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Financial
Distress signals
Property profile

415 Jerome St Midland, MI 48640

OFF-MARKET
Office buildings
Property ID
US43-2411186
1,176 SF 0.17 ac lot Built 1937
Last sale May 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 1,176 square foot industrial property presents a unique development opportunity in the thriving city of Midland, Michigan. Situated on a 0.6-acre lot, this strategically located site boasts significant frontage on Jerome (M-20), Indian (Bus 10), and Buttles streets, ensuring high visibility and accessibility. Average daily traffic counts range from 10,000 to 18,000 vehicles, depending on the specific intersection, providing unparalleled exposure for any future development. …

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$4k
Tax billed · 2022
Assessed value · 2023$84k
Effective rate4.63%

Value estimate

· Oct 2026
$295k
$266k – $325k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$91/SF
ZIP average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$45 – $129

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CC
The purpose of the Community Center District is to provide for commercial and mixed-use developments that offer a broad range of goods an...
General categoryMIXED_USE
JurisdictionMIDLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.2
HVAC Service10.0
Electrical Service9.6

Location

415 Jerome St Midland, MI 48640-4960
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
117 Dartmouth, Midland, MI 48640-4513 $46,000 Sep 2024 849 SF
2510 Ashman, Midland, MI 48640-4406 $150,000 Aug 2023 1,096 SF
2514 Louanna, Midland, MI 48640-4421 $112,900 May 2023 1,224 SF
203 Dartmouth, Midland, MI 48640-4513 $135,000 Dec 2022 1,305 SF
2719 Jefferson, Midland, MI 48640-4528 $270,000 Sep 2022 1,515 SF
4908 Mac, Midland, MI 48640-2807 $145,000 Feb 2022 1,488 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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