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    Property profile & analytics

    101 Main St Concord, MI 49237

    • Retail space
    • 4,716 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Location Intelligence
    Property ID
    US43-1258748
    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

    • Retail space

    Property Details for 101 Main St

    Lot size
    0.34 lot acres
    Property size
    4,716 SF
    Zone code
    HIGHCOM
    Property type
    Retail space
    APN
    001-11-27-151-014-00
    APU
    1112715101400

    Description

    This meticulously restored 1900 bank building, situated on a 0.51-acre lot in Concord, MI, presents a unique opportunity for a variety of businesses. Boasting 5,245 square feet of versatile space, this property offers a blend of historical charm and modern functionality. Located conveniently off I-94, halfway between Kalamazoo and Ann Arbor, the building enjoys high visibility with frontage on both Main Street and Hanover Street. Exterior murals by Melissa Morse add to its artistic appeal. The interior features a spacious office area, two bathrooms, and a substantial shop area equipped with three mechanics' pits and two overhead doors. A convenient elevator provides access to the basement. Ample parking is available, including private parking within a gated area, in addition to street parking. The building's rich history, encompassing both banking and automotive uses, provides a captivating backdrop for a new chapter. This property is ideal for a brewery, distillery, boutique, salon, art studio, mechanic's shop, hobby space, event venue, or any business seeking a distinctive and memorable location. The combination of historical significance, prime location, and versatile space makes this a truly exceptional opportunity.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $385,000
      6.5%
      $420,000
      7%
      $385,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $350,000
      Geo Method
      $440,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $380,000
      Retail
      $375,000
      Mixed-Use
      $390,000
      Hospitality
      $350,000
      Educational
      $425,000
      Residential Income
      $435,000
      Energy
      $400,000
      Income-Based Land
      $440,000
      Food Service
      $390,000

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Jackson
    State
    Michigan
    Longitude
    -84.6462
    Latitude
    42.1808
    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
    $2,281
    $75,800
    $0.00
    $75,800
    -
    $151,600
    $0.00
    $151,600

    Comparable in this City

    • Value Estimation by Request
      1,344 SF

      6940 Pulaski Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,344 SF
      6940 Pulaski Rd, Concord, MI 49237-9738
      View Details
    • Value Estimation
      $520,000
      9,100 SF

      136 Main St

      RETAIL STORES (PERSONAL SERVICES) • 9,100 SF
      136 Main St, Concord, MI 49237-9647
      View Details
    • Value Estimation by Request
      548 SF

      114 Main St

      RETAIL STORES (PERSONAL SERVICES) • 548 SF
      114 Main St, Concord, MI 49237-9647
      View Details
    • Value Estimation by Request
      13,251 SF

      119 Main St

      RETAIL STORES (PERSONAL SERVICES) • 13,251 SF
      119 Main St, Concord, MI 49237-9647
      View Details
    • Value Estimation by Request
      960 SF

      189 Jackson

      RETAIL STORES (PERSONAL SERVICES) • 960 SF
      189 Jackson, Concord, MI 49237
      View Details
    • Value Estimation by Request
      9,433 SF

      203 Main St

      RETAIL STORES (PERSONAL SERVICES) • 9,433 SF
      203 Main St, Concord, MI 49237-9655
      View Details

    Similar Nearby for Sale

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      Concord Commercial Building - Prime Location

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    101 Main St
    Concord, MI 49237
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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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