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    Property profile & analytics

    10021 Michigan Ave Parma, MI 49269-9824

    • Bars
    • 2,887 SF
    • 1.06 lot acres
    OFF-MARKET
    Value Estimation
    $85,000
    Last Sale
    Oct 09, 2023
    $72,000
    Location Intelligence
    Property ID
    US43-1698372
    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

    • Bars

    Property Details for 10021 Michigan Ave

    Lot size
    1.06 lot acres
    Property size
    2,887 SF
    Zone code
    C-2 GEN
    Property type
    Bars
    Property subtype
    Pubs
    APN
    000-07-31-276-002-00
    APU
    73127600200

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Parma
    County
    Jackson
    State
    Michigan
    Longitude
    -84.584
    Latitude
    42.2568
    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
    $2,012
    $0.00
    $0.00
    $40,700
    -
    $0.00
    $0.00
    $81,400

    Comparable in this City

    • Value Estimation by Request
      2,839 SF

      10962 Michigan Ave

      RESTAURANT • 2,839 SF
      10962 Michigan Ave, Parma, MI 49269-9442
      View Details
    • Value Estimation by Request
      1,828 SF

      100 Elizabeth St

      RESTAURANT • 1,828 SF
      100 Elizabeth St, Parma, MI 49269
      View Details
    • Value Estimation by Request
      896 SF

      10813 Michigan Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 896 SF
      10813 Michigan Ave, Parma, MI 49269-9834
      View Details
    • Value Estimation by Request
      5,480 SF

      2428 Dearing Rd

      CONVENIENCE STORE • 5,480 SF
      2428 Dearing Rd, Parma, MI 49269-9415
      View Details
    • Value Estimation by Request
      1,679 SF

      10758 Michigan Ave

      GROCERY, SUPERMARKET • 1,679 SF
      10758 Michigan Ave, Parma, MI 49269-9830
      View Details
    • Value Estimation
      $355,000
      2,784 SF

      12250 Michigan Ave

      CONVENIENCE STORE • 2,784 SF
      12250 Michigan Ave, Parma, MI 49269-9575
      View Details

    Similar Nearby for Sale

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      Retail property for sale in Parma, Michigan.
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      Prime Land Near I-94 Access

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    • $1,250,000
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      Land For Sale in Parma

      13.7 acre land parcel available in Parma, Michigan.
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      Parma, MI Commercial Land

      3-acre commercial land available in Parma, Michigan.
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    Similar Nearby for Lease

    • $14 SF/Yr
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      Office Space in Parma, MI

      Office space available for lease in Parma, Michigan.
      415 N Parma Rd, Parma, MI 49269
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    • $14 SF/Yr
      1,925 SF

      Remodeled Office Space with Yard

      Completely remodeled 1600 sq ft office space with fenced yard.
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      View Details
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    10021 Michigan Ave
    Parma, MI 49269-9824
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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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