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    Property profile & analytics

    972 Prosper Rd Falmouth, MI 49632-9549

    • Commercial real estate
    • 0.95 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-3091434
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 972 Prosper Rd

    Lot size
    0.95 lot acres
    Property type
    Commercial real estate
    APN
    005-006-036-65
    APU
    500603665

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Falmouth
    County
    Missaukee
    State
    Michigan
    Longitude
    -85.0741
    Latitude
    44.2433
    CBSA code
    15620
    CBSA name
    CADILLAC, MI MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $565
    $6,300
    $10,900
    $17,200
    -
    $12,600
    $21,800
    $34,400

    Comparable in this City

    • Value Estimation by Request
      0.05 Acres

      317 Prosper Rd

      COMMERCIAL (GENERAL) • 0.05 Acres
      317 Prosper Rd, Falmouth, MI 49632-9528
      View Details
    • Value Estimation by Request
      0.08 Acres

      Falmouth, MI 49632

      COMMERCIAL (GENERAL) • 0.08 Acres
      Falmouth, MI 49632
      View Details
    • Value Estimation by Request

      6617 Cedar St

      COMMERCIAL (GENERAL)
      6617 Cedar St, Falmouth, MI 49632-5106
      View Details
    • Value Estimation by Request
      3.62 Acres

      1975 Prosper Rd

      COMMERCIAL (GENERAL) • 3.62 Acres
      1975 Prosper Rd, Falmouth, MI 49632-9782
      View Details
    • Value Estimation
      $270,000
      1.25 Acres

      292 Falmouth Rd

      COMMERCIAL (GENERAL) • 1.25 Acres
      292 Falmouth Rd, Falmouth, MI 49632-8701
      View Details
    • Value Estimation
      $445,000
      621 SF

      260 Prosper Rd

      COMMERCIAL (GENERAL) • 621 SF
      260 Prosper Rd, Falmouth, MI 49632-9523
      View Details

    Similar Nearby for Sale

    • $165,000
      Pending

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      Recreational land with camping cabins, river frontage, and abundant wildlife.
      9 Mile Rd, Falmouth, MI 49632
      View Details
    • $45,000
      10.00 Acres

      Falmouth Buildable Wooded Acres

      10 wooded acres backing to state land, ideal hunting spot.
      23 Blue Springs Trl, Falmouth, MI 49632
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    • $45,000
      10.00 Acres

      Buildable Wooded Acres Backing State

      Ten-acre wooded property suitable for building or hunting.
      23 Blue Springs Trl, Falmouth, MI 49632
      View Details
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    972 Prosper Rd
    Falmouth, MI 49632-9549
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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