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    Property profile & analytics

    1250 Drake Rd Kalamazoo, MI 49006-5778

    • Commercial real estate
    • 2.87 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-4306956
    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

    • Speedway / Convenience Store / Gas Station
    • PNC Bank ATM / Atm
    • ATM / Atm
    • LibertyX Bitcoin ATM / Atm

    Property Details for 1250 Drake Rd

    Lot size
    2.87 lot acres
    Zone code
    C COMM
    Property type
    Commercial real estate
    APN
    05-24-480-017
    APU
    524480017

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kalamazoo
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.6492
    Latitude
    42.2776
    CBSA code
    28020
    CBSA name
    KALAMAZOO-PORTAGE, 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
    2021
    $0.00
    $0.00
    $0.00
    $624,300
    -
    $0.00
    $0.00
    $1,248,600

    Comparable in this City

    • Value Estimation by Request
      0.86 Acres

      1719 Fraternity Vlg Dr

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      32,854 SF

      5099 Century Ave

      COMMERCIAL (GENERAL) • 32,854 SF
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      49,025 SF

      5215 Century Ave

      COMMERCIAL (GENERAL) • 49,025 SF
      5215 Century Ave, Kalamazoo, MI 49006-5770
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      15,066 SF

      609 Cherokee St

      COMMERCIAL (GENERAL) • 15,066 SF
      609 Cherokee St, Kalamazoo, MI 49006-2817
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      161,530 SF

      1344 Emajean St

      COMMERCIAL (GENERAL) • 161,530 SF
      1344 Emajean St, Kalamazoo, MI 49006
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    • Value Estimation by Request
      2,620 SF

      3003 Main St

      COMMERCIAL (GENERAL) • 2,620 SF
      3003 Main St, Kalamazoo, MI 49006-2955
      View Details

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    Similar Nearby for Lease

    • $18 SF/Yr
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      High-traffic retail space available
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    • $1.00 SF/Yr
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      Retail units available for lease near Western Michigan University.
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    • $12 SF/Yr
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      Remodeled retail/office space with high visibility and ample parking.
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    Property Visit Statistics

    • Visits by month
      55.8k
    • Visitors by month
      24.0k
    • Avg Time on site
      8 min
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    1250 Drake Rd
    Kalamazoo, MI 49006-5778
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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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