Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    231 Main St Morenci, MI 49256

    • Industrial properties
    • 1,539 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-4608636
    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 231 Main St

    Year built
    1966
    Lot size
    0.11 lot acres
    Property size
    1,539 SF
    Property type
    Industrial properties

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morenci
    County
    Lenawee
    State
    Michigan
    Longitude
    -84.21799
    Latitude
    41.71929

    Comparable in this City

    • $114,900
      2,553 SF

      Morenci Industrial Space - Main St

      Prime Downtown Morenci Industrial Building
      113 Main St, Morenci, MI 49256
      View Details
    • $125,000
      10,920 SF

      Morenci Industrial Property: Bowling Alley

      Prime Morenci location, 10-lane bowling alley, high potential.
      136 Main St, Morenci, MI 49256
      View Details
    • Contact for pricing
      45,000 SF

      Morenci Industrial Park Investment

      Cannabis-ready industrial buildings in Michigan.
      300 Hammontree Dr, Morenci, MI 49256
      View Details
    • $89,900
      8,580 SF

      Historic Morenci Commercial Building

      Prime Downtown Location, Endless Potential
      244 Main St, Morenci, MI 49256
      View Details
    • $2,750,000
      27,000 SF

      Prime Morenci Industrial Investment

      High-Yield Cannabis Facility, 27,000 SF
      520 Hammontree Dr, Morenci, MI 49256
      View Details
    • $90,000
      854 SF

      Morenci Industrial Building - Huge Potential

      Charming brick building, 854 sq ft, prime location.
      Morenci, MI 49256
      View Details

    Similar Nearby for Sale

    • $125,000
      10,920 SF

      Morenci Industrial Property: Bowling Alley

      Prime Morenci location, 10-lane bowling alley, high potential.
      136 Main St, Morenci, MI 49256
      View Details
    • $114,900
      2,553 SF

      Morenci Industrial Space - Main St

      Prime Downtown Morenci Industrial Building
      113 Main St, Morenci, MI 49256
      View Details
    • Contact for pricing
      45,000 SF

      Morenci Industrial Park Investment

      Cannabis-ready industrial buildings in Michigan.
      300 Hammontree Dr, Morenci, MI 49256
      View Details
    • $89,900
      8,580 SF

      Historic Morenci Commercial Building

      Prime Downtown Location, Endless Potential
      244 Main St, Morenci, MI 49256
      View Details
    • $2,750,000
      27,000 SF

      Prime Morenci Industrial Investment

      High-Yield Cannabis Facility, 27,000 SF
      520 Hammontree Dr, Morenci, MI 49256
      View Details
    • $90,000
      854 SF

      Morenci Industrial Building - Huge Potential

      Charming brick building, 854 sq ft, prime location.
      Morenci, MI 49256
      View Details

    Similar Nearby for Lease

    • $2,750,000

      Cannabis Cultivating & Processing Facility

      Multi-tenant cannabis facility with new 10-year leases and annual increases.
      520 Hammontree Dr, Morenci, MI 49256
      View Details
    • Contact for pricing

      Morenci Retail and Automotive Space

      Retail and automotive property available for rent in Morenci.
      300 Hammontree Dr, Morenci, MI 49256
      View Details
    • Contact for pricing

      Morenci Commercial Property For Rent

      Commercial property available for rent in Morenci, Michigan.
      300 Hammontree Dr, Morenci, MI 49256
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    231 Main St
    Morenci, MI 49256
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.