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    Property profile & analytics

    141 Main St Gregory, MI 48137-9592

    • Commercial real estate
    • 384 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 26, 2024
    Location Intelligence
    Property ID
    US43-5193256
    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

    • Commercial real estate

    Property Details for 141 Main St

    Year built
    1970
    Lot size
    0.06 lot acres
    Property size
    384 SF
    Property type
    Commercial real estate
    APN
    13-22-301-031
    APU
    1322301031

    Description

    This charming, 384-square-foot retail building is located at 141 Main Street in Gregory, Michigan, 48137. Previously a salon, it features two hair washing stations and a restroom. The property includes convenient adjacent parking and is connected to city sewer and well water. Priced at $45,000 ($117.19/sq ft), this fee-simple, single-story building offers versatile space ideal for a variety of uses, including a salon, office, or small restaurant. Its location in the heart of Gregory provides excellent visibility and accessibility within a close-knit community. The building sits on a single lot, offering a single unit in a single building. This presents a unique opportunity for entrepreneurs seeking a well-situated space to establish their business in a thriving small town east of Stockbridge and north of Chelsea. The property's flexible layout and convenient amenities make it an attractive investment for those seeking a turnkey operation or a space to customize to their specific needs. Don't miss this chance to own a piece of Gregory's Main Street.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gregory
    County
    Livingston
    State
    Michigan
    Longitude
    -84.0839
    Latitude
    42.4595
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, 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
    $689
    $0.00
    $0.00
    $31,450
    -
    $0.00
    $0.00
    $62,900

    Comparable in this City

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      126 Webb St

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      20175 Williamsville Rd

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      122 Main St

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      106 Carr St

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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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