Property summary
This exceptional retail investment opportunity presents a 51,857 square foot multi-tenant property located at 859 Edelweiss Village Pkwy, Gaylord, MI 49735. The property, built in 2004, sits on a 12.95-acre lot (APN: 102-120-000-002-03 & 102-120-000-005-00) and features a strong tenant mix including Dollar Tree, Pet Supplies Plus, and GameStop. Currently boasting 83% occupancy and a Net Operating Income (NOI) of $815,507, this property offers a 7.75% cap rate at an asking price of… $10,523,000. The property is zoned M-1 Manufacturing District and benefits from a fee simple ownership structure (land and building). Key tenants have demonstrated long-term commitment, with Dollar Tree recently extending its lease through 2034 and Pet Supplies Plus extending for five years. Over 42% of the gross leasable area is occupied by tenants with over a decade of tenure. The property's strategic location in a dense retail corridor, shadow-anchored by Walmart and Lowe's, ensures high visibility and consistent traffic. An additional outparcel leased to AT&T, situated at a signalized intersection with high daily traffic counts (28,900 vehicles), presents a value-add opportunity for lease renegotiation or re-leasing at market rates. This well-positioned retail center offers significant upside potential for a new owner to capitalize on by leasing the remaining vacancies.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 0.77 ac
- APN
- 102-120-000-001-02
- Assessed value · 2023
- $300,000
- Annual tax · 2022
- $8,097
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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