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    Property profile & analytics

    33851 M 140th Hwy Covert, MI 49043-9800

    • Turn key restaurants
    • 2,752 SF
    • 0.48 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 05, 2022
    $37,000
    Location Intelligence
    Property ID
    US43-2293137
    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

    • Turn key restaurants

    Property Details for 33851 M 140th Hwy

    Year built
    1945
    Lot size
    0.48 lot acres
    Property size
    2,752 SF
    Zone code
    RR
    Property type
    Turn key restaurants
    APN
    80-07-140-028-00
    APU
    800714002800

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Covert
    County
    Van Buren
    State
    Michigan
    Longitude
    -86.2618
    Latitude
    42.2946
    CBSA code
    28020
    CBSA name
    KALAMAZOO-PORTAGE, 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
    $2,383
    $0.00
    $0.00
    $58,300
    -
    $0.00
    $0.00
    $116,600

    Comparable in this City

    • Value Estimation by Request
      1,824 SF

      79840 Arthur Quick Cir

      RESTAURANT • 1,824 SF
      79840 Arthur Quick Cir, Covert, MI 49043
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    • Value Estimation by Request
      2,288 SF

      31253 Blue Star Hwy

      RESTAURANT • 2,288 SF
      31253 Blue Star Hwy, Covert, MI 49043-9505
      View Details
    • Value Estimation by Request
      1,500 SF

      376 Cr

      AUTO REPAIR, GARAGE • 1,500 SF
      376 Cr, Covert, MI 49043
      View Details
    • Value Estimation by Request
      2,904 SF

      Nn St

      RETAIL STORES (PERSONAL SERVICES) • 2,904 SF
      Nn St, Covert, MI 49043
      View Details
    • Value Estimation by Request
      1,954 SF

      32063 M 140th Hwy

      GROCERY, SUPERMARKET • 1,954 SF
      32063 M 140th Hwy, Covert, MI 49043-9586
      View Details
    • Value Estimation by Request
      3,420 SF

      378 Cr

      GROCERY, SUPERMARKET • 3,420 SF
      378 Cr, Covert, MI 49043
      View Details

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    Covert, MI 49043-9800
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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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