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    Property profile & analytics

    129 Brg St Dewitt, MI 48820-9417

    • Grocery and convenience stores
    • 4,779 SF
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    $225,000
    Last Sale
    Mar 26, 2024
    $225,000
    Location Intelligence
    Property ID
    US43-2186456
    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

    • Family Tree Cafe / Restaurant / Family Restaurant
    • Bob's Small Engine Repair / Small Engine Repair Service
    • Brothers Liquor Llc / Liquor Store
    • Dewitt Party Store / Liquor Store
    • LibertyX Bitcoin ATM / Atm

    Property Details for 129 Brg St

    Year built
    1955
    Lot size
    0.60 lot acres
    Property size
    4,779 SF
    Zone code
    CB
    Property type
    Grocery and convenience stores
    APN
    200-100-000-235-00
    APU
    20010000023500

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $225,000

    • CAP approach

      CAP return
      Estimation
      6%
      $205,000
      6.5%
      $215,000
      7%
      $225,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $240,000
      Geo Method
      $235,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $185,000
      Retail
      $190,000
      Mixed-Use
      $180,000
      Hospitality
      $210,000
      Educational
      $190,000
      Residential Income
      $190,000
      Energy
      $185,000
      Income-Based Land
      $180,000
      Food Service
      $210,000

    Location Insight

    • Map
    • Local Demand
    City
    Dewitt
    County
    Clinton
    State
    Michigan
    Longitude
    -84.5686
    Latitude
    42.8416
    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
    2022
    $10,183
    $25,500
    $168,800
    $194,300
    -
    $51,000
    $337,600
    $388,600

    Comparable in this City

    • Value Estimation
      $575,000
      2,640 SF

      12875 Us Hwy 27

      GROCERY, SUPERMARKET • 2,640 SF
      12875 Us Hwy 27, Dewitt, MI 48820-9349
      View Details
    • Value Estimation
      $440,000
      1,807 SF

      12997 Us Hwy 27

      CONVENIENCE STORE • 1,807 SF
      12997 Us Hwy 27, Dewitt, MI 48820-9377
      View Details
    • Value Estimation
      $440,000
      2,545 SF

      14004 Us Hwy 27

      CONVENIENCE STORE • 2,545 SF
      14004 Us Hwy 27, Dewitt, MI 48820-9321
      View Details
    • Value Estimation
      $370,000
      3,900 SF

      13155 Us Hwy 27

      CONVENIENCE STORE • 3,900 SF
      13155 Us Hwy 27, Dewitt, MI 48820-9381
      View Details
    • Value Estimation
      $260,000
      1,268 SF

      113 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,268 SF
      113 Main St, Dewitt, MI 48820-8835
      View Details
    • Value Estimation
      $380,000
      2,452 SF

      13007 Us Hwy 27

      FINANCIAL BUILDING • 2,452 SF
      13007 Us Hwy 27, Dewitt, MI 48820-9381
      View Details

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    Similar Nearby for Lease

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      View Details
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    • Contact for pricing
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      State-of-the-art, 9,002 SF call center.
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      View Details
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    Dewitt, MI 48820-9417
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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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