Property profile

200 Michigan Ave Grayling, MI 49738

OFF-MARKET
Community centers
Property ID
US43-3784777
2,719 SF 0.07 ac lot Built 1900
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1900
Total area 2,719 SF
Lot 0.07 ac (3,240 SF)
Zoning code CBD
APN 070-100-016-008-01
UPID US43-3784777

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • County Government Office
  • Federal Courthouse
  • Public Safety Office
  • Sheriff'S Department

Location

200 Michigan Ave Grayling, MI 49738-1747
Grayling metro Census 960200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2019
1 recorded transaction
2019
Price N/A

Zoning & alternative use

CBD · Grayling, MI
General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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