Property profile

5007 Universal Dr Midland, MI 48640

OFF-MARKET
Assisted living facilities
Property ID
US43-2299196
39,039 SF 2.35 ac lot Built 1998
Entity Owned 12-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1998
Total area 39,039 SF
Lot 2.35 ac (102,366 SF)
Zoning code OS
APN 14-06-96-003
UPID US43-2299196

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Nursing Home Retirement Community

Location

5007 Universal Dr Midland, MI 48640-2047
Midland metro Census 291000 MIDLAND, 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
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2013
2 recorded transactions
2025
Price N/A
2013
Price N/A

Zoning & alternative use

OS · Midland, MI
Zoning description

Community, CC, OS, NC, D, C Conditional Use and Site Plan Review Wireless internet facilities 3 feet or less in dimension. All districts Administrative Site Plan Review 4. Standards and Conditions a. No telecommunication…

General category COMMERCIAL

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
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