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    1345 Mitchell St Cadillac, MI 49601

    • Commercial real estate
    • 1.16 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US43-2852237
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1345 Mitchell St

    Lot size
    1.16 lot acres
    Property type
    Commercial real estate
    APN
    2209-SA0116
    APU
    2209SA0116

    Description

    This exceptional retail property at 1345 N. Mitchell St., Cadillac, MI, offers 14,714 total square feet, with 14,743 square feet currently vacant, spread across a multiple-tenancy storefront/strip center configuration. Two available spaces range from 7,256 to 7,458 square feet each, providing flexibility for various retail businesses. The property boasts a highly visible location in Cadillac, Michigan, ensuring substantial foot traffic. Ample parking is available with 19 spaces provided on the 0.54-acre lot. The modern building features a well-maintained exterior and large windows that flood the interior with natural light, creating a welcoming atmosphere. The flexible layout allows for customization to meet specific business needs. Located in Wexford County, this property presents a prime opportunity for businesses seeking high visibility and convenient access in a thriving community. The property's address is 1345 N. Mitchell St., Cadillac, MI 49601.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cadillac
    County
    Wexford
    State
    Michigan
    Longitude
    -85.4072
    Latitude
    44.2694
    CBSA code
    15620
    CBSA name
    CADILLAC, MI MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,877
    $0.00
    $0.00
    $254,000
    -
    $0.00
    $0.00
    $508,000

    Comparable in this City

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      1.37 Acres

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      0 Cadillac Jct, Cadillac, MI 49601
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      3,600 SF

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      118.67 Acres

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      COMMERCIAL (GENERAL) • 118.67 Acres
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      2.94 Acres

      3900 Mackinaw Trl

      COMMERCIAL (GENERAL) • 2.94 Acres
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    Similar Nearby for Lease

    • $8 SF/Yr
      96,600 SF

      Cadillac Retail Space For Lease

      Prime Retail Space, Multiple Units Available
      2100 Mitchell St, Cadillac, MI 49601
      View Details
    • $11 SF/Yr
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      Cadillac Retail Space - Prime Location

      11,440 sq ft former Rite Aid. Ideal retail space.
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    • Contact for pricing
      14,714 SF

      Cadillac Retail Space For Lease

      High-visibility storefront, ample parking.
      1345 Mitchell St, Cadillac, MI 49601
      View Details
    • $400 /Mo
      2,300 SF

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      Stand-alone office building with nine separate offices for rent.
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    • $2,000 /Mo
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    1345 Mitchell St
    Cadillac, MI 49601
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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
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