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    Property profile & analytics

    3016 Wackerly St Midland, MI 48640-6960

    • Medical offices
    • 8,117 SF
    • 1.30 lot acres
    OFF-MARKET
    Value Estimation
    $1,455,000
    Last Sale
    May 30, 2025
    $1,500,000
    Location Intelligence
    Property ID
    US43-2170503
    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

    • MidMichigan Obstetrics & Gynecology / Obstetrician-Gynecologist
    • Kym Gohn, DO / Obstetrician-Gynecologist / Doctor
    • Charles E. Werner, MD / Obstetrician-Gynecologist / Doctor
    • Shawna Ruple, MD / Obstetrician-Gynecologist / Doctor
    • Scott A. Thiele, MD / Obstetrician-Gynecologist / Doctor

    Property Details for 3016 Wackerly St

    Year built
    2004
    Lot size
    1.30 lot acres
    Property size
    8,117 SF
    Zone code
    OS
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    11-32-50-030
    APU
    113250030

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,415,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,510,000
      6.5%
      $1,665,000
      7%
      $1,715,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,745,000
      Geo Method
      $1,675,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,325,000
      Retail
      $1,495,000
      Mixed-Use
      $1,720,000
      Hospitality
      $1,425,000
      Educational
      $1,690,000
      Residential Income
      $1,625,000
      Energy
      $1,310,000
      Income-Based Land
      $1,410,000
      Food Service
      $1,495,000

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Michigan
    Longitude
    -84.264
    Latitude
    43.6554
    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
    $25,480
    $0.00
    $0.00
    $464,700
    -
    $0.00
    $0.00
    $929,400

    Comparable in this City

    • Value Estimation by Request
      7,145 SF

      2711 Wackerly St

      MEDICAL BUILDING • 7,145 SF
      2711 Wackerly St, Midland, MI 48640-6922
      View Details
    • Value Estimation by Request
      2,736 SF

      6105 Jefferson Ave

      MEDICAL BUILDING • 2,736 SF
      6105 Jefferson Ave, Midland, MI 48640-2935
      View Details
    • Value Estimation by Request
      7,930 SF

      301 Wackerly St

      MEDICAL BUILDING • 7,930 SF
      301 Wackerly St, Midland, MI 48640-2761
      View Details
    • Value Estimation
      $370,000
      3,663 SF

      308 Dartmouth Dr

      MEDICAL BUILDING • 3,663 SF
      308 Dartmouth Dr, Midland, MI 48640-4524
      View Details
    • Value Estimation
      $330,000
      3,066 SF

      4615 Eastman Ave

      MEDICAL BUILDING • 3,066 SF
      4615 Eastman Ave, Midland, MI 48640-2610
      View Details
    • Value Estimation by Request
      12,191 SF

      4901 Jefferson Ave

      MEDICAL BUILDING • 12,191 SF
      4901 Jefferson Ave, Midland, MI 48640-2905
      View Details

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    Similar Nearby for Lease

    • $13 SF/Yr

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      2640 sq ft, US-10 location
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      Second-floor office space available in Midland, Michigan.
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      Office Space in Midland, MI

      Office space for rent with ample parking and elevator access.
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      Office Space in Midland, MI

      Multiple office units available for lease in a quiet building.
      720 W Wackerly St, Midland, MI 48640
      View Details
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    Midland, MI 48640-6960
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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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