Property profile

203 Michigan Ave Grayling, MI 49738

OFF-MARKET
Community centers
Property ID
US43-3292075
3,039 SF 0.05 ac lot Built 1900
Individually Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1900
Total area 3,039 SF
Lot 0.05 ac (2,025 SF)
Zoning code CBD
APN 070-100-015-012-00
UPID US43-3292075

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
  • (Bike/Boat/Book/etc) Store

Location

203 Michigan Ave Grayling, MI 49738-1742
Grayling metro Census 960200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

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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