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    Property profile & analytics

    116 State St Hastings, MI 49058-1809

    • Retail residential properties
    • 13,032 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    $180,000
    Last Sale
    Apr 18, 2023
    $180,000
    Location Intelligence
    Property ID
    US43-4429093
    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

    • Capture Photography / Photography Service
    • Jami's Craft Supplies / Craft Store
    • Previously Pink Women's Consignment Boutique / Women'S Clothing Store / Consignment Shop

    Property Details for 116 State St

    Year built
    1911
    Lot size
    0.20 lot acres
    Property size
    13,032 SF
    Zone code
    B-1
    Property type
    Retail residential properties
    APN
    08-55-201-130-00
    APU
    85520113000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $195,000

    • CAP approach

      CAP return
      Estimation
      6%
      $140,000
      6.5%
      $155,000
      7%
      $160,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $150,000
      Geo Method
      $135,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $150,000
      Retail
      $170,000
      Mixed-Use
      $160,000
      Hospitality
      $155,000
      Educational
      $150,000
      Residential Income
      $130,000
      Energy
      $155,000
      Income-Based Land
      $130,000
      Food Service
      $160,000

    Location Insight

    • Map
    • Local Demand
    City
    Hastings
    County
    Barry
    State
    Michigan
    Longitude
    -85.2871
    Latitude
    42.6484
    CBSA code
    24340
    CBSA name
    GRAND RAPIDS-WYOMING, 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
    $10,082
    $0.00
    $0.00
    $170,500
    -
    $0.00
    $0.00
    $341,000

    Comparable in this City

    • Value Estimation by Request
      2,592 SF

      118 State St

      STORES & APARTMENTS • 2,592 SF
      118 State St, Hastings, MI 49058-1876
      View Details
    • Value Estimation by Request
      6,224 SF

      136 State St

      STORES & APARTMENTS • 6,224 SF
      136 State St, Hastings, MI 49058-1851
      View Details
    • Value Estimation by Request
      4,656 SF

      111 State St

      STORES & APARTMENTS • 4,656 SF
      111 State St, Hastings, MI 49058-1843
      View Details
    • Value Estimation
      $210,000
      13,992 SF

      107 State St

      STORES & APARTMENTS • 13,992 SF
      107 State St, Hastings, MI 49058-1856
      View Details
    • Value Estimation
      $130,000
      4,788 SF

      124 State St

      STORES & APARTMENTS • 4,788 SF
      124 State St, Hastings, MI 49058-1809
      View Details
    • Value Estimation
      $275,000
      6,200 SF

      103 State St

      STORES & APARTMENTS • 6,200 SF
      103 State St, Hastings, MI 49058-1843
      View Details

    Similar Nearby for Sale

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      9+ acre land parcel, build your dream home!
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      Building sites with access to a 24-acre wildlife preserve.
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    Similar Nearby for Lease

    • New
      $12 SF/Yr
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      Single-story building suitable for professional, medical, retail, or service-based businesses.
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    • $20 SF/Yr
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      Move-in Ready Hastings Office Space

      Furnished office space with high visibility and planned parking.
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    • Contact for pricing
      2,323 SF

      Hastings Retail Space For Lease

      Prime Retail Location, 2323 sq ft.
      1670 M-43, Hastings, MI 49058
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    • $9 SF/Yr
      17,606 SF

      Industrial Space in Downtown Hastings

      Functional industrial space with heavy-duty capabilities in downtown Hastings.
      301 E Center St, Hastings, MI 49058
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    • $14 SF/Yr

      Retail Space with Ample Parking

      Retail space with excellent visibility and ample parking available for lease.
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    • $5 SF/Yr
      45,018 SF

      Hastings Retail Center - 4 Suites Available

      Prime retail space in Hastings, MI. Multiple suites, ample parking.
      800 State St, Hastings, MI 49058
      View Details

    Property Visit Statistics

    • Visits by month
      1.6k
    • Visitors by month
      919
    • Avg Time on site
      43 min
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    Hastings, MI 49058-1809
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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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