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

    1500 Alexander Rd Vanderbilt, MI 49795-9709

    • Commercial real estate
    • 142.79 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 18, 2024
    Location Intelligence
    Property ID
    US43-3399701
    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

    • Black Bear Golf Course / Resort Hotel / Restaurant

    Property Details for 1500 Alexander Rd

    Lot size
    142.79 lot acres
    Property type
    Commercial real estate
    APN
    042-011-100-005-08
    APU
    4201110000508

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Vanderbilt
    County
    Otsego
    State
    Michigan
    Longitude
    -84.6377
    Latitude
    45.1854

    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
    $13,020
    $0.00
    $0.00
    $544,500
    -
    $0.00
    $0.00
    $1,089,000

    Comparable in this City

    • Value Estimation by Request
      0.40 Acres

      439 Main St

      COMMERCIAL (GENERAL) • 0.40 Acres
      439 Main St, Vanderbilt, MI 49795-9754
      View Details
    • Value Estimation by Request
      1.00 Acre

      8336 Ml St

      COMMERCIAL (GENERAL) • 1.00 Acre
      8336 Ml St, Vanderbilt, MI 49795-9701
      View Details
    • Value Estimation by Request
      0.25 Acres

      7903 Ml St

      COMMERCIAL (GENERAL) • 0.25 Acres
      7903 Ml St, Vanderbilt, MI 49795-9389
      View Details
    • Value Estimation by Request
      0.26 Acres

      8037 Ml St

      COMMERCIAL (GENERAL) • 0.26 Acres
      8037 Ml St, Vanderbilt, MI 49795-9357
      View Details
    • Value Estimation by Request
      0.24 Acres

      8016 Ml St

      COMMERCIAL (GENERAL) • 0.24 Acres
      8016 Ml St, Vanderbilt, MI 49795-9357
      View Details
    • Value Estimation by Request
      0.75 Acres

      6682 Old 27th N Hwy

      COMMERCIAL (GENERAL) • 0.75 Acres
      6682 Old 27th N Hwy, Vanderbilt, MI 49795-9324
      View Details

    Similar Nearby for Sale

    • $175,000
      25.15 Acres

      Vanderbilt Wooded Land Near State Land

      25.15 acres of wooded land near Thumb Lake.
      1060 Alexander Rd, Vanderbilt, MI 49795
      View Details
    • Contact for pricing

      Vanderbilt Land in Mount Vernon

      Wooded 2+ acre property in Mount Vernon Hills community.
      10 Mount Vernon Hills Dr, Vanderbilt, MI 49795
      View Details
    • New
      Contact for pricing

      Vanderbilt Land for Sale

      Land in quiet subdivision near outdoor activities. Build your dream home!
      Mount Vernon Hills Dr, Vanderbilt, MI 49795
      View Details
    • $925,000
      1 SF

      7736 Mill St

      Retail properties • 1 SF
      7736 Mill St, Vanderbilt, MI 49795
      View Details
    • $50,000
      2.24 Acres

      Flat 2.2 Acre Lot

      2.2 acre lot near trails, golf, and ski hills.
      S Straits Hwy, Vanderbilt, MI 49795
      View Details
    • $265,000
      39.60 Acres

      39.6 Acres Near Thumb Lake

      Heavily wooded 39.6-acre parcel near Thumb Lake, ideal for building.
      1308 S Magee Rd, Vanderbilt, MI 49795
      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.
    1500 Alexander Rd
    Vanderbilt, MI 49795-9709
    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.