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    Property profile & analytics

    216 Main St Olivet, MI 49076-9465

    • Auto shops
    • 2,592 SF
    • 0.45 lot acres
    OFF-MARKET
    Value Estimation
    $110,000
    Last Sale
    Aug 03, 2023
    $120,000
    Location Intelligence
    Property ID
    US43-2338868
    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

    • Eagle Automotive Services, Inc / Auto Repair Shop

    Property Details for 216 Main St

    Year built
    1952
    Lot size
    0.45 lot acres
    Property size
    2,592 SF
    Property type
    Auto shops
    APN
    600 040 601 730 00
    APU
    60004060173000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Olivet
    County
    Eaton
    State
    Michigan
    Longitude
    -84.9225
    Latitude
    42.4476
    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
    2023
    $2,861
    $0.00
    $0.00
    $44,317
    -
    $0.00
    $0.00
    $88,634

    Comparable in this City

    • Value Estimation by Request
      5,624 SF

      207 Main St

      AUTO REPAIR, GARAGE • 5,624 SF
      207 Main St, Olivet, MI 49076-9465
      View Details
    • Value Estimation by Request
      2,400 SF

      4615 Butterfield Hwy

      AUTO REPAIR, GARAGE • 2,400 SF
      4615 Butterfield Hwy, Olivet, MI 49076-9728
      View Details
    • Value Estimation by Request
      4,351 SF

      106 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,351 SF
      106 Main St, Olivet, MI 49076-9679
      View Details
    • Value Estimation by Request
      1,744 SF

      129 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,744 SF
      129 Main St, Olivet, MI 49076-9403
      View Details
    • Value Estimation
      $190,000
      7,569 SF

      116 Main St

      RETAIL STORES (PERSONAL SERVICES) • 7,569 SF
      116 Main St, Olivet, MI 49076-9403
      View Details
    • Value Estimation by Request
      630 SF

      103 Main St

      RETAIL STORES (PERSONAL SERVICES) • 630 SF
      103 Main St, Olivet, MI 49076-9403
      View Details

    Similar Nearby for Sale

    • $1,806,000
      10,500 SF

      New Retail Building For Sale

      New construction retail building with a 10-year corporate lease.
      315 N Main St, Olivet, MI 49076
      View Details
    • $850,000
      116.00 Acres

      116 Acres of Farmland

      116 acres of farmland near I-69 in Olivet, Michigan.
      V Dr N, Olivet, MI 49076
      View Details
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    216 Main St
    Olivet, MI 49076-9465
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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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