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    Property profile & analytics

    131 Marshall St Allegan, MI 49010-1624

    • Grocery and convenience stores
    • 2,808 SF
    • 0.38 lot acres
    OFF-MARKET
    Value Estimation
    $385,000
    Location Intelligence
    Property ID
    US43-2297024
    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

    • ATM / Atm
    • Riverside Market / Liquor Store / Convenience Store

    Property Details for 131 Marshall St

    Lot size
    0.38 lot acres
    Property size
    2,808 SF
    Property type
    Grocery and convenience stores
    APN
    51-305-167-00
    APU
    5130516700

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Allegan
    County
    Allegan
    State
    Michigan
    Longitude
    -85.8497
    Latitude
    42.5255
    CBSA code
    26090
    CBSA name
    HOLLAND, MI MICROPOLITAN 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
    $4,322
    $7,600
    $114,400
    $122,000
    -
    $15,200
    $228,800
    $244,000

    Comparable in this City

    • Value Estimation
      $405,000
      1,408 SF

      924 Marshall St

      CONVENIENCE STORE • 1,408 SF
      924 Marshall St, Allegan, MI 49010-1639
      View Details
    • Value Estimation
      $420,000
      2,409 SF

      120 Marshall St

      CONVENIENCE STORE • 2,409 SF
      120 Marshall St, Allegan, MI 49010-1625
      View Details
    • Value Estimation
      $925,000
      40,336 SF

      100 Monroe St

      GROCERY, SUPERMARKET • 40,336 SF
      100 Monroe St, Allegan, MI 49010-1363
      View Details
    • Value Estimation
      $360,000
      1,232 SF

      550 Water St

      CONVENIENCE STORE • 1,232 SF
      550 Water St, Allegan, MI 49010-1311
      View Details
    • Value Estimation
      $335,000
      2,025 SF

      101 Monroe St

      CONVENIENCE STORE • 2,025 SF
      101 Monroe St, Allegan, MI 49010-1333
      View Details
    • Value Estimation by Request
      5,084 SF

      4021 104th Ave

      GROCERY, SUPERMARKET • 5,084 SF
      4021 104th Ave, Allegan, MI 49010-9136
      View Details

    Similar Nearby for Sale

    • $129,900
      2,325 SF

      Restaurant/Retail Building in Downtown Allegan

      Versatile building in downtown Allegan with river views.
      243 Hubbard St, Allegan, MI 49010
      View Details
    • $275,000
      Pending

      Downtown Allegan Investment Opportunity

      Retail/office property in revitalized downtown Allegan with river views.
      213 Hubbard St, Allegan, MI 49010
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    • $180,000
      3,300 SF

      Victorian Commercial Building in Downtown Allegan

      Two-story brick building with retail/office space and apartment potential.
      106 Locust St, Allegan, MI 49010
      View Details
    • $975,000
      19,200 SF

      Retail Center on Lincoln Road

      Retail center with development potential in Allegan, Michigan.
      1253 Lincoln Rd, Allegan, MI 49010
      View Details
    • $3,395,000
      Pending

      Iconic Restaurant and Banquet Venue

      Turnkey restaurant and banquet venue on 22.3 stunning acres.
      1071 32Nd St, Allegan, MI 49010
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    • $360,000
      6,600 SF

      Downtown Allegan Mixed-Use Property

      Historic Victorian buildings, high rental potential.
      110-106 Locust St, Allegan, MI 49010
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    Similar Nearby for Lease

    • $10 SF/Yr
      3,726 SF

      Downtown Allegan Commercial Space Available

      Versatile commercial space in historic downtown Allegan, Michigan.
      145 Brady St, Allegan, MI 49010
      View Details
    • $8 SF/Yr
      3,679 SF

      Downtown Allegan Commercial Space Available

      Prime commercial space in historic downtown Allegan, suitable for various businesses.
      149 Brady St, Allegan, MI 49010
      View Details
    • New
      $10 SF/Yr
      4,000 SF

      Industrial Building Near M-89

      4,000 SF commercial building near M-89 in Allegan, MI.
      2569 111Th Ave, Allegan, MI 49010
      View Details
    • $8 SF/Yr

      Downtown Allegan Office Space Available

      Office space for lease in historic downtown Allegan.
      149 Brady St. St, Allegan, MI 49010
      View Details
    • $10 SF/Yr
      2,400 SF

      New Construction Commercial Flex Space

      New construction flex space with office, bathroom, and radiant heat.
      3507 Babylon Rd, Allegan, MI 49010
      View Details

    Property Visit Statistics

    • Visits by month
      5.0k
    • Visitors by month
      3.2k
    • Avg Time on site
      7 min
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    131 Marshall St
    Allegan, MI 49010-1624
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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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