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    Property profile & analytics

    254 Water St Otsego, MI 49078

    • Warehouses
    • 1,364 SF
    • 0.82 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 18, 2024
    $30,000
    Location Intelligence
    Property ID
    US43-0553934
    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

    • Warehouses

    Property Details for 254 Water St

    Lot size
    0.82 lot acres
    Property size
    1,364 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    54-023-041-00
    APU
    5402304100

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Otsego
    County
    Allegan
    State
    Michigan
    Longitude
    -85.7004
    Latitude
    42.462
    CBSA code
    26090
    CBSA name
    HOLLAND, MI MICROPOLITAN 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
    $1,595
    $18,500
    $10,600
    $29,100
    -
    $37,000
    $21,200
    $58,200

    Comparable in this City

    • Value Estimation
      $525,000
      14,400 SF

      2058 Fairlane Ct

      MINI-WAREHOUSE, STORAGE • 14,400 SF
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      View Details
    • Value Estimation
      $485,000
      16,207 SF

      1728 106th Ave

      MINI-WAREHOUSE, STORAGE • 16,207 SF
      1728 106th Ave, Otsego, MI 49078
      View Details
    • Value Estimation by Request
      20,600 SF

      363 Riv St

      MINI-WAREHOUSE, STORAGE • 20,600 SF
      363 Riv St, Otsego, MI 49078
      View Details
    • Value Estimation
      $190,000
      15,188 SF

      333 Riv St

      MINI-WAREHOUSE, STORAGE • 15,188 SF
      333 Riv St, Otsego, MI 49078
      View Details
    • Value Estimation by Request
      2,800 SF

      1795 Jefferson Rd

      WAREHOUSE, STORAGE • 2,800 SF
      1795 Jefferson Rd, Otsego, MI 49078-9682
      View Details
    • Value Estimation by Request
      6,016 SF

      210 Farmer St

      WAREHOUSE, STORAGE • 6,016 SF
      210 Farmer St, Otsego, MI 49078
      View Details

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    • $65,000
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      Buildable land available in Otsego, refer to main listing.
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      Buildable land available in Otsego, refer to main listing.
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    254 Water St
    Otsego, MI 49078
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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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