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    Property profile & analytics

    11172 Michigan Ave Parma, MI 49269-9368

    • Office buildings
    • 2,608 SF
    • 3.50 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-0912551
    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

    • Office buildings

    Property Details for 11172 Michigan Ave

    Year built
    1967
    Lot size
    3.50 lot acres
    Property size
    2,608 SF
    Zone code
    AG 1
    Property type
    Office buildings
    APN
    000-06-25-451-009-00
    APU
    62545100900

    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
    -84.6072
    Latitude
    42.2619
    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
    $1,690
    $0.00
    $104,400
    $104,400
    -
    $0.00
    $208,800
    $208,800

    Comparable in this City

    • Value Estimation by Request
      1,600 SF

      117 Main St

      OFFICE BUILDING • 1,600 SF
      117 Main St, Parma, MI 49269-8904
      View Details
    • Value Estimation by Request
      878 SF

      109 Main St

      OFFICE BUILDING • 878 SF
      109 Main St, Parma, MI 49269-8904
      View Details
    • Value Estimation by Request
      2,844 SF

      11970 Devereaux Rd

      OFFICE BUILDING • 2,844 SF
      11970 Devereaux Rd, Parma, MI 49269-9685
      View Details
    • Value Estimation by Request
      1,925 SF

      415 Un St

      OFFICE BUILDING • 1,925 SF
      415 Un St, Parma, MI 49269-9562
      View Details
    • Value Estimation by Request
      1,855 SF

      122 Un St

      OFFICE BUILDING • 1,855 SF
      122 Un St, Parma, MI 49269-9201
      View Details
    • Value Estimation by Request
      1.40 Acres

      Railroad St

      INDUSTRIAL - VACANT LAND • 1.40 Acres
      Railroad St, Parma, MI 49269
      View Details

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    11172 Michigan Ave
    Parma, MI 49269-9368
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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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