$525,000
$130K PRICE INCREASE

1011 E Patrick Rd Midland, MI 48640

Estimated payment $3,360/month

Total Views 41,466
1.3 Acres
$403,846 Price per Acre
56,628 Sq Ft Lot

About This Lot

City of Midland (Center City District) Prime commercial, over 1 acre of development property. Great frontage off Washington St. All utilities are at the street. 1 minute from Dow Chemical! Ready for a strip mall, restaurant, bar, or any commercial business. Huge traffic! 4 parcels of property. Terms Avail! Will build to suit!

Listing Agent

Matthew Rapanos

Ayre Rhinehart Real Estate Partners License #MBR-6501367517 Listed on: 01/29/2024

Ayre Rhinehart Real Estate Partners

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 1.3 Acre Lot
  • 200 Ft Wide Lot
  • Corner Lot
  • Cleared Lot
  • Property is zoned Commercial

Utilities

  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 14-15-40-514

Property Details

Property Type

Land

Est. Annual Taxes

$5,520

Lot Details

0

Listing Details

  • Originating MLS: Midland Board of REALTORS
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Total Tax Amount: 3613.85
  • Mail City: Midland
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 200
  • Frontage Type: Road

Utilities

  • Water: Public Water At Street
  • Sewer/Septic System: Public At Street
  • Fuel On Site: Gas At Street

Condo/Co-op/Association

  • Community Amenities: Sidewalks, Street Lights

Schools

  • School District: Midland Public Schools

Lot Info

  • Assessor Parcel Number: 14-15-40-514
  • Location: Corner Lot, Main Street
  • Acreage: 1.3
  • Lot Description: Cleared
  • Zoning: Commercial
  • Lot Size: Irr

Tax Info

  • Summer Tax: Year: 2023, Amount: $2,505.95
  • Winter Tax: Year: 2023, Amount: $1,107.90
  • Total Tax: Amount: $3,613.85

MLS Schools

  • School District: Midland Public Schools

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,520 $110,100 $0 $0
2024 $3,826 $94,400 $0 $0
2023 $2,506 $81,700 $0 $0
2022 $3,446 $58,900 $0 $0
2021 $3,894 $67,200 $0 $0
2020 $3,907 $67,200 $0 $0
2019 $3,884 $67,200 $67,200 $0
2018 $2,721 $67,200 $67,200 $0
2017 $0 $67,200 $67,200 $0
2012 -- $53,100 $53,100 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2025 01/28/25 Price Changed $525,000 +32.9% --
01/29/2024 01/29/24 For Sale $395,000 -- --
Source: Midland Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $150,000 Credit Line Revolving
Closed $345,000 Credit Line Revolving
Source: Public Records

Source: Midland Board of REALTORS®

MLS Number: 50132285

Midland Board of REALTORS®

APN: 14-15-40-514