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    Mayville, MI Vassar, MI Cass City, MI Kingston, MI Silverwood, MI Fairgrove, MI Unionville, MI Millington, MI
    1004 West Caro Road, Caro, MI 48723
    Updated: Nov 17, 2025
    1004 West Caro Road, Caro, MI 48723

    1004 West Caro Rd, Caro, MI 48723

    $349,000
    1,250 sqft 1.13 AC lot
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    This listing looks promising.

    Here's a quick look at some key insights for

    1004 West Caro Rd, Caro, MI 48723

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    • Est. Cap Rate

      4.3%
      NOI ÷ price

    • Est. NOI

      $15K
      Annual

    • Price @ 7% Cap

      $215K
      Suggested
    View Property Analytics
    Multi-Tenant Office Property in Caro
    Updated: Feb 23
    Multi-Tenant Office Property in Caro

    1184 Cleaver Rd, Caro, MI 48723

    Contact for pricing
    10,647 sqft 1.81 AC lot
    Significantly below replacement cost at $39.45/sf.
    Anchored by two State of Michigan leases, providing stable income.
    25% vacancy offers potential upside through lease‑up.
    Well‑maintained property with significant capital improvements including roof (2007), windows (2005), and recent HVAC upgrades.
    Located in Caro, the county seat, providing economic stability and diverse business activity.
    View details
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Caro, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Office Building with Public Water
    Office Building with Public Water

    41 E Main Street, Sebewaing, MI 48759

    $110,000
    3,870 sqft 0.25 AC lot

    Office building in downtown Sebewaing with public water service and spacious office rooms.

    View details
    Office Building with Natural Light
    Office Building with Natural Light

    41 E Main Street, Sebewaing, MI 48759

    $110,000
    3,870 sqft

    Flexible layout with spacious rooms and convenient access to nearby shops, dining, and community amenities.

    View details
    Nine-Office Building
    Nine-Office Building

    6476 Marlette Street, Marlette, MI 48453

    Contact for pricing
    2,000 sqft

    Multi-office layout includes a reception area, restroom, and a recently replaced roof.

    View details
    Two-Level Brick Office Building
    Two-Level Brick Office Building

    6446 MORRIS Street, Marlette, MI 48453

    Contact for pricing
    2,463 sqft

    Brick office building with multiple offices, breakroom, and recent roof and HVAC updates in the Marlette downtown district.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Near Medical Complex
    Commercial Land Near Medical Complex

    Fashion Square Boulevard, Saginaw, MI 48603

    $120,000
    2.09 AC lot

    Development parcel with public water and stated potential for office, medical, or retail construction.

    View details

    Caro, MI Office Buildings Market Trends and Statistics

    Explore 2 office buildings for sale in Caro, MI on our real estate platform. These investment opportunities span a total of 11,897 square feet of properties for sale, with an estimated market value of $349,000.

    Sale prices for office properties in Caro, MI average $349,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Medical Office Space 3
    Office buildings 3

    Demographics Overview

    Population 12K
    Population Growth (5Y) -0.6%
    Median Household Income $56,618
    College Educated 24.2%

    High-Yield Neighborhoods for Investment

    Identify Caro submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48723 $399.5K

    Taxes & Financing

    Tax Rate (average for all types) 4.73%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Tuscola County

    New Delisted

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