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    Property profile & analytics

    401 Main St Eaton Rapids, MI 48827-1207

    • Drive through restaurants
    • 2,100 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 26, 2024
    Location Intelligence
    Property ID
    US43-2430577
    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

    • Subway / Caterer / Sandwich Shop

    Property Details for 401 Main St

    Year built
    1955
    Lot size
    0.17 lot acres
    Property size
    2,100 SF
    Zone code
    GBD
    Property type
    Drive through restaurants
    APN
    300 000 616 010 00
    APU
    30000061601000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Eaton Rapids
    County
    Eaton
    State
    Michigan
    Longitude
    -84.6556
    Latitude
    42.5091
    CBSA code
    29620
    CBSA name
    LANSING-EAST LANSING, 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
    2023
    $4,973
    $0.00
    $0.00
    $90,500
    -
    $0.00
    $0.00
    $181,000

    Comparable in this City

    • Value Estimation by Request
      1,392 SF

      323 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,392 SF
      323 Main St, Eaton Rapids, MI 48827-1205
      View Details
    • Value Estimation by Request
      2,888 SF

      809 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,888 SF
      809 Main St, Eaton Rapids, MI 48827-1729
      View Details
    • Value Estimation by Request
      3,200 SF

      916 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,200 SF
      916 Main St, Eaton Rapids, MI 48827-1732
      View Details
    • Value Estimation by Request
      4,359 SF

      9134 Spicerville Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,359 SF
      9134 Spicerville Hwy, Eaton Rapids, MI 48827-8907
      View Details
    • Value Estimation by Request
      2,232 SF

      829 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,232 SF
      829 Main St, Eaton Rapids, MI 48827-1729
      View Details
    • Value Estimation by Request
      3,080 SF

      124 Hall St

      RESTAURANT • 3,080 SF
      124 Hall St, Eaton Rapids, MI 48827-1212
      View Details

    Similar Nearby for Sale

    • $249,900

      Turnkey Restaurant Opportunity Ready

      Fully equipped restaurant with high visibility and ample parking.
      323 S Main St, Eaton Rapids, MI 48827
      View Details
    • $1,200,000
      45,626 SF

      Eaton Rapids Charter School Site

      15 Acres, Redevelopment Opportunity
      400 Dexter Rd, Eaton Rapids, MI 48827
      View Details
    • $199,000
      Pending

      Downtown Eaton Rapids Mixed-Use Property

      High-visibility commercial property with retail and apartments in downtown Eaton Rapids.
      217 S Main St, Eaton Rapids, MI 48827
      View Details
    • $433,756
      11,000 SF

      Retail Property in Eaton Rapids

      Retail property for sale in Eaton Rapids, Michigan.
      114 S Main St, Eaton Rapids, MI 48827
      View Details
    • $40,000
      2.56 Acres

      Eaton Rapids Land with Pole Barn

      2.56-acre building site with a 30x50 pole barn.
      Stoney Ln, Eaton Rapids, MI 48827
      View Details
    • $349,000
      9,800 SF

      Red Ribbon Hall: Eaton Rapids Event Venue

      Historic Event Venue, 9,800 sq ft
      314 Main St, Eaton Rapids, MI 48827
      View Details
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    401 Main St
    Eaton Rapids, MI 48827-1207
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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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