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Property profile & analytics
OFF-MARKET Estimated value $1,915,000
Strip malls

105 Wackerly St Midland, MI 48640-2780

6,059 SF 0.46 ac lot Built 2005
Entity Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US43-2180874
Property summary
AI-generated overview

This exceptional 1,200 square foot retail space is located at 105 W Wackerly St, Midland, MI 48640. The property features a single-tenant occupancy and offers a large, open floor plan, making it suitable for a variety of businesses. Specifically, the layout is well-suited for uses such as a dance studio or martial arts facility. A convenient in-suite private restroom is included. The property enjoys excellent accessibility, with close proximity to Eastman Avenue and US-10, ensuring high visibility and convenient access for customers and employees. This prime location in Midland, Michigan presents a fantastic opportunity for businesses seeking a well-appointed space in a thriving community. The property's open design provides flexibility for customization to meet specific business needs. The address is easily accessible from major roadways, offering significant advantages for both customer traffic and logistical operations. This retail space represents a compelling investment opportunity in a desirable Midland location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Total area 6,059 SF
Lot 0.46 ac (20,038 SF)
Zoning code CC
APN 14-04-10-512
UPID US43-2180874
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.92M
Owner & transaction history
Midland Investment Holdings LLC · 6 yrs held
Midland Investment Holdings LLC
since 2020
Last sale
$1.9M
1 recorded transaction
2020
$1.9M
Zoning & alternative use
CC · Midland, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

2. CC - Community Center District The purpose of the Community Center District is to provide for commercial and mixed-use developments that offer a broad range of goods and services to meet the convenience and comparison-shopping needs of residents. Because of the variety of uses permitted in the CC District, special attention shall be focused on site layout…

Zone name Community Center
General category MIXED_USE
Zone area 35.88 ac
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