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    Property profile & analytics

    1408 Us Hwy 27 Saint Johns, MI 48879-2432

    • Turn key restaurants
    • 5,899 SF
    • 2.10 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Location Intelligence
    Property ID
    US43-2262456
    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

    • Turn key restaurants

    Property Details for 1408 Us Hwy 27

    Year built
    1978
    Construction
    CONCRETE
    Lot size
    2.10 lot acres
    Property size
    5,899 SF
    Zone code
    GC
    Property type
    Turn key restaurants
    APN
    300-410-000-013-00
    APU
    30041000001300

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Saint Johns
    County
    Clinton
    State
    Michigan
    Longitude
    -84.5441
    Latitude
    42.988
    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
    $15,918
    $60,000
    $306,500
    $366,500
    -
    $120,000
    $613,000
    $733,000

    Comparable in this City

    • Value Estimation
      $205,000
      4,950 SF

      111 Higham St

      RESTAURANT • 4,950 SF
      111 Higham St, Saint Johns, MI 48879-1560
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    • Value Estimation
      $345,000
      2,977 SF

      5006 Us Hwy 27

      RESTAURANT • 2,977 SF
      5006 Us Hwy 27, Saint Johns, MI 48879-8407
      View Details
    • Value Estimation
      $405,000
      3,843 SF

      2440 Ontario Dr

      RESTAURANT • 3,843 SF
      2440 Ontario Dr, Saint Johns, MI 48879-8267
      View Details
    • Value Estimation
      $470,000
      4,425 SF

      1201 127th Br

      RESTAURANT • 4,425 SF
      1201 127th Br, Saint Johns, MI 48879
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    • Value Estimation
      $215,000
      735 SF

      1050 Superior Dr

      RESTAURANT • 735 SF
      1050 Superior Dr, Saint Johns, MI 48879-8272
      View Details
    • Value Estimation
      $305,000
      4,250 SF

      5556 M 21

      RESTAURANT • 4,250 SF
      5556 M 21, Saint Johns, MI 48879-9010
      View Details

    Similar Nearby for Sale

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      54,154 SF

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      55,000 SF manufacturing/warehousing space near US 127.
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    • $289,000
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      Country Home on Two Acres

      Well-maintained home with upgrades on a private two-acre lot.
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    • Contact for pricing
      0.95 Acres

      Land Available in St. Johns

      0.95 acre land parcel in St. Johns, Michigan.
      8095 Mcintosh Rd, Saint Johns, MI 48879
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
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      Prime Saint Johns Retail/Office Space

      High-visibility, 2-suite office building
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      View Details
    • Contact for pricing
      1,500 SF

      2405-2421 Ontario Dr, Saint Johns, MI

      Shopping centers • 1,500 SF
      2405-2421 Ontario Dr, Saint Johns, MI 48879
      View Details
    • $5 SF/Yr
      332,750 SF

      Tri-Temp Industrial Facility Lease

      Massive Cold Storage Warehouse Available
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    1408 Us Hwy 27
    Saint Johns, MI 48879-2432
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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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