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

    288 State St Montrose, MI 48457-9090

    • Commercial real estate
    • 1,980 SF
    • 0.63 lot acres
    OFF-MARKET
    Value Estimation
    $110,000
    Last Sale
    Jan 07, 2021
    $100,000
    Location Intelligence
    Property ID
    US43-1237490
    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

    • ToyNerds.Co / Collectibles Store
    • The E Co / Event Venue / Photography Studio
    • Montrose Pizza and More / Pizza Restaurant
    • CleanWell / Graffiti Removal Service / Gutter Cleaning Service
    • Elite Building Solutions LLC / Contractor / Deck Builder

    Property Details for 288 State St

    Year built
    1969
    Lot size
    0.63 lot acres
    Property size
    1,980 SF
    Property type
    Commercial real estate
    APN
    60-21-100-016
    APU
    6021100016

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $100,000

    • CAP approach

      CAP return
      Estimation
      6%
      $135,000
      6.5%
      $130,000
      7%
      $135,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $120,000
      Geo Method
      $125,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $125,000
      Retail
      $135,000
      Mixed-Use
      $145,000
      Hospitality
      $125,000
      Educational
      $140,000
      Residential Income
      $150,000
      Energy
      $125,000
      Income-Based Land
      $155,000
      Food Service
      $135,000

    Location Insight

    • Map
    • Local Demand
    City
    Montrose
    County
    Genesee
    State
    Michigan
    Longitude
    -83.886
    Latitude
    43.1757
    CBSA code
    22420
    CBSA name
    FLINT, 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
    2019
    $2,516
    $0.00
    $0.00
    $48,000
    -
    $0.00
    $0.00
    $96,000

    Comparable in this City

    • Value Estimation by Request
      0.27 Acres

      144 Hickory St

      COMMERCIAL (GENERAL) • 0.27 Acres
      144 Hickory St, Montrose, MI 48457-9464
      View Details
    • Value Estimation by Request

      150 Saginaw St

      COMMERCIAL (GENERAL)
      150 Saginaw St, Montrose, MI 48457-9785
      View Details
    • Value Estimation by Request
      3.96 Acres

      400 Saginaw St

      COMMERCIAL (GENERAL) • 3.96 Acres
      400 Saginaw St, Montrose, MI 48457-9806
      View Details
    • Value Estimation by Request
      29,220 SF

      11445 Seymour Rd

      COMMERCIAL (GENERAL) • 29,220 SF
      11445 Seymour Rd, Montrose, MI 48457-9068
      View Details
    • Value Estimation by Request
      3,260 SF

      107 State St

      COMMERCIAL (GENERAL) • 3,260 SF
      107 State St, Montrose, MI 48457-7716
      View Details
    • Value Estimation by Request
      6,380 SF

      200 State St

      COMMERCIAL (GENERAL) • 6,380 SF
      200 State St, Montrose, MI 48457-9748
      View Details

    Similar Nearby for Sale

    • $99,900

      Maple Grove Township Wooded Acreage

      17.45 acres of wooded land in Maple Grove Township.
      14389 Rd East, Montrose, MI 48457
      View Details
    • $1,600,000
      160.40 Acres

      160 Acres with Lake and River

      160 acres featuring a lake, river frontage, and hardwoods.
      10241 N Mckinley Rd, Montrose, MI 48457
      View Details
    • $74,900
      2,415 SF

      Montrose Industrial Property - Great Investment

      Downtown Montrose: 2-Unit Building, Pizza Shop Ready
      124 State St, Montrose, MI 48457
      View Details
    • $34,900
      1.29 Acres

      Residential Land in Montrose, MI

      Over an acre of vacant residential land for sale.
      11038 Farrand Rd, Montrose, MI 48457
      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.
    288 State St
    Montrose, MI 48457-9090
    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.