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    Property profile & analytics

    209 Railway St Coleman, MI 48618-9799

    • Turn key restaurants
    • 702 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-2294464
    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

    • Scoops / Restaurant

    Property Details for 209 Railway St

    Lot size
    0.07 lot acres
    Property size
    702 SF
    Zone code
    B-1
    Property type
    Turn key restaurants
    APN
    170-006-200-040-00
    APU
    17000620004000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Coleman
    County
    Midland
    State
    Michigan
    Longitude
    -84.5871
    Latitude
    43.757
    CBSA code
    33220
    CBSA name
    MIDLAND, 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
    2022
    $645
    $0.00
    $0.00
    $11,800
    -
    $0.00
    $0.00
    $23,600

    Comparable in this City

    • Value Estimation
      $175,000
      1,890 SF

      115 4th St

      RESTAURANT • 1,890 SF
      115 4th St, Coleman, MI 48618-8924
      View Details
    • Value Estimation by Request
      3,458 SF

      320 Railway St

      RESTAURANT • 3,458 SF
      320 Railway St, Coleman, MI 48618-9790
      View Details
    • Value Estimation by Request
      2,834 SF

      300 Railway St

      RESTAURANT • 2,834 SF
      300 Railway St, Coleman, MI 48618-9790
      View Details
    • Value Estimation
      $40,000
      1,998 SF

      219 Railway St

      BAR, TAVERN • 1,998 SF
      219 Railway St, Coleman, MI 48618-9799
      View Details
    • Value Estimation by Request
      1,464 SF

      107 4th St

      BAR, TAVERN • 1,464 SF
      107 4th St, Coleman, MI 48618
      View Details
    • Value Estimation by Request
      7,020 SF

      115 Railway St

      VEHICLE SALES, RENTALS • 7,020 SF
      115 Railway St, Coleman, MI 48618-9688
      View Details

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    • $450,000
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    • $450,000
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    209 Railway St
    Coleman, MI 48618-9799
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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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