415 Jerome Rd, Midland, MI 48640
This exceptional 26,136 square foot commercial land parcel presents a unique development opportunity in the thriving city of Midland, Michigan. Located at the highly visible corner of Jerome Road (M-20) and Indian Street (Bus 10), this property boasts significant frontage on three major roadways, ensuring maximum exposure to a substantial daily traffic volume ranging from 10,000 to 18,000 vehicles, depending on the specific intersection. The site currently features a small, 1,176 square foot office building leased on a month-to-month basis, providing a potential immediate income stream while development plans are finalized. Zoned for mixed-use development, this property offers unparalleled flexibility for a variety of commercial ventures. Its prime location and high traffic counts make it an ideal investment for developers seeking a high-impact project in a dynamic and growing market. The asking price is $550,000. Don't miss this chance to capitalize on this exceptional Midland location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.