Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1301 Commerce Farwell, MI 48622-8520

    • Industrial properties
    • 4.58 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US43-2920891
    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

    • Industrial properties

    Property Details for 1301 Commerce

    Lot size
    4.58 lot acres
    Property type
    Industrial properties
    APN
    041-023-400-10
    APU
    4102340010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $240,000

    • CAP approach

      CAP return
      Estimation
      6%
      $340,000
      6.5%
      $310,000
      7%
      $370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $355,000
      Geo Method
      $305,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $405,000
      Retail
      $340,000
      Mixed-Use
      $310,000
      Hospitality
      $410,000
      Educational
      $340,000
      Residential Income
      $400,000
      Energy
      $295,000
      Income-Based Land
      $345,000
      Food Service
      $400,000

    Location Insight

    • Map
    • Local Demand
    City
    Farwell
    County
    Clare
    State
    Michigan
    Longitude
    -84.8777
    Latitude
    43.8462

    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
    $5,785
    $22,649
    $109,892
    $132,541
    -
    $45,298
    $219,784
    $265,082

    Comparable in this City

    • Value Estimation by Request
      0.96 Acres

      Farwell, MI 48622

      INDUSTRIAL (GENERAL) • 0.96 Acres
      Farwell, MI 48622
      View Details
    • Value Estimation by Request
      1.76 Acres

      Farwell, MI 48622

      INDUSTRIAL (GENERAL) • 1.76 Acres
      Farwell, MI 48622
      View Details
    • Value Estimation
      $225,000
      0.84 Acres

      796 Maple Grv Rd

      INDUSTRIAL (GENERAL) • 0.84 Acres
      796 Maple Grv Rd, Farwell, MI 48622-9109
      View Details
    • Value Estimation by Request
      8.58 Acres

      505 Hoover St

      INDUSTRIAL (GENERAL) • 8.58 Acres
      505 Hoover St, Farwell, MI 48622-9114
      View Details
    • Value Estimation
      $400,000
      18.87 Acres

      1060 Commerce

      INDUSTRIAL (GENERAL) • 18.87 Acres
      1060 Commerce, Farwell, MI 48622
      View Details
    • Value Estimation
      $315,000
      1.60 Acres

      3760 Ludington Dr

      INDUSTRIAL (GENERAL) • 1.60 Acres
      3760 Ludington Dr, Farwell, MI 48622-9795
      View Details

    Similar Nearby for Sale

    • $215,000
      2,704 SF

      Farwell Industrial Building - Prime Location

      Spacious industrial building, ideal for various uses.
      259 Main St, Farwell, MI 48622
      View Details
    • $225,000
      3,307 SF

      Farwell Industrial Property - 1.9 Acres

      Versatile Commercial Building, Prime Location, High Traffic.
      550 Ludington Dr, Farwell, MI 48622
      View Details
    • $425,000
      6,616 SF

      Farwell Commercial/Industrial Property For Sale

      Office, business center, and bay garages in Farwell, Michigan.
      2655 W Ludington Dr, Farwell, MI 48622
      View Details
    • $119,900
      1,600 SF

      Farwell Industrial Building - $119,900

      Spacious Industrial Property, 1.35 Acres
      1821 Ludington Dr, Farwell, MI 48622
      View Details
    • $220,000

      Versatile Steel Building on 1.82 Acres

      Well-maintained 3,100 SF steel building on 1.82 acres.
      7972 N Winn Rd, Farwell, MI 48622
      View Details
    • Contact for pricing
      1.28 Acres

      Residential Lot in Gated Community

      1.28-acre lot in White Birch Lakes community with amenities.
      179 Mockingbird Cir, Farwell, MI 48622
      View Details
    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.
    1301 Commerce
    Farwell, MI 48622-8520
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.