2700 Wackerly St Midland, MI 48640-6957
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Smith-Miner Funeral Home Social Service Agency
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Smith-Miner/Sunburst Memorials General Contractor
1. NC - Neighborhood Center District The purpose of the Neighborhood Center District is to provide locations for businesses and mixed-use developments that meet the day -to-day shopping and service needs of residents in surrounding neighborhoods. Wherever possible, Neighborhood Center uses should be designed to fit into the fabric of the surrounding neighbor…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
NC · Midland, MI1. NC - Neighborhood Center District The purpose of the Neighborhood Center District is to provide locations for businesses and mixed-use developments that meet the day -to-day shopping and service needs of residents in surrounding neighborhoods. Wherever possible, Neighborhood Center uses should be designed to fit into the fabric of the surrounding neighborhood, by giving special consideration to site layout, building design, pedestrian orientation, traffic patterns, exterior lighting, and similar site and building characteristics. Intensive commercial uses that generate large volumes of traffic or that have other characteristics that would adversely affect the quality of surrounding residential areas are not appropriate in the Neighborhood Commercial District. 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, building design, vehicular and pedestrian circulation, design compatibility, and coordination of site features between adjoining sites. 3. RC - Regional Center District The purpose of the Regional Center District is to provide for mixed-use development that offers a diversity of retail, service, entertainment, office, finance, and related business uses to serve the needs of re sidents of the City and region. The Regional Center District is intended to be the City of Midland Zoning Ordinance
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.