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    OFF-MARKET
    Office buildings

    1510 Bayliss St, Midland, MI 48640-5507

    2,854 SF 4.84 ac lot Built 1961
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US43-2512966
    Property summary
    AI-generated overview

    This exceptional commercial property presents a unique investment opportunity in Midland, Michigan. Located at 1510 Bayliss, this 6.5-acre parcel boasts a rich history as a former radio station. The property's expansive size offers significant potential for redevelopment or repurposing, catering to a wide range of commercial ventures. The asking price is $450,000, representing a compelling entry point into the Midland market. The property is zoned for commercial use (specific zoning details should be independently verified). Given its size and location, this land presents a rare chance to acquire a substantial footprint in a thriving Michigan community. The property's previous use as a radio station suggests existing infrastructure that could be leveraged, although a thorough assessment of the existing structures and utilities is recommended. Prospective buyers are encouraged to conduct their own due diligence to fully understand the property's potential and to explore the various development possibilities. The property's address is clearly identified as 1510 Bayliss, Midland, MI 48640. Its geographic coordinates are 43.6145533 latitude and -84.2219309 longitude. This offering is presented as-is.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1961
    Total area 2,854 SF
    Lot 4.84 ac (210,830 SF)
    Zoning code OS
    APN 14-15-50-090
    UPID US43-2512966
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Logan Richetti · 1 yrs held
    Logan Richetti
    since 2025
    1 recorded transaction
    2025
    $370,000
    Zoning & alternative use
    OS · Midland, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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