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    Property profile & analytics

    116 Saline St Petersburg, MI 49270-8301

    • Bars
    • 2,964 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-0033809
    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

    • Anchest Auto Glass of Dundee / Auto Repair Shop

    Property Details for 116 Saline St

    Year built
    1889
    Lot size
    0.12 lot acres
    Property size
    2,964 SF
    Zone code
    R1
    Property type
    Bars
    Property subtype
    Pubs
    APN
    57-025-121-00
    APU
    5702512100

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Petersburg
    County
    Monroe
    State
    Michigan
    Longitude
    -83.7152
    Latitude
    41.9009
    CBSA code
    33780
    CBSA name
    MONROE, 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
    $2,257
    $0.00
    $0.00
    $40,100
    -
    $0.00
    $0.00
    $80,200

    Comparable in this City

    • Value Estimation
      $205,000
      4,548 SF

      46 Ctr St

      BAR, TAVERN • 4,548 SF
      46 Ctr St, Petersburg, MI 49270-2500
      View Details
    • Value Estimation
      $145,000
      2,200 SF

      16015 Ida W Rd

      RESTAURANT • 2,200 SF
      16015 Ida W Rd, Petersburg, MI 49270-8400
      View Details
    • Value Estimation by Request
      1,996 SF

      36 Saline St

      RESTAURANT • 1,996 SF
      36 Saline St, Petersburg, MI 49270-8300
      View Details
    • Value Estimation by Request
      1,457 SF

      2965 Haines Rd

      RESTAURANT • 1,457 SF
      2965 Haines Rd, Petersburg, MI 49270-9523
      View Details
    • Value Estimation
      $405,000
      2,162 SF

      640 Saline St

      GROCERY, SUPERMARKET • 2,162 SF
      640 Saline St, Petersburg, MI 49270-9301
      View Details
    • Value Estimation by Request
      1,750 SF

      12958 Ida W Rd

      GROCERY, SUPERMARKET • 1,750 SF
      12958 Ida W Rd, Petersburg, MI 49270-9580
      View Details

    Similar Nearby for Sale

    • $240,000

      Remodeled Restaurant in Petersburg

      Turn-key restaurant ready for immediate operation in downtown Petersburg.
      36 Saline St, Petersburg, MI 49270
      View Details
    • $165,000

      Commercial Brick Building on Corner

      Commercial brick building with land contract and endless possibilities.
      64 Saline St, Petersburg, MI 49270
      View Details
    • $39,900
      1.00 Acre

      One-Acre Lot in Petersburg, MI

      One-acre residential lot in Ida Public School District.
      Ida West Rd West, Petersburg, MI 49270
      View Details
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    116 Saline St
    Petersburg, MI 49270-8301
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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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