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    Property profile & analytics

    100 Main St Munith, MI 49259

    • Grocery and convenience stores
    • 1,176 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Last Sale
    Apr 13, 2022
    Location Intelligence
    Property ID
    US43-1470229
    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

    • Grocery and convenience stores

    Property Details for 100 Main St

    Lot size
    0.10 lot acres
    Property size
    1,176 SF
    Zone code
    COM DIS
    Property type
    Grocery and convenience stores
    APN
    088-04-13-234-005-00
    APU
    88041323400500

    Description

    This exceptional industrial property, located at 100 N Main Street in Munith, Michigan, presents a unique investment opportunity. The 1,500 square foot building, formerly the Munith Market, sits on a 0.22-acre lot and offers significant potential for redevelopment or repurposing. Its strategic location benefits from proximity to the bustling M-106 highway, ensuring excellent accessibility and visibility. A key advantage is the property's adjacency to the popular 34-mile Rail-Trail, which opened in 1994 and has since become a significant draw for local businesses and tourism. The trail's resurgence has revitalized the area, mirroring the historical impact of the Grand Trunk Railroad in 1884. This sale is particularly attractive due to the inclusion of two adjacent parcels, identified as ID #088-04-13-234-004-00 and ID #088-04-13-234-006-00, expanding the overall property size and development possibilities. The property is priced at $110,000 and is ready for an ambitious buyer to transform it into a thriving enterprise. This is a chance to capitalize on a prime location with a rich history and a bright future.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $345,000
      6.5%
      $350,000
      7%
      $355,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $365,000
      Geo Method
      $315,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $335,000
      Retail
      $330,000
      Mixed-Use
      $320,000
      Hospitality
      $350,000
      Educational
      $375,000
      Residential Income
      $285,000
      Energy
      $270,000
      Income-Based Land
      $360,000
      Food Service
      $285,000

    Location Insight

    • Map
    • Local Demand
    City
    Munith
    County
    Jackson
    State
    Michigan
    Longitude
    -84.2508
    Latitude
    42.3909
    CBSA code
    27100
    CBSA name
    JACKSON, MI METROPOLITAN 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
    $2,095
    $0.00
    $53,300
    $53,300
    -
    $0.00
    $106,600
    $106,600

    Comparable in this City

    • Value Estimation by Request
      5,237 SF

      329 Main St

      GROCERY, SUPERMARKET • 5,237 SF
      329 Main St, Munith, MI 49259-9637
      View Details
    • Value Estimation by Request
      10,304 SF

      9053 Plum Orch Rd

      RETAIL STORES (PERSONAL SERVICES) • 10,304 SF
      9053 Plum Orch Rd, Munith, MI 49259-9805
      View Details
    • Value Estimation by Request
      3,903 SF

      201 Main St

      FINANCIAL BUILDING • 3,903 SF
      201 Main St, Munith, MI 49259-9636
      View Details
    • Value Estimation by Request
      720 SF

      9008 Plum Orch Rd

      RETAIL STORES (PERSONAL SERVICES) • 720 SF
      9008 Plum Orch Rd, Munith, MI 49259-9805
      View Details
    • Value Estimation
      $105,000
      4,630 SF

      9004 Plum Orch Rd

      RESTAURANT • 4,630 SF
      9004 Plum Orch Rd, Munith, MI 49259-9805
      View Details
    • Value Estimation by Request
      2,730 SF

      8987 Plum Orch Rd

      RESTAURANT • 2,730 SF
      8987 Plum Orch Rd, Munith, MI 49259-9745
      View Details
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    100 Main St
    Munith, MI 49259
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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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