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    Property profile & analytics

    3980 Henderson Lk Rd Prescott, MI 48756-9369

    • Commercial real estate
    • 7,755 SF
    • 5.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-3962555
    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

    • Mcgregor's Country Store & Pizzeria / Pizza Restaurant

    Property Details for 3980 Henderson Lk Rd

    Year built
    1969
    Lot size
    5.00 lot acres
    Property size
    7,755 SF
    Property type
    Commercial real estate
    APN
    010-012-035-00
    APU
    1001203500

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Prescott
    County
    Ogemaw
    State
    Michigan
    Longitude
    -84.0058
    Latitude
    44.2202

    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
    2023
    $4,577
    $0.00
    $0.00
    $177,600
    -
    $0.00
    $0.00
    $177,600

    Comparable in this City

    • Value Estimation by Request
      0.01 Acres

      Prescott, MI 48756

      COMMERCIAL (GENERAL) • 0.01 Acres
      Prescott, MI 48756
      View Details
    • Value Estimation by Request
      3,164 SF

      2869 Boughner Lk Rd

      COMMERCIAL (GENERAL) • 3,164 SF
      2869 Boughner Lk Rd, Prescott, MI 48756-9260
      View Details
    • Value Estimation by Request
      1,564 SF

      2634 Greenwood Rd

      COMMERCIAL (GENERAL) • 1,564 SF
      2634 Greenwood Rd, Prescott, MI 48756-9698
      View Details
    • Value Estimation by Request
      1,920 SF

      2686 Greenwood Rd

      COMMERCIAL (GENERAL) • 1,920 SF
      2686 Greenwood Rd, Prescott, MI 48756-9698
      View Details
    • Value Estimation by Request
      2,436 SF

      1992 Greenwood Rd

      COMMERCIAL (GENERAL) • 2,436 SF
      1992 Greenwood Rd, Prescott, MI 48756-9517
      View Details
    • Value Estimation by Request
      2,415 SF

      5197 Park St

      COMMERCIAL (GENERAL) • 2,415 SF
      5197 Park St, Prescott, MI 48756-9572
      View Details

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      Buildable Parcels in Prescott, Michigan

      Five buildable parcels available individually or as a package.
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      Land in Silver Acres Sub

      Building site in Prescott, Michigan's Silver Acres Subdivision.
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    Prescott, MI 48756-9369
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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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