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    Property profile & analytics

    228 Main St Eaton Rapids, MI 48827-1256

    • Retail space
    • 3,608 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    $110,000
    Last Sale
    Sep 15, 2021
    $84,500
    Location Intelligence
    Property ID
    US43-2238215
    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

    • Adtek Graphics, Inc. / Multimedia And Electronic Book Publisher

    Property Details for 228 Main St

    Year built
    1900
    Lot size
    0.05 lot acres
    Property size
    3,608 SF
    Zone code
    CBD
    Property type
    Retail space
    APN
    300 000 605 055 00
    APU
    30000060505500

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Eaton Rapids
    County
    Eaton
    State
    Michigan
    Longitude
    -84.6563
    Latitude
    42.511
    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
    $2,394
    $0.00
    $0.00
    $50,900
    -
    $0.00
    $0.00
    $101,800

    Comparable in this City

    • Value Estimation by Request
      1,611 SF

      116 Knight St

      RETAIL STORES (PERSONAL SERVICES) • 1,611 SF
      116 Knight St, Eaton Rapids, MI 48827-1222
      View Details
    • Value Estimation by Request
      3,098 SF

      214 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,098 SF
      214 Main St, Eaton Rapids, MI 48827-1256
      View Details
    • Value Estimation by Request
      3,117 SF

      106 Knight St

      RETAIL STORES (PERSONAL SERVICES) • 3,117 SF
      106 Knight St, Eaton Rapids, MI 48827-1278
      View Details
    • Value Estimation by Request
      10,236 SF

      155 Main St

      RETAIL STORES (PERSONAL SERVICES) • 10,236 SF
      155 Main St, Eaton Rapids, MI 48827-1229
      View Details
    • Value Estimation by Request
      2,178 SF

      119 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,178 SF
      119 Main St, Eaton Rapids, MI 48827-1229
      View Details
    • Value Estimation
      $165,000
      4,356 SF

      238 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,356 SF
      238 Main St, Eaton Rapids, MI 48827-1256
      View Details

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    228 Main St
    Eaton Rapids, MI 48827-1256
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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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