Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    121 Drake St Grass Lake, MI 49240-8302

    • Warehouses
    • 3,170 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-1300512
    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

    • Warehouses

    Property Details for 121 Drake St

    Year built
    1938
    Lot size
    0.23 lot acres
    Property size
    3,170 SF
    Zone code
    LI- LM
    Property type
    Warehouses
    APN
    017-10-32-482-005-00
    APU
    17103248200500

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grass Lake
    County
    Jackson
    State
    Michigan
    Longitude
    -84.2116
    Latitude
    42.2509
    CBSA code
    27100
    CBSA name
    JACKSON, 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
    $1,037
    $0.00
    $0.00
    $35,100
    -
    $0.00
    $0.00
    $70,200

    Comparable in this City

    • Value Estimation
      $150,000
      30,560 SF

      242 Burtch Rd

      WAREHOUSE, STORAGE • 30,560 SF
      242 Burtch Rd, Grass Lake, MI 49240-9302
      View Details
    • Value Estimation by Request
      27,868 SF

      308 Lk St

      WAREHOUSE, STORAGE • 27,868 SF
      308 Lk St, Grass Lake, MI 49240-8901
      View Details
    • Value Estimation by Request
      12,000 SF

      11581 Morrissey Rd

      WAREHOUSE, STORAGE • 12,000 SF
      11581 Morrissey Rd, Grass Lake, MI 49240-9261
      View Details
    • Value Estimation by Request
      5,496 SF

      15075 Gorton Rd

      WAREHOUSE, STORAGE • 5,496 SF
      15075 Gorton Rd, Grass Lake, MI 49240-9167
      View Details
    • Value Estimation by Request
      14,000 SF

      200 Burtch Rd

      MINI-WAREHOUSE, STORAGE • 14,000 SF
      200 Burtch Rd, Grass Lake, MI 49240
      View Details
    • Value Estimation by Request
      1.37 Acres

      Morrissey Rd

      Land • 1.37 Acres
      0 Morrissey Rd, Grass Lake, MI 49240
      View Details

    Similar Nearby for Sale

    • $390,000
      1.37 Acres

      Grass Lake Industrial Land

      Prime Industrial Land, I-94 Access
      0 Morrissey Rd, Grass Lake, MI 49240
      View Details
    • $150,000
      3.23 Acres

      Scenic Land in Grass Lake

      Gently rolling 3.23-acre parcel near Waterloo-Pinckney Recreation Area.
      unit Parcel C Seymour Rd, Grass Lake, MI 49240
      View Details
    • $150,000
      10.00 Acres

      Land For Sale Grass Lake

      10 acre land parcel available in Grass Lake, Michigan.
      Lot L Willis Rd, Grass Lake, MI 49240
      View Details
    • $315,000
      34.75 Acres

      34.75 Acres Agricultural Land

      34.75 acre agricultural land for sale in Grass Lake.
      34.75 Washburn Rd, Grass Lake, MI 49240
      View Details
    • $180,000
      2.00 Acres

      Two Acre Lot Ready to Build

      Two-acre lot with utilities in Grass Lake, Michigan.
      6500 Welch Lake Rd, Grass Lake, MI 49240
      View Details
    • $249,900
      12.10 Acres

      Commercially Zoned Land Near Grass Lake

      12.1 acres of commercially zoned land near Grass Lake, Michigan.
      E Michigan Ave, Grass Lake, MI 49240
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    121 Drake St
    Grass Lake, MI 49240-8302
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.