Property profile

21659 Gratiot Rd Merrill, MI 48637

OFF-MARKET
Industrial properties
Property ID
US43-2361388
109,700 SF 18.16 ac lot Built 1997
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1997
Total area 109,700 SF
Lot 18.16 ac (791,050 SF)
APN 17-12-1-27-3009-004
UPID US43-2361388

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
  • Industrial Manufacturer

Location

21659 Gratiot Rd Merrill, MI 48637-8717
Merrill metro Census 12200 SAGINAW-SAGINAW TOWNSHIP NORTH, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.71M
Blend (final) Blend
$6.71M

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2023
Price N/A
2020
Price N/A
2018
Price N/A
2016
Price N/A
2012
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $7.2M +67.2%

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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