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    Property profile & analytics

    1069 126th Ave Shelbyville, MI 49344-9521

    • Turn key restaurants
    • 3,915 SF
    • 6.50 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 11, 2023
    $12,000
    Location Intelligence
    Property ID
    US43-3909257
    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

    • Vann's Valley Event Center / Wedding Venue / Event Venue
    • Stokes Company / Mechanical Plant

    Property Details for 1069 126th Ave

    Lot size
    6.50 lot acres
    Property size
    3,915 SF
    Property type
    Turn key restaurants
    APN
    24-030-019-20
    APU
    2403001920

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shelbyville
    County
    Allegan
    State
    Michigan
    Longitude
    -85.6476
    Latitude
    42.6094
    CBSA code
    26090
    CBSA name
    HOLLAND, MI MICROPOLITAN 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
    2023
    $4,303
    $46,500
    $62,200
    $108,700
    -
    $93,000
    $124,400
    $217,400

    Comparable in this City

    • Value Estimation by Request
      1,582 SF

      11798 9th Mile Rd

      RESTAURANT • 1,582 SF
      11798 9th Mile Rd, Shelbyville, MI 49344-9601
      View Details
    • Value Estimation
      $230,000
      2,296 SF

      2402 10th St

      BAR, TAVERN • 2,296 SF
      2402 10th St, Shelbyville, MI 49344-9530
      View Details
    • Value Estimation
      $395,000
      2,304 SF

      Patterson Rd

      AUTO REPAIR, GARAGE • 2,304 SF
      Patterson Rd, Shelbyville, MI 49344
      View Details
    • Value Estimation
      $525,000
      9,180 SF

      116 124th Ave

      RETAIL STORES (PERSONAL SERVICES) • 9,180 SF
      116 124th Ave, Shelbyville, MI 49344-9766
      View Details
    • Value Estimation
      $275,000
      4,176 SF

      111 124th Ave

      STORE, RETAIL OUTLET • 4,176 SF
      111 124th Ave, Shelbyville, MI 49344-9759
      View Details
    • Value Estimation by Request
      6,500 SF

      1150 129th Ave

      CONVENIENCE STORE • 6,500 SF
      1150 129th Ave, Shelbyville, MI 49344-9577
      View Details

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      Prime Land Near Gun Lake

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    1069 126th Ave
    Shelbyville, MI 49344-9521
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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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