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    Property profile & analytics

    105 Wackerly St Midland, MI 48640-2780

    • Strip malls
    • 6,059 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    $1,935,000
    Last Sale
    Jul 08, 2020
    $1,850,000
    Location Intelligence
    Property ID
    US43-2180874
    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

    • Strip malls

    Property Details for 105 Wackerly St

    Year built
    2005
    Lot size
    0.46 lot acres
    Property size
    6,059 SF
    Zone code
    CC
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    14-04-10-512
    APU
    140410512

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,040,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,680,000
      6.5%
      $2,040,000
      7%
      $1,850,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,970,000
      Geo Method
      $1,545,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,535,000
      Retail
      $1,585,000
      Mixed-Use
      $1,655,000
      Hospitality
      $1,355,000
      Educational
      $1,845,000
      Residential Income
      $1,675,000
      Energy
      $1,800,000
      Income-Based Land
      $1,525,000
      Food Service
      $1,585,000

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Michigan
    Longitude
    -84.2278
    Latitude
    43.6544
    CBSA code
    33220
    CBSA name
    MIDLAND, 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
    2022
    $14,731
    $0.00
    $0.00
    $252,400
    -
    $0.00
    $0.00
    $504,800

    Comparable in this City

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      4,950 SF

      2800 Rodd St

      SHOPPING CENTER, STRIP CENTER • 4,950 SF
      2800 Rodd St, Midland, MI 48640-4531
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    • Value Estimation by Request
      10,250 SF

      4424 Saginaw Rd

      SHOPPING CENTER, STRIP CENTER • 10,250 SF
      4424 Saginaw Rd, Midland, MI 48640-2370
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    • Value Estimation by Request
      5,016 SF

      3108 Jefferson Ave

      SHOPPING CENTER, STRIP CENTER • 5,016 SF
      3108 Jefferson Ave, Midland, MI 48640-3572
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    • Value Estimation by Request
      5,400 SF

      1120 Eastman Ave

      SHOPPING CENTER, STRIP CENTER • 5,400 SF
      1120 Eastman Ave, Midland, MI 48640-4215
      View Details
    • Value Estimation by Request
      11,115 SF

      4951 Eastman Ave

      SHOPPING CENTER, STRIP CENTER • 11,115 SF
      4951 Eastman Ave, Midland, MI 48640-6791
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $2,550 /Mo

      Retail Space Available For Rent

      Retail space available for lease at $11 per square foot.
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    • $4,500 /Mo
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      Second-floor office space available in Midland, Michigan.
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    • $1,600 /Mo
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      Office Space in Midland, MI

      Office space for rent with ample parking and elevator access.
      720 W Wackerly St, Midland, MI 48640
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    • $2,000 /Mo
      2,500 SF

      Office Space in Midland, MI

      Office space for lease with utilities and internet included.
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    • $15 SF/Yr
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    • $1,800 /Mo
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      Office Space in Midland, MI

      Multiple office units available for lease in a quiet building.
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    105 Wackerly St
    Midland, MI 48640-2780
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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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