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    Property profile & analytics

    251 Wright Ave Shepherd, MI 48883-5162

    • Commercial land
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-2600895
    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

    • Shepherd Village Clerk / City Government Office
    • Shepherd Village Police Department / Police Department

    Property Details for 251 Wright Ave

    Property type
    Commercial land
    APN
    31-050-00-170-00
    APU
    310500017000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shepherd
    County
    Isabella
    State
    Michigan
    Longitude
    -84.6945
    Latitude
    43.524
    CBSA code
    34380
    CBSA name
    MOUNT PLEASANT, MI MICROPOLITAN STATISTICAL AREA

    Comparable in this City

    • Value Estimation by Request
      0.05 Acres

      207 Wright Ave

      VACANT COMMERCIAL LAND • 0.05 Acres
      207 Wright Ave, Shepherd, MI 48883-2512
      View Details
    • Value Estimation by Request

      Shepherd, MI 48883

      VACANT COMMERCIAL LAND
      Shepherd, MI 48883
      View Details
    • Value Estimation by Request
      29.75 Acres

      Shepherd, MI 48883

      VACANT COMMERCIAL LAND • 29.75 Acres
      Shepherd, MI 48883
      View Details
    • Value Estimation by Request

      5th St, Unit 7

      VACANT COMMERCIAL LAND
      5th St, Shepherd, MI 48883
      View Details
    • Value Estimation by Request
      0.21 Acres

      Tara Ct

      VACANT COMMERCIAL LAND • 0.21 Acres
      Tara Ct, Shepherd, MI 48883
      View Details
    • Value Estimation by Request
      0.53 Acres

      Wright Ave

      VACANT COMMERCIAL LAND • 0.53 Acres
      Wright Ave, Shepherd, MI 48883
      View Details

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    251 Wright Ave
    Shepherd, MI 48883-5162
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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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