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    Property profile & analytics

    123 Toby Rd Sparta, MI 49345-7504

    • Commercial land
    • 1.51 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 25, 2022
    $45,000
    Location Intelligence
    Property ID
    US43-1678291
    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

    • Commercial land

    Property Details for 123 Toby Rd

    Lot size
    1.51 lot acres
    Zone code
    C-2 CONDITIONAL
    Property type
    Commercial land
    APN
    41-05-12-426-001
    APU
    410512426001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sparta
    County
    Kent
    State
    Michigan
    Longitude
    -85.6751
    Latitude
    43.1804
    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
    2019
    $209
    $0.00
    $0.00
    $26,200
    -
    $0.00
    $0.00
    $52,400

    Comparable in this City

    • Value Estimation by Request
      0.47 Acres

      409 Division St Enw

      VACANT COMMERCIAL LAND • 0.47 Acres
      409 Division St Enw, Sparta, MI 49345
      View Details
    • Value Estimation by Request
      1.51 Acres

      168 Tabby Trl NW Dr

      VACANT COMMERCIAL LAND • 1.51 Acres
      168 Tabby Trl NW Dr, Sparta, MI 49345-8200
      View Details
    • Value Estimation by Request
      0.20 Acres

      223 Division St

      VACANT COMMERCIAL LAND • 0.20 Acres
      223 Division St, Sparta, MI 49345-1340
      View Details
    • Value Estimation by Request
      1.83 Acres

      13191 Long Lk Dr

      VACANT COMMERCIAL LAND • 1.83 Acres
      13191 Long Lk Dr, Sparta, MI 49345-9529
      View Details
    • Value Estimation by Request
      34.94 Acres

      8630 Sparta NW Ave

      VACANT COMMERCIAL LAND • 34.94 Acres
      8630 Sparta NW Ave, Sparta, MI 49345-9411
      View Details
    • Value Estimation by Request
      0.33 Acres

      104 State St

      VACANT COMMERCIAL LAND • 0.33 Acres
      104 State St, Sparta, MI 49345-1024
      View Details

    Similar Nearby for Sale

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      Pending

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      Buildable Lot Near Camp Lake

      1.51-acre buildable lot near Camp Lake and Rogue River.
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      Land For Sale

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      Buildable and Tillable Land Parcel

      9.24 acre buildable and tillable land parcel in Sparta.
      1750 15 Mile Rd NW, Sparta, MI 49345
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      17.74 Acres in Sparta, MI

      17.74 acre parcel with woods and easy access.
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      Land Available in Sparta Township

      Land for sale in Sparta Township, Kent County.
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    Similar Nearby for Lease

    • $8 SF/Yr

      Retail Space in Sparta Center

      Retail space available in high-traffic Sparta Center Plaza.
      532 South State St, Sparta, MI 49345
      View Details
    • $14 SF/Yr
      665 SF

      Move-in Ready Sparta Office Space

      Private office space available for lease with updated features.
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      View Details
    • $7 SF/Yr
      1,817 SF

      Commercial Property in Sparta, MI

      Commercial property for lease in high-traffic area of Sparta, MI.
      545 State St, Sparta, MI 49345
      View Details
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    Sparta, MI 49345-7504
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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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