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    Property profile & analytics

    31012 M 60 Leonidas, MI 49066-9432

    • Commercial real estate
    • 1,676 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 06, 2021
    $16,000
    Location Intelligence
    Property ID
    US43-2359598
    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

    • Commercial real estate

    Property Details for 31012 M 60

    Year built
    1906
    Lot size
    0.22 lot acres
    Property size
    1,676 SF
    Zone code
    COMMERCIAL
    Property type
    Commercial real estate
    APN
    008-037-049-00
    APU
    803704900

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Leonidas
    County
    St. Joseph
    State
    Michigan
    Longitude
    -85.3516
    Latitude
    42.0237
    CBSA code
    44780
    CBSA name
    STURGIS, 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
    $1,733
    $12,700
    $47,800
    $60,500
    -
    $25,400
    $95,600
    $121,000

    Comparable in this City

    • Value Estimation by Request

      51589 Correll Rd

      COMMERCIAL (GENERAL)
      51589 Correll Rd, Leonidas, MI 49066-9415
      View Details
    • Value Estimation by Request
      1,008 SF

      31029 M 60

      COMMERCIAL (GENERAL) • 1,008 SF
      31029 M 60, Leonidas, MI 49066
      View Details
    • Value Estimation
      $350,000
      7,311 SF

      30321 Covey Rd

      COMMERCIAL (GENERAL) • 7,311 SF
      30321 Covey Rd, Leonidas, MI 49066-9407
      View Details
    • Value Estimation by Request
      560 SF

      30980 King Rd

      COMMERCIAL (GENERAL) • 560 SF
      30980 King Rd, Leonidas, MI 49066-9800
      View Details
    • Value Estimation by Request
      1,350 SF

      31022 M 60

      COMMERCIAL (GENERAL) • 1,350 SF
      31022 M 60, Leonidas, MI 49066-9432
      View Details
    • Value Estimation
      $90,000
      1,828 SF

      31055 M 60

      COMMERCIAL (GENERAL) • 1,828 SF
      31055 M 60, Leonidas, MI 49066-9432
      View Details
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    31012 M 60
    Leonidas, MI 49066-9432
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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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