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    Property profile & analytics

    113 Michigan Ave Albion, MI 49224-1735

    • Turn key restaurants
    • 560 SF
    • 0.01 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 27, 2024
    $130,000
    Location Intelligence
    Property ID
    US43-2286925
    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

    • Turn key restaurants

    Property Details for 113 Michigan Ave

    Year built
    1930
    Lot size
    0.01 lot acres
    Property size
    560 SF
    Zone code
    MU
    Property type
    Turn key restaurants
    APN
    51-000-408-00
    APU
    5100040800

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albion
    County
    Calhoun
    State
    Michigan
    Longitude
    -84.752
    Latitude
    42.247
    CBSA code
    12980
    CBSA name
    BATTLE CREEK, 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
    $267
    $0.00
    $0.00
    $14,000
    -
    $0.00
    $0.00
    $28,000

    Comparable in this City

    • Value Estimation by Request
      1,626 SF

      114 Superior St

      RESTAURANT • 1,626 SF
      114 Superior St, Albion, MI 49224-1749
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    • Value Estimation by Request
      3,981 SF

      200 B N Dr

      RESTAURANT • 3,981 SF
      200 B N Dr, Albion, MI 49224-8427
      View Details
    • Value Estimation by Request
      3,732 SF

      116 Superior St

      RESTAURANT • 3,732 SF
      116 Superior St, Albion, MI 49224-1749
      View Details
    • Value Estimation by Request
      2,532 SF

      205 Superior St

      RESTAURANT • 2,532 SF
      205 Superior St, Albion, MI 49224-1744
      View Details
    • Value Estimation by Request
      1,338 SF

      105 Porter St

      RESTAURANT • 1,338 SF
      105 Porter St, Albion, MI 49224-1758
      View Details
    • Value Estimation by Request
      3,400 SF

      1510 Eaton St

      RESTAURANT • 3,400 SF
      1510 Eaton St, Albion, MI 49224-8415
      View Details

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      0.13 Acres

      Vacant Buildable Lot in Albion

      Vacant lot available for development in Albion, Michigan.
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      Albion Corner Lot Opportunity

      Buildable corner lot available through Calhoun County Land Bank program.
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    Similar Nearby for Lease

    • $21 SF/Yr
      4,400 SF

      Albion Medical Office Building

      Single-tenant medical office, Albion, MI
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    • $7 SF/Yr
      10,400 SF

      Albion Industrial Space For Lease

      10,400 SF industrial space on 22.85 acres available.
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      View Details
    • $7 SF/Yr
      10,400 SF

      Versatile Industrial Property in Albion

      Industrial property with flexible leasing options on 22 acres.
      15620 W Michigan Ave, Albion, MI 49224
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    Property Visit Statistics

    • Visits by month
      7.1k
    • Visitors by month
      4.9k
    • Avg Time on site
      8 min
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    113 Michigan Ave
    Albion, MI 49224-1735
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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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