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    Property profile & analytics

    216 Main St Durand, MI 48429-1612

    • Turn key restaurants
    • 1,300 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 13, 2024
    Location Intelligence
    Property ID
    US43-2184027
    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

    • Whimsy & Mayhem / Gift Shop

    Property Details for 216 Main St

    Lot size
    0.06 lot acres
    Property size
    1,300 SF
    Zone code
    C-1
    Property type
    Turn key restaurants
    APN
    020-66-011-000
    APU
    2066011000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Durand
    County
    Shiawassee
    State
    Michigan
    Longitude
    -83.987
    Latitude
    42.911
    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
    2024
    $3,127
    $0.00
    $0.00
    $49,800
    -
    $0.00
    $0.00
    $99,600

    Comparable in this City

    • Value Estimation by Request
      5,144 SF

      230 Main St

      RESTAURANT • 5,144 SF
      230 Main St, Durand, MI 48429-1612
      View Details
    • Value Estimation by Request
      2,691 SF

      113 Saginaw St

      RESTAURANT • 2,691 SF
      113 Saginaw St, Durand, MI 48429-1163
      View Details
    • Value Estimation by Request
      1,410 SF

      200 Main St

      RESTAURANT • 1,410 SF
      200 Main St, Durand, MI 48429-1612
      View Details
    • Value Estimation by Request
      4,050 SF

      104 Saginaw St

      RESTAURANT • 4,050 SF
      104 Saginaw St, Durand, MI 48429-1164
      View Details
    • Value Estimation by Request
      2,567 SF

      206 Main St

      RESTAURANT • 2,567 SF
      206 Main St, Durand, MI 48429-1612
      View Details
    • Value Estimation by Request
      2,411 SF

      205 Main St

      RESTAURANT • 2,411 SF
      205 Main St, Durand, MI 48429-1706
      View Details

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      19 Acres Vacant Land For Sale

      19 acres of vacant land with pole barn and shed.
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    Similar Nearby for Lease

    • $12 SF/Yr
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      Monroe Plaza Retail Space

      Durand, MI Shopping Center Opportunity
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      Durand Retail Space - 11,082 SF

      Prime Durand Retail, Drive-Thru Available
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    • $12 SF/Yr
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      Retail Suite in Monroe Plaza

      In-line retail suite ready for customization in Durand, MI.
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    • Contact for pricing

      Durand Retail Hub Land Available

      1.38 AC land in Durand's retail hub for lease.
      8618 Lansing Rd, Durand, MI 48429
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    216 Main St
    Durand, MI 48429-1612
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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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