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    Property profile & analytics

    111 Main St Ovid, MI 48866-5101

    • Retail space
    • 1,806 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 28, 2023
    Location Intelligence
    Property ID
    US43-2102351
    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 111 Main St

    Year built
    1870
    Lot size
    0.05 lot acres
    Property size
    1,806 SF
    Zone code
    B-1
    Property type
    Retail space
    APN
    580-000-018-011-01
    APU
    58000001801101

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ovid
    County
    Clinton
    State
    Michigan
    Longitude
    -84.3713
    Latitude
    43.005
    CBSA code
    29620
    CBSA name
    LANSING-EAST LANSING, 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
    $1,320
    $1,300
    $42,900
    $44,200
    -
    $2,600
    $85,800
    $88,400

    Comparable in this City

    • Value Estimation by Request
      2,430 SF

      110 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,430 SF
      110 Main St, Ovid, MI 48866-8801
      View Details
    • Value Estimation by Request
      1,870 SF

      125 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,870 SF
      125 Main St, Ovid, MI 48866-5101
      View Details
    • Value Estimation
      $275,000
      2,408 SF

      9800 M 21

      RETAIL STORES (PERSONAL SERVICES) • 2,408 SF
      9800 M 21, Ovid, MI 48866-9628
      View Details
    • Value Estimation by Request
      3,558 SF

      200 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,558 SF
      200 Main St, Ovid, MI 48866-9608
      View Details
    • Value Estimation by Request
      2,025 SF

      126 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,025 SF
      126 Main St, Ovid, MI 48866
      View Details
    • Value Estimation by Request
      1,620 SF

      108 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,620 SF
      108 Main St, Ovid, MI 48866
      View Details

    Similar Nearby for Sale

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      Established Car Wash Business Opportunity

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      3.11 Acres

      Ovid Commercial Land - M-21 Frontage

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    • $110,000
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      Ovid Restaurant with Apartments

      Turnkey Restaurant & Rental Income
      121 Main St, Ovid, MI 48866
      View Details
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    111 Main St
    Ovid, MI 48866-5101
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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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