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    2663 Midland Rd Midland, MI 48642

    Sponsored
    For Sale
    $650,000

    7.56 Acres, High Visibility, Income Producing

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 7.56-acre commercial land parcel in Midland, Michigan, presents a unique investment opportunity. Strategically located on West Midland Road, the property boasts significant highway visibility from US-10, maximizing exposure for any commercial venture. The site includes two parcels, APN 140-019-400-040-00 and 140-019-400-360-00, and is zoned for commercial use, offering a wide range of development possibilities. Currently, an existing home is situated on the property, along with a billboard generating a consistent annual income of $10,000 for the next nine years. This adds immediate return on investment to the considerable potential of the land itself. The property's prime location and high visibility make it ideal for various uses, including storage, warehouse facilities, or any highway-oriented commercial enterprise. The convenient access via the Midland Road ramp from US-10 further enhances its appeal. This is a rare opportunity to acquire a substantial commercial property in a thriving Michigan market, offering both immediate income and significant long-term growth potential. The asking price for this exceptional property is $650,000. The property's address is 2663 W Midland Rd, Midland, MI 48642.

    Property Features for 2663 Midland Rd

    General Information

    Property type
    Land
    Lot Size
    329,314 SF

    HighLights

    • 7.56‑acre commercial land parcel in Midland, MI.
    • High‑visibility location on West Midland Road, with US‑10 highway exposure.
    • Two parcels (APN 140‑019‑400‑040‑00 & 140‑019‑400‑360‑00) zoned for commercial use.
    • Includes existing home and billboard generating $10,000 annual income for nine years.
    • Ideal for storage, warehouse, or highway‑oriented commercial development.
    • Asking price: $650,000. Address: 2663 W Midland Rd, Midland, MI 48642.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Auto Repair Shop Clothing Store Gym & Fitness Pharmacy Auto Parts Store Department Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Bay
    State
    Michigan
    Longitude
    -84.1549592
    Latitude
    43.6042903

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    FAQs

    What type of property is this?
    Land - 7.56 Acres, High Visibility, Income Producing
    Where is this land located?
    The property is located at 2663 Midland Rd Midland, MI.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: 7.56-acre commercial land parcel in Midland, MI.; High-visibility location on West Midland Road, with US-10 highway exposure.; Two parcels (APN 140-019-400-040-00 & 140-019-400-360-00) zoned for commercial use.
    Request Owner's contact information
    2663 Midland Rd 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
    2663 Midland Rd Midland, MI 48642
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