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    Property profile & analytics

    102 3rd St Sand Lake, MI 49343

    • Medical offices
    • 2,420 SF
    • 0.36 lot acres
    OFF-MARKET
    Value Estimation
    $65,000
    Last Sale
    Apr 28, 2022
    $85,000
    Location Intelligence
    Property ID
    US43-1984469
    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

    • Isalis / Gift Shop / Boutique
    • Party City / Party Store / Balloon Store
    • Skunk Funk / Wholesaler / Clothing Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

    Property Details for 102 3rd St

    Year built
    1983
    Lot size
    0.36 lot acres
    Property size
    2,420 SF
    Zone code
    V-B-1
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    41-03-05-241-010
    APU
    410305241010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $70,000

    • CAP approach

      CAP return
      Estimation
      6%
      $45,000
      6.5%
      $50,000
      7%
      $50,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $50,000
      Geo Method
      $55,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $50,000
      Retail
      $40,000
      Mixed-Use
      $40,000
      Hospitality
      $40,000
      Educational
      $55,000
      Residential Income
      $50,000
      Energy
      $50,000
      Income-Based Land
      $55,000
      Food Service
      $40,000

    Location Insight

    • Map
    • Local Demand
    City
    Sand Lake
    County
    Kent
    State
    Michigan
    Longitude
    -85.5127
    Latitude
    43.2938
    CBSA code
    24340
    CBSA name
    GRAND RAPIDS-WYOMING, 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
    2019
    $1,752
    $0.00
    $0.00
    $66,000
    -
    $0.00
    $0.00
    $132,000

    Comparable in this City

    • Value Estimation by Request
      650 SF

      9 Lk St

      OFFICE BUILDING • 650 SF
      9 Lk St, Sand Lake, MI 49343-5107
      View Details
    • Value Estimation
      $155,000
      4,354 SF

      7 Oak St

      OFFICE BUILDING • 4,354 SF
      7 Oak St, Sand Lake, MI 49343-9554
      View Details
    • Value Estimation by Request

      17550 Northland Dr

      COMMERCIAL (GENERAL)
      17550 Northland Dr, Sand Lake, MI 49343-9401
      View Details
    • Value Estimation by Request
      5,054 SF

      220 3rd St

      COMMERCIAL (GENERAL) • 5,054 SF
      220 3rd St, Sand Lake, MI 49343-9203
      View Details
    • Value Estimation by Request
      4,256 SF

      13330 Cypress Ave

      AUTO REPAIR, GARAGE • 4,256 SF
      13330 Cypress Ave, Sand Lake, MI 49343-9010
      View Details
    • Value Estimation by Request
      3,914 SF

      42 Lk St

      BAR, TAVERN • 3,914 SF
      42 Lk St, Sand Lake, MI 49343-5107
      View Details

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    102 3rd St
    Sand Lake, MI 49343
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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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