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    Property profile & analytics

    Mertz Caro, MI 48723

    • Commercial land
    • 41.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-2333980
    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 land

    Property Details for Mertz

    Lot size
    41.00 lot acres
    Property type
    Commercial land
    APN
    013-002-300-0300-00
    APU
    13002300030000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Caro
    County
    Tuscola
    State
    Michigan
    Longitude
    -83.3858
    Latitude
    43.4867

    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
    2020
    $139
    $0.00
    $0.00
    $52,300
    -
    $0.00
    $0.00
    $104,600

    Comparable in this City

    • Value Estimation by Request

      700 State St

      VACANT COMMERCIAL LAND
      700 State St, Caro, MI 48723-1546
      View Details
    • Value Estimation by Request

      1799 Sunset Dr

      VACANT COMMERCIAL LAND
      1799 Sunset Dr, Caro, MI 48723-9300
      View Details
    • Value Estimation by Request

      1028 Tower St

      VACANT COMMERCIAL LAND
      1028 Tower St, Caro, MI 48723-1023
      View Details
    • Value Estimation by Request
      10.35 Acres

      Caro At Dixon Rd

      VACANT COMMERCIAL LAND • 10.35 Acres
      Caro At Dixon Rd, Caro, MI 48723
      View Details
    • Value Estimation by Request

      Caro

      VACANT COMMERCIAL LAND
      Caro, Caro, MI 48723
      View Details
    • Value Estimation by Request
      1.50 Acres

      1150 Caro Rd

      VACANT COMMERCIAL LAND • 1.50 Acres
      1150 Caro Rd, Caro, MI 48723-1206
      View Details

    Similar Nearby for Sale

    • $299,900

      Land For Sale

      Land available for purchase.
      3473 Mertz Rd, Caro, MI 48723
      View Details
    • $249,900

      Commercial Land for Sale

      Commercial land available for sale.
      120 W Adams St, Caro, MI 48723
      View Details
    • $299,000
      4.67 Acres

      Versatile Mixed-Use Property in Caro

      5-acre property with a building, apartment, and storage barn.
      4027 W Caro Rd, Caro, MI 48723
      View Details
    • $1,280,000

      Commercial Land for Sale

      Commercial land available for sale.
      103 N Almer St, Caro, MI 48723
      View Details
    • $74,900
      3.06 Acres

      Prime Caro Commercial Land

      3.06 Acres, Excellent Location
      M-81 And Dixon Rd, Caro, MI 48723
      View Details
    • $139,900
      Pending

      34+ Acres Hunting/Recreational Land

      34+ acres of wooded hunting/recreational land with creek frontage.
      E Dayton Rd, Caro, MI 48723
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Land in Sugarcreek Plaza

      Land with excellent visibility and strong national tenants.
      1302 Cameron Rd, Caro, MI 48723
      View Details
    • $1,500 /Mo
      1,921 SF

      Office Space in Brick Building

      Second-floor office spaces available in Caro, Michigan.
      1111 W Caro Rd, Caro, MI 48723
      View Details
    • $16 SF/Yr
      1,917 SF

      Second Floor Office Space

      Office space in newly built medical center near McLaren Hospital.
      1800 W Caro Rd, Caro, MI 48723
      View Details
    • $2,475 /Mo

      Versatile Commercial Space in Caro

      2,700 SF office/retail space with secure entry.
      150 Millwood St, Caro, MI 48723
      View Details
    • Contact for pricing
      16,351 SF

      Retail Space in Sugarcreek Plaza

      Retail space available in a well-located shopping center.
      1253 E Caro Rd, Caro, MI 48723
      View Details
    • Contact for pricing
      1,280 SF

      Retail Space on Caro Road

      Retail space available in dominant multi-tenant shopping center.
      1534-1560 W Caro Rd, Caro, MI 48723
      View Details
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    Mertz
    Caro, MI 48723
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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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