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    Property profile & analytics

    124 Capital Ave Bellevue, MI 49021-1212

    • Grocery and convenience stores
    • 2,500 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-2205952
    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

    • CITGO / Gas Station
    • R & J Inc / Gas Station / Auto Repair Shop

    Property Details for 124 Capital Ave

    Year built
    1955
    Lot size
    0.27 lot acres
    Property size
    2,500 SF
    Property type
    Grocery and convenience stores
    APN
    131 000 048 016 01
    APU
    13100004801601

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bellevue
    County
    Eaton
    State
    Michigan
    Longitude
    -85.0172
    Latitude
    42.4441
    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
    2023
    $7,465
    $0.00
    $0.00
    $150,514
    -
    $0.00
    $0.00
    $301,028

    Comparable in this City

    • Value Estimation by Request
      4,073 SF

      109 Capital Ave

      CONVENIENCE STORE • 4,073 SF
      109 Capital Ave, Bellevue, MI 49021-1301
      View Details
    • Value Estimation by Request
      12,210 SF

      205 Capital Ave

      GROCERY, SUPERMARKET • 12,210 SF
      205 Capital Ave, Bellevue, MI 49021-1213
      View Details
    • Value Estimation by Request
      9,000 SF

      704 Main St

      RETAIL STORES (PERSONAL SERVICES) • 9,000 SF
      704 Main St, Bellevue, MI 49021-1423
      View Details
    • Value Estimation
      $70,000
      2,250 SF

      108 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,250 SF
      108 Main St, Bellevue, MI 49021-1232
      View Details
    • Value Estimation by Request
      1,320 SF

      103 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,320 SF
      103 Main St, Bellevue, MI 49021-1231
      View Details
    • Value Estimation by Request
      1,350 SF

      120 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,350 SF
      120 Main St, Bellevue, MI 49021-1232
      View Details

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    124 Capital Ave
    Bellevue, MI 49021-1212
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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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