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Property profile & analytics
OFF-MARKET
Specialty properties

415 Jerome Rd Midland, MI 48640

1,176 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Total area 1,176 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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