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    Property profile & analytics

    1551 Empire Dr Caro, MI 48723-8804

    • Industrial properties
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-2210496
    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

    • POET Bioprocessing - Caro / Biotechnology Company

    Property Details for 1551 Empire Dr

    Property type
    Industrial properties
    APN
    050-500-176-0400-00
    APU
    50500176040000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Caro
    County
    Tuscola
    State
    Michigan
    Longitude
    -83.4122
    Latitude
    43.4713

    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
    2020
    $591,636
    $0.00
    $0.00
    $8,166,000
    -
    $0.00
    $0.00
    $16,332,000

    Comparable in this City

    • Value Estimation by Request
      28.00 Acres

      2185 Wls Rd

      INDUSTRIAL (GENERAL) • 28.00 Acres
      2185 Wls Rd, Caro, MI 48723-9561
      View Details
    • Value Estimation by Request
      4.51 Acres

      1075 Colling Rd

      INDUSTRIAL (GENERAL) • 4.51 Acres
      1075 Colling Rd, Caro, MI 48723-9238
      View Details
    • Value Estimation by Request
      0.94 Acres

      628 Columbia St

      INDUSTRIAL (GENERAL) • 0.94 Acres
      628 Columbia St, Caro, MI 48723-9502
      View Details
    • Value Estimation by Request

      603 Frank St

      INDUSTRIAL (GENERAL)
      603 Frank St, Caro, MI 48723-1621
      View Details
    • Value Estimation by Request

      430 Montague Ave

      INDUSTRIAL (GENERAL)
      430 Montague Ave, Caro, MI 48723-1932
      View Details
    • Value Estimation by Request

      1332 Prospect Ave

      INDUSTRIAL (GENERAL)
      1332 Prospect Ave, Caro, MI 48723-9288
      View Details

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    Similar Nearby for Lease

    • $1,500 /Mo
      1,921 SF

      Office Space in Brick Building

      Second-floor office spaces available in Caro, Michigan.
      1111 W Caro Rd, Caro, MI 48723
      View Details
    • Contact for pricing
      1,280 SF

      Retail Space on Caro Road

      Retail space available in dominant multi-tenant shopping center.
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      16,351 SF

      Retail Space in Sugarcreek Plaza

      Retail space available in a well-located shopping center.
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    • Contact for pricing

      Commercial Land in Sugarcreek Plaza

      Land with excellent visibility and strong national tenants.
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      View Details
    • $2,475 /Mo

      Versatile Commercial Space in Caro

      2,700 SF office/retail space with secure entry.
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    • $16 SF/Yr
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      Office space in newly built medical center near McLaren Hospital.
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    1551 Empire Dr
    Caro, MI 48723-8804
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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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