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    Property profile & analytics

    400 Joseph Dr Midland, MI 48642-8636

    • Day care centers
    • 11,076 SF
    • 1.51 lot acres
    OFF-MARKET
    Value Estimation
    $255,000
    Last Sale
    May 11, 2021
    $255,000
    Location Intelligence
    Property ID
    US43-2182044
    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

    • Christopher J. Bigelow, MD / Ophthalmologist / Doctor
    • James L. Jackson, MD / Ophthalmologist / Doctor
    • Jackson & Bigelow, MD-PC / Ophthalmologist
    • Early Explorers Child Care and Learning Center / Day Care Center / Preschool

    Property Details for 400 Joseph Dr

    Year built
    2021
    Lot size
    1.51 lot acres
    Property size
    11,076 SF
    Zone code
    OS
    Property type
    Day care centers
    APN
    11-34-60-500
    APU
    113460500

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $235,000
      6.5%
      $230,000
      7%
      $220,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $230,000
      Geo Method
      $240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $215,000
      Retail
      $180,000
      Mixed-Use
      $220,000
      Hospitality
      $235,000
      Educational
      $235,000
      Residential Income
      $190,000
      Energy
      $175,000
      Income-Based Land
      $180,000
      Food Service
      $195,000

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Michigan
    Longitude
    -84.2242
    Latitude
    43.6588
    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
    $51,024
    $0.00
    $0.00
    $1,001,800
    -
    $0.00
    $0.00
    $2,003,600

    Comparable in this City

    • Value Estimation by Request
      7,176 SF

      4611 Swede Ave

      Schools • 7,176 SF
      4611 Swede Ave, Midland, MI 48642
      View Details
    • Value Estimation by Request
      2,250 SF

      2904 Ashman St

      DAY CARE, PRE-SCHOOL • 2,250 SF
      2904 Ashman St, Midland, MI 48642-4104
      View Details
    • Value Estimation by Request
      2,584 SF

      2401 Wheeler St

      DAY CARE, PRE-SCHOOL • 2,584 SF
      2401 Wheeler St, Midland, MI 48642-7152
      View Details
    • Value Estimation by Request
      18,140 SF

      3305 Ridgecrest Dr

      DAY CARE, PRE-SCHOOL • 18,140 SF
      3305 Ridgecrest Dr, Midland, MI 48642-5899
      View Details
    • Value Estimation by Request
      5,536 SF

      1407 Commerce Dr

      KENNEL • 5,536 SF
      1407 Commerce Dr, Midland, MI 48642-7946
      View Details
    • Value Estimation by Request
      11,481 SF

      1123 Wheeler St

      COMMERCIAL MISC • 11,481 SF
      1123 Wheeler St, Midland, MI 48642-3094
      View Details

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    Similar Nearby for Lease

    • $1,450 /Mo
      1,400 SF

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      Office suite featuring open area, offices, and kitchen breakroom.
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      Office space for lease in Midland, near US-10.
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      Prime Midland County location, 14,951 sq ft.
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    • $10 SF/Yr
      2,000 SF

      Retail Space Near US10

      Retail space available in high-traffic location near US10.
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    • $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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    400 Joseph Dr
    Midland, MI 48642-8636
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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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