Property profile

4242 Dorr Commerce Dr Wayland, MI 49348

OFF-MARKET
Auto shops
Property ID
US43-4143372
16,160 SF 5.48 ac lot Built 2017
Individually Owned 11-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2017
Total area 16,160 SF
Lot 5.48 ac (238,709 SF)
APN 05-160-004-00
UPID US43-4143372

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4242 Dorr Commerce Dr Wayland, MI 49348-8701
Wayland metro Census 30403 HOLLAND, MI MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.20M
Blend (final) Blend
$640k

Owner & transaction history

since 2015
1 recorded transaction
2015
$300,000

Zoning & alternative use

Top alternative use upside
Retail stores $2.0M +79.0%
Restaurant $1.8M +54.1%
Commercial (general) $1.8M +53.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4242 Dorr Commerce Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message