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    Property profile & analytics

    309 Jerome St Midland, MI 48640-5148

    • Grocery and convenience stores
    • 3,520 SF
    • 1.09 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-2451771
    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

    • bp / Gas Station / Convenience Store
    • Spencer Oil Co / Gas Station
    • Subway / Sandwich Shop / Caterer

    Property Details for 309 Jerome St

    Year built
    2004
    Lot size
    1.09 lot acres
    Property size
    3,520 SF
    Zone code
    D
    Property type
    Grocery and convenience stores
    APN
    14-16-60-716
    APU
    141660716

    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
    -84.2463
    Latitude
    43.6168
    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
    $30,431
    $0.00
    $0.00
    $468,400
    -
    $0.00
    $0.00
    $936,800

    Comparable in this City

    • Value Estimation by Request
      1,280 SF

      604 Saginaw Rd

      CONVENIENCE STORE • 1,280 SF
      604 Saginaw Rd, Midland, MI 48640-4611
      View Details
    • Value Estimation by Request
      4,080 SF

      4900 Saginaw Rd

      CONVENIENCE STORE • 4,080 SF
      4900 Saginaw Rd, Midland, MI 48640-2324
      View Details
    • Value Estimation by Request
      17,618 SF

      2000 Saginaw Rd

      GROCERY, SUPERMARKET • 17,618 SF
      2000 Saginaw Rd, Midland, MI 48640-6817
      View Details
    • Value Estimation
      $245,000
      4,000 SF

      1013 Isabella Rd

      CONVENIENCE STORE • 4,000 SF
      1013 Isabella Rd, Midland, MI 48640-8325
      View Details
    • Value Estimation
      $5,490,000
      2,995 SF

      2500 Saginaw Rd

      CONVENIENCE STORE • 2,995 SF
      2500 Saginaw Rd, Midland, MI 48640-6610
      View Details
    • Value Estimation by Request
      6,543 SF

      2029 Saginaw Rd

      CONVENIENCE STORE • 6,543 SF
      2029 Saginaw Rd, Midland, MI 48640-6807
      View Details

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      Office space for rent with ample parking and elevator access.
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    Property Visit Statistics

    • Visits by month
      21.2k
    • Visitors by month
      13.8k
    • Avg Time on site
      8 min
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    309 Jerome St
    Midland, MI 48640-5148
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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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