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Property profile & analytics
OFF-MARKET
Strip malls

203 Wackerly St Midland, MI 48640-2792

11,148 SF 1.07 ac lot Built 2005
Entity Owned 4-yr Hold Free & Clear
Property ID
US43-2265973
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Total area 11,148 SF
Lot 1.07 ac (46,609 SF)
Zoning code CC
APN 14-04-10-516
UPID US43-2265973
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
Current use
Occupant on record · Public records
  • Diamond Jim's Bar & Pub
  • Jet's Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Midland Investment Holdings LLC · 4 yrs held
Midland Investment Holdings LLC
since 2021
2 recorded transactions
2021
Price N/A
2020
$1.9M
Zoning & alternative use
CC · Midland, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

2. CC - Community Center District The purpose of the Community Center District is to provide for commercial and mixed-use developments that offer a broad range of goods and services to meet the convenience and comparison-shopping needs of residents. Because of the variety of uses permitted in the CC District, special attention shall be focused on site layout…

Zone name Community Center
General category MIXED_USE
Zone area 35.88 ac
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