Technical
Financial
Distress signals
Property profile

809 Michigan Ave Grayling, MI 49738

OFF-MARKET
Medical Office Space
Property ID
US43-3355875
4,020 SF 0.33 ac lot Built 2004
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2004
Total area 4,020 SF
Lot 0.33 ac (14,400 SF)
Zoning code C-2
APN 070-181-008-011-00
UPID US43-3355875

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
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Physician
  • Medical Clinic Physician

Location

809 Michigan Ave Grayling, MI 49738-1417
Grayling metro Census 960200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2019
1 recorded transaction
2019
Price N/A

Zoning & alternative use

C-2 · Grayling, MI
General category MIXED_USE

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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