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    Property profile & analytics

    116 Main St Bellevue, MI 49021-1232

    • Office buildings
    • 1,080 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 12, 2023
    Location Intelligence
    Property ID
    US43-2051374
    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

    • King Insurance / Insurance Agency

    Property Details for 116 Main St

    Lot size
    0.06 lot acres
    Property size
    1,080 SF
    Property type
    Office buildings
    APN
    131 000 048 010 00
    APU
    13100004801000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bellevue
    County
    Eaton
    State
    Michigan
    Longitude
    -85.0178
    Latitude
    42.4443
    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
    2023
    $1,220
    $0.00
    $0.00
    $24,583
    -
    $0.00
    $0.00
    $49,166

    Comparable in this City

    • Value Estimation by Request
      987 SF

      210 Main St

      OFFICE BUILDING • 987 SF
      210 Main St, Bellevue, MI 49021-1250
      View Details
    • Value Estimation by Request
      972 SF

      124 Main St

      OFFICE BUILDING • 972 SF
      124 Main St, Bellevue, MI 49021-1232
      View Details
    • Value Estimation by Request
      576 SF

      113 Main St

      OFFICE BUILDING • 576 SF
      113 Main St, Bellevue, MI 49021-1231
      View Details
    • Value Estimation by Request
      384 SF

      5235 Holmes Rd

      RADIO OR TV STATION • 384 SF
      5235 Holmes Rd, Bellevue, MI 49021-9220
      View Details
    • Value Estimation by Request
      880 SF

      118 Main St

      MEDICAL BUILDING • 880 SF
      118 Main St, Bellevue, MI 49021-1232
      View Details
    • Value Estimation by Request
      3.22 Acres

      Bellevue, MI 49021

      VACANT COMMERCIAL LAND • 3.22 Acres
      Bellevue, MI 49021
      View Details

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    116 Main St
    Bellevue, MI 49021-1232
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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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