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    Property profile & analytics

    200 Williams St Alma, MI 48801-2000

    • Industrial properties
    • 1.57 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 11, 2021
    Location Intelligence
    Property ID
    US43-2885830
    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

    • Industrial properties

    Property Details for 200 Williams St

    Lot size
    1.57 lot acres
    Property type
    Industrial properties
    APN
    51-353-015-00
    APU
    5135301500

    Description

    This versatile 33,500-square-foot industrial property, situated on a 75,358.8-square-foot lot at 200 Williams Street in Alma, Michigan, presents a significant investment opportunity. Currently utilized as storage/warehouse space, this building offers substantial potential for conversion to various manufacturing, warehousing, or distribution uses. The property boasts convenient drive-in doors and a loading dock, ensuring efficient access for loading and unloading. Its strategic location within Alma's industrial park provides easy access to major transportation arteries, including US-127 and M-46, facilitating seamless north/south and east/west travel. The property's central Michigan location offers proximity to key regional hubs, with Lansing less than an hour away and Saginaw under 45 minutes. The asking price for this exceptional property is $299,000. This presents a rare chance to acquire a substantial industrial space with high conversion potential in a prime location. The property's size and features make it suitable for a variety of commercial uses, offering a strong return on investment for the right buyer. The address is 200 Williams Street, Alma, MI 48801, in Gratiot County.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Alma
    County
    Gratiot
    State
    Michigan
    Longitude
    -84.6341
    Latitude
    43.3854
    CBSA code
    10940
    CBSA name
    ALMA, 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
    $6,548
    $0.00
    $0.00
    $99,400
    -
    $0.00
    $0.00
    $198,800

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    200 Williams St
    Alma, MI 48801-2000
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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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