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    Property profile & analytics

    117 Main St Westphalia, MI 48894-9838

    • Turn key restaurants
    • 1,073 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 30, 2023
    Location Intelligence
    Property ID
    US43-4678506
    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

    • Pirate's Pub / Bar & Grill

    Property Details for 117 Main St

    Lot size
    0.06 lot acres
    Property size
    1,073 SF
    Zone code
    B-1
    Property type
    Turn key restaurants
    APN
    161-000-001-006-01
    APU
    16100000100601

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Westphalia
    County
    Clinton
    State
    Michigan
    Longitude
    -84.8001
    Latitude
    42.9292
    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
    2022
    $1,350
    $2,400
    $35,900
    $38,300
    -
    $4,800
    $71,800
    $76,600

    Comparable in this City

    • Value Estimation by Request
      2,700 SF

      103 Main St

      RESTAURANT • 2,700 SF
      103 Main St, Westphalia, MI 48894-9838
      View Details
    • Value Estimation
      $345,000
      2,870 SF

      101 Westphalia St

      BAR, TAVERN • 2,870 SF
      101 Westphalia St, Westphalia, MI 48894-5111
      View Details
    • Value Estimation
      $255,000
      8,400 SF

      401 Main St

      AUTO REPAIR, GARAGE • 8,400 SF
      401 Main St, Westphalia, MI 48894-9621
      View Details
    • Value Estimation
      $355,000
      1,703 SF

      305 Westphalia St

      GROCERY, SUPERMARKET • 1,703 SF
      305 Westphalia St, Westphalia, MI 48894-9840
      View Details
    • Value Estimation by Request
      784 SF

      114 Main St

      RETAIL STORES (PERSONAL SERVICES) • 784 SF
      114 Main St, Westphalia, MI 48894-9837
      View Details
    • Value Estimation by Request
      3,299 SF

      113 Main St

      GROCERY, SUPERMARKET • 3,299 SF
      113 Main St, Westphalia, MI 48894-9838
      View Details
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    117 Main St
    Westphalia, MI 48894-9838
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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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