Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Sides Dr Unit Gaylord, MI 49735

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Sides Dr Unit Gaylord, MI 49735

    View on Map
    • Retail properties & Spaces
    • 1,920 SF
    For Sale
    $95,000
    View Listing →
    Gaylord Storefront: Prime Retail Space For Sale
    $95,000
    1,920 SF

    Gaylord Storefront: Prime Retail Space

    1,920 SF Retail Space - $95,000

    0 Sides Dr Unit, Gaylord, MI 49735
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Sides Dr Unit

    Property size
    1,920 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Retail space

    Description

    This exceptional 1,920 square foot storefront retail space, located at Sides Drive Unit 21 in Gaylord, Michigan, presents a fantastic investment opportunity. Priced at $95,000, this property is ideally situated in Otsego County, offering convenient access and high visibility. The property's classification as a storefront makes it perfect for a variety of retail businesses. The address is Sides Drive Unit 21, Gaylord, MI 49735. Its precise location is 44.9858952 latitude and -84.6270618 longitude. The building's size is well-suited for a range of retail ventures, providing ample space for displays, inventory, and customer interaction. While the marketing description mentions a "30' x 64' Drive Thru Storage Unit," this information is separate from the storefront itself and requires further clarification. This property is categorized as retail and is a storefront subtype. The asking price represents a compelling entry point into the Gaylord retail market. Serious inquiries are encouraged to explore the potential of this well-positioned commercial property. Further details regarding the drive-thru storage unit are available upon request. This listing presents a unique opportunity to acquire a versatile retail space in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gaylord
    County
    Otsego
    State
    Michigan
    Longitude
    -84.6271
    Latitude
    44.9859

    Comparable in this City

    • Value Estimation by Request
      1,680 SF

      Sides Dr Unit

      Individual retail properties • 1,680 SF
      0 Sides Dr Unit, Gaylord, MI 49735
      View Details
    • Value Estimation by Request
      1,800 SF

      Sides Dr Unit

      Individual retail properties • 1,800 SF
      0 Sides Dr Unit, Gaylord, MI 49735
      View Details
    • Value Estimation by Request
      1,440 SF

      Sides Dr Unit

      Individual retail properties • 1,440 SF
      0 Sides Dr Unit, Gaylord, MI 49735
      View Details
    • Value Estimation by Request
      1,440 SF

      Sides Dr Unit

      Individual retail properties • 1,440 SF
      0 Sides Dr Unit, Gaylord, MI 49735
      View Details
    • Value Estimation by Request
      3,264 SF

      Sides Dr Unit

      Individual retail properties • 3,264 SF
      0 Sides Dr Unit, Gaylord, MI 49735
      View Details
    • Value Estimation by Request
      1,920 SF

      Sides Dr Unit

      Individual retail properties • 1,920 SF
      0 Sides Dr Unit, Gaylord, MI 49735
      View Details

    Similar Nearby for Sale

    • $82,000
      1,680 SF

      Gaylord Storefront: Prime Retail Space

      1,680 SF Retail Space - $82,000
      0 Sides Dr Unit, Gaylord, MI 49735
      View Details
    • $79,500
      1,440 SF

      Gaylord Storefront: Prime Retail Space

      1,440 SF Retail Space - $79,500
      0 Sides Dr Unit, Gaylord, MI 49735
      View Details
    • $95,000
      1,920 SF

      Gaylord Storefront: Prime Retail Space

      1,920 SF Retail Space - $95,000
      0 Sides Dr Unit, Gaylord, MI 49735
      View Details
    • $79,500
      1,440 SF

      Gaylord Storefront: Prime Retail Space

      1,440 SF Retail Space - $79,500
      0 Sides Dr Unit, Gaylord, MI 49735
      View Details
    • $88,000
      1,800 SF

      Gaylord Storefront: Prime Retail Space

      1800 SF Retail Space - $88,000
      0 Sides Dr Unit, Gaylord, MI 49735
      View Details
    • $96,000
      1,920 SF

      Gaylord Storefront: Prime Retail Space

      1,920 SF Retail Space - $96,000
      0 Sides Dr Unit, Gaylord, MI 49735
      View Details

    Similar Nearby for Lease

    • $2,225 /Mo
      2,280 SF

      Gaylord Commercial Space For Rent

      2,280 sq ft commercial space in high-traffic Gaylord location.
      1349 S Otsego Ave, Gaylord, MI 49735
      View Details
    • $12 SF/Yr
      1,750 SF

      Versatile Commercial Space on Main

      Adaptable commercial space suitable for office, retail, or religious use.
      400 W Main St, Gaylord, MI 49735
      View Details
    • Contact for pricing
      3,532 SF

      Freestanding Retail Building in Gaylord

      Retail building in Gaylord's retail hub, near I-75.
      1388 W Main St, Gaylord, MI 49735
      View Details
    • $500 /Mo
      1,080 SF

      Versatile Commercial Kitchen in Gaylord

      Well-equipped commercial kitchen ideal for various food-related ventures.
      120 Grandview Blvd, Gaylord, MI 49735
      View Details
    • Contact for pricing

      Retail Space in Gaylord

      Charming retail space near downtown Gaylord with steady foot traffic.
      305 S Otsego Ave, Gaylord, MI 49735
      View Details
    • Contact for pricing

      Red Rose Plaza End Cap

      End cap suite in high-visibility plaza near I-75.
      1251 W Main St, Gaylord, MI 49735
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Sides Dr Unit
    Gaylord, MI 49735
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!