service, entertainment, office, finance, and related businesses. With city approvals, multi-family or residential development is also possible. This property presents a rare chance to acquire land in a thriving commercial corridor with significant development potential. The address is 6923 Jefferson Ave, Midland, MI 48642. The asking price for the entire parcel is $3,466,400.

    Property Features for 6923 Jefferson Ave

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • 24.76+/- acres of divisible land in Midland, MI, with a minimum 3‑acre parcel size (City approvals required).
    • $140,000 per acre asking price; total asking price $3,466,400.
    • Over 2000' of frontage on Ted Doan Drive and 480' on Jefferson Ave, offering high visibility.
    • Excellent location near US‑10, major retailers (Walmart, Meijer, etc.), and McLaren Health.
    • Regional Commercial District zoning allows for diverse uses, including retail, office, and multi‑family (with City approvals).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Midland
    County
    Midland
    State
    Michigan
    Longitude
    -84.23154369406
    Latitude
    43.660213377054

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    FAQs

    What type of property is this?
    Land - Prime Midland, MI commercial land, flexible acreage options.
    Where is this land located?
    The property is located at 6923 Jefferson Ave Midland, MI.
    What is the asking price?
    The asking price for this property is $3,466,400.
    What are key features of this property?
    This property features: 24.76+/- acres of divisible land in Midland, MI, with a minimum 3-acre parcel size (City approvals required).; $140,000 per acre asking price; total asking price $3,466,400.; Over 2000' of frontage on Ted Doan Drive and 480' on Jefferson Ave, offering high visibility.
    Request Owner's contact information
    6923 Jefferson Ave Midland, MI 48642
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    Midland, MI 48642
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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
    6923 Jefferson Ave Midland, MI 48642
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