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    Property profile & analytics

    11741 Leonard Nunica, MI 49448-9434

    • Turn key restaurants
    • 18,812 SF
    • 142.20 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-2309726
    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

    • Turn key restaurants

    Property Details for 11741 Leonard

    Year built
    1988
    Lot size
    142.20 lot acres
    Property size
    18,812 SF
    Property type
    Turn key restaurants
    APN
    70-04-22-100-005
    APU
    700422100005

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Nunica
    County
    Ottawa
    State
    Michigan
    Longitude
    -86.0781
    Latitude
    43.0695
    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
    2022
    $29,662
    $0.00
    $0.00
    $739,200
    -
    $0.00
    $0.00
    $1,478,400

    Comparable in this City

    • Value Estimation by Request
      2,560 SF

      11139 Cleveland St

      RESTAURANT • 2,560 SF
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      3,667 SF

      17044 Main St

      BAR, TAVERN • 3,667 SF
      17044 Main St, Nunica, MI 49448-9342
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    • Value Estimation by Request
      14,798 SF

      12257 Cleveland St

      AUTO REPAIR, GARAGE • 14,798 SF
      12257 Cleveland St, Nunica, MI 49448-9642
      View Details
    • Value Estimation by Request
      4,800 SF

      16950 144th Ave

      AUTO REPAIR, GARAGE • 4,800 SF
      16950 144th Ave, Nunica, MI 49448-9667
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    • Value Estimation by Request
      2,488 SF

      11378 Apple Dr

      AUTO REPAIR, GARAGE • 2,488 SF
      11378 Apple Dr, Nunica, MI 49448-9346
      View Details
    • Value Estimation by Request
      660 SF

      11340 Apple Dr

      RESIDENTIAL PARKING GARAGE • 660 SF
      11340 Apple Dr, Nunica, MI 49448-9346
      View Details

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    11741 Leonard
    Nunica, MI 49448-9434
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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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