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    Property profile & analytics

    16516 Michigan Ave Albion, MI 49224-9688

    • Auto shops
    • 6,640 SF
    • 10.79 lot acres
    OFF-MARKET
    Value Estimation
    $345,000
    Last Sale
    Apr 14, 2023
    Location Intelligence
    Property ID
    US43-1519676
    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

    • Auto shops

    Property Details for 16516 Michigan Ave

    Lot size
    10.79 lot acres
    Property size
    6,640 SF
    Zone code
    C 2
    Property type
    Auto shops
    APN
    000-06-31-176-008-00
    APU
    63117600800

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albion
    County
    Jackson
    State
    Michigan
    Longitude
    -84.7093
    Latitude
    42.2565
    CBSA code
    27100
    CBSA name
    JACKSON, 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
    $2,180
    $0.00
    $83,300
    $83,300
    -
    $0.00
    $166,600
    $166,600

    Comparable in this City

    • Value Estimation
      $90,000
      3,195 SF

      942 Austin Ave

      AUTO REPAIR, GARAGE • 3,195 SF
      942 Austin Ave, Albion, MI 49224-1008
      View Details
    • Value Estimation
      $80,000
      2,599 SF

      220 Austin Ave

      AUTO REPAIR, GARAGE • 2,599 SF
      220 Austin Ave, Albion, MI 49224-1225
      View Details
    • Value Estimation by Request
      10,115 SF

      Callahan Rd

      AUTO REPAIR, GARAGE • 10,115 SF
      Callahan Rd, Albion, MI 49224
      View Details
    • Value Estimation by Request
      1,320 SF

      1624 Michigan Ave

      AUTO REPAIR, GARAGE • 1,320 SF
      1624 Michigan Ave, Albion, MI 49224-9203
      View Details
    • Value Estimation by Request
      7,892 SF

      29150 C N Dr

      AUTO REPAIR, GARAGE • 7,892 SF
      29150 C N Dr, Albion, MI 49224-9410
      View Details
    • Value Estimation by Request
      18,289 SF

      333 Bemer St

      AUTO REPAIR, GARAGE • 18,289 SF
      333 Bemer St, Albion, MI 49224-1009
      View Details

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      Albion, MI Hunting Land

      81.42 acres of prime hunting land in Calhoun County.
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    • Contact for pricing
      0.13 Acres

      Vacant Buildable Lot in Albion

      Vacant lot available for development in Albion, Michigan.
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      Buildable corner lot available through Calhoun County Land Bank program.
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    Similar Nearby for Lease

    • $21 SF/Yr
      4,400 SF

      Albion Medical Office Building

      Single-tenant medical office, Albion, MI
      0 Michigan Ave, Albion, MI 49224
      View Details
    • $7 SF/Yr
      10,400 SF

      Albion Industrial Space For Lease

      10,400 SF industrial space on 22.85 acres available.
      15620 W Michigan Ave, Albion, MI 49224
      View Details
    • $7 SF/Yr
      10,400 SF

      Versatile Industrial Property in Albion

      Industrial property with flexible leasing options on 22 acres.
      15620 W Michigan Ave, Albion, MI 49224
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    16516 Michigan Ave
    Albion, MI 49224-9688
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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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