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    Property profile & analytics

    116 Main Perry, MI 48872-5103

    • Retail space
    • 5,872 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-2476411
    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 116 Main

    Year built
    1940
    Lot size
    0.13 lot acres
    Property size
    5,872 SF
    Property type
    Retail space
    APN
    024-40-003-010
    APU
    2440003010

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Perry
    County
    Shiawassee
    State
    Michigan
    Longitude
    -84.2188
    Latitude
    42.8255
    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
    2024
    $2,914
    $0.00
    $0.00
    $56,600
    -
    $0.00
    $0.00
    $113,200

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      3064 Britton Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      3064 Britton Rd, Perry, MI 48872-8743
      View Details
    • Value Estimation by Request
      3,715 SF

      625 Main

      RETAIL STORES (PERSONAL SERVICES) • 3,715 SF
      625 Main, Perry, MI 48872-9704
      View Details
    • Value Estimation
      $450,000
      24,658 SF

      520 Main

      RETAIL STORES (PERSONAL SERVICES) • 24,658 SF
      520 Main, Perry, MI 48872-9703
      View Details
    • Value Estimation
      $50,000
      1,100 SF

      113 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,100 SF
      113 Main St, Perry, MI 48872
      View Details
    • Value Estimation by Request
      3,200 SF

      2890 Lansing Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,200 SF
      2890 Lansing Rd, Perry, MI 48872-9601
      View Details
    • Value Estimation by Request
      3,564 SF

      101 Main, Unit 107

      RETAIL STORES (PERSONAL SERVICES) • 3,564 SF
      101 Main, Perry, MI 48872-5103
      View Details

    Similar Nearby for Sale

    • $1,300,000
      3.80 Acres

      Stash-It-Storage: Perry, MI

      High-Yield Self Storage Investment
      2564 Britton Rd, Perry, MI 48872
      View Details
    • $79,900

      Development Land Near I-69

      Prime land for development near schools and highway interchange.
      Lansing Rd, Perry, MI 48872
      View Details
    • $380,000
      25.00 Acres

      Lansing Rd

      Land • 25.00 Acres
      0 Lansing Rd, Morrice, MI 48872
      View Details
    • Contact for pricing
      Pending

      Land in Perry, Michigan

      One-acre residential land for sale, located near Eastside Pond.
      M-52, Perry, MI 48872
      View Details
    • $349,000
      1.44 Acres

      I-69 & M-52 Commercial Land

      High-traffic Perry, MI commercial lot.
      I-69 And M-52, Perry, MI 48872
      View Details
    • Contact for pricing
      44.00 Acres

      Prime Perry Land - I-69 Access

      44 Acres, Multi-Use Potential, Owner Will Split
      2492 Britton Rd, Perry, MI 48872
      View Details
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    116 Main
    Perry, MI 48872-5103
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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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