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    Property profile & analytics

    3003 Commercial Dr Midland, MI 48642-7840

    • Warehouses
    • 3,584 SF
    • 5.32 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 19, 2023
    Location Intelligence
    Property ID
    US43-4227486
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Penske Truck Rental / Truck Rental Agency / Moving Supply Store
    • Cendant Equipment Rental / Equipment Rental Agency / Lawn Equipment Rental Service

    Property Details for 3003 Commercial Dr

    Year built
    2005
    Lot size
    5.32 lot acres
    Property size
    3,584 SF
    Zone code
    COMMERCIAL
    Property type
    Warehouses
    APN
    090-028-200-349-00
    APU
    9002820034900

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Michigan
    Longitude
    -84.2459
    Latitude
    43.679
    CBSA code
    33220
    CBSA name
    MIDLAND, MI MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $1,970
    $0.00
    $0.00
    $50,900
    -
    $0.00
    $0.00
    $101,800

    Comparable in this City

    • Value Estimation by Request
      42,142 SF

      3401 Contractors Dr

      WAREHOUSE, STORAGE • 42,142 SF
      3401 Contractors Dr, Midland, MI 48642-6946
      View Details
    • Value Estimation by Request
      23,896 SF

      6210 Wackerly St

      MINI-WAREHOUSE, STORAGE • 23,896 SF
      6210 Wackerly St, Midland, MI 48642-7350
      View Details
    • Value Estimation by Request
      15,016 SF

      4300 James Savage Rd

      WAREHOUSE, STORAGE • 15,016 SF
      4300 James Savage Rd, Midland, MI 48642-6523
      View Details
    • Value Estimation by Request
      63,944 SF

      2400 James Savage Rd

      WAREHOUSE, STORAGE • 63,944 SF
      2400 James Savage Rd, Midland, MI 48642-6536
      View Details
    • Value Estimation by Request
      47,135 SF

      3810 James Savage Rd

      WAREHOUSE, STORAGE • 47,135 SF
      3810 James Savage Rd, Midland, MI 48642-6518
      View Details
    • Value Estimation by Request
      9,976 SF

      2527 Schuette Rd

      WAREHOUSE, STORAGE • 9,976 SF
      2527 Schuette Rd, Midland, MI 48642-5975
      View Details

    Similar Nearby for Sale

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      Midland Industrial Building For Sale

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      Eastwick Industrial Building For Sale

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    • $1,495,000
      43.00 Acres

      Midland Industrial Land - 43 Acres

      Prime Midland, MI industrial land, 43 acres, excellent zoning.
      1407 Larkin Center Dr, Midland, MI 48642
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    • $470,000
      4,000 SF

      Midland Office Building: Prime Location

      4,000 SF Flex Office, Updated, Expandable
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      Midland Commercial Land - Hwy Frontage

      7.56 Acres, High Visibility, Income Producing
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    Similar Nearby for Lease

    • $7 SF/Yr
      14,951 SF

      Midland Industrial Shop/Warehouse Space

      Prime Midland County location, 14,951 sq ft.
      1700 James Savage Rd, Midland, MI 48642
      View Details
    • $1,450 /Mo
      1,400 SF

      Second Floor Office Suite

      Office suite featuring open area, offices, and kitchen breakroom.
      3900 Centennial Dr, Midland, MI 48642
      View Details
    • $10 SF/Yr
      2,000 SF

      Retail Space Near US10

      Retail space available in high-traffic location near US10.
      6801 Eastman Ave, Midland, MI 48642
      View Details
    • $15 SF/Yr
      3,500 SF

      Midland Office Space For Lease

      Office space for lease in Midland, near US-10.
      1320 Waldo Ave, Midland, MI 48642
      View Details
    • $25 SF/Yr
      1,313 SF

      Midland Office/Medical Space Available

      Unfinished office/medical space for lease near Midland Mall.
      801 Joe Mann Blvd, Midland, MI 48642
      View Details
    • $1,000 /Mo
      860 SF

      Midland Office/Showroom Space Available

      Office/showroom space for lease near Dow and XALT Energy.
      1821 Austin St, Midland, MI 48642
      View Details
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    3003 Commercial Dr
    Midland, MI 48642-7840
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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