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    Property profile & analytics

    23875 M 60 Homer, MI 49245-9651

    • Auto shops
    • 3,200 SF
    • 2.48 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Last Sale
    Mar 10, 2023
    $300,000
    Location Intelligence
    Property ID
    US43-2651363
    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

    • Auto shops

    Property Details for 23875 M 60

    Lot size
    2.48 lot acres
    Property size
    3,200 SF
    Property type
    Auto shops
    APN
    07-000-027-02
    APU
    700002702

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Homer
    County
    Calhoun
    State
    Michigan
    Longitude
    -84.8294
    Latitude
    42.1473
    CBSA code
    12980
    CBSA name
    BATTLE CREEK, 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
    2020
    $5,645
    $0.00
    $0.00
    $150,100
    -
    $0.00
    $0.00
    $300,200

    Comparable in this City

    • Value Estimation by Request
      1,552 SF

      119 Leigh St

      AUTO REPAIR, GARAGE • 1,552 SF
      119 Leigh St, Homer, MI 49245-1113
      View Details
    • Value Estimation by Request
      1,072 SF

      102 Leigh St

      AUTO REPAIR, GARAGE • 1,072 SF
      102 Leigh St, Homer, MI 49245-1030
      View Details
    • Value Estimation by Request
      2,400 SF

      M S Dr, Unit 2

      AUTO REPAIR, GARAGE • 2,400 SF
      M S Dr, Homer, MI 49245
      View Details
    • Value Estimation by Request
      7,948 SF

      26952 M 60

      AUTO REPAIR, GARAGE • 7,948 SF
      26952 M 60, Homer, MI 49245-9487
      View Details
    • Value Estimation by Request
      7,200 SF

      28338 M 60

      AUTO REPAIR, GARAGE • 7,200 SF
      28338 M 60, Homer, MI 49245-9678
      View Details
    • Value Estimation by Request
      1,280 SF

      326 Main St

      AUTO REPAIR, GARAGE • 1,280 SF
      326 Main St, Homer, MI 49245-1042
      View Details

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    • Contact for pricing
      0.66 Acres

      Cleared Lot with Pole Barn

      0.65 acre lot with pole barn in Homer, MI
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    23875 M 60
    Homer, MI 49245-9651
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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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