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    Property profile & analytics

    403 Main St Alpha, MI 49902

    • Retail space
    • 1,058 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 31, 2025
    $532
    Location Intelligence
    Property ID
    US43-3447432
    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

    • Retail space

    Property Details for 403 Main St

    Lot size
    0.13 lot acres
    Property size
    1,058 SF
    Property type
    Retail space
    APN
    041-545-012-00
    APU
    4154501200

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Alpha
    County
    Iron
    State
    Michigan
    Longitude
    -88.3775
    Latitude
    46.0435

    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
    0
    $0.00
    $2,500
    $13,800
    $16,300
    -
    $5,000
    $27,600
    $32,600

    Comparable in this City

    • Value Estimation by Request
      1,610 SF

      301 Ctr St

      RETAIL STORES (PERSONAL SERVICES) • 1,610 SF
      301 Ctr St, Alpha, MI 49902-5134
      View Details
    • Value Estimation by Request
      1,488 SF

      411 Main St

      BAR, TAVERN • 1,488 SF
      411 Main St, Alpha, MI 49902
      View Details
    • Value Estimation by Request
      2,648 SF

      303 Ctr St

      BAR, TAVERN • 2,648 SF
      303 Ctr St, Alpha, MI 49902-5134
      View Details
    • Value Estimation by Request
      2,244 SF

      401 Ctr St

      WHOLESALE OUTLET, DISCOUNT STORE • 2,244 SF
      401 Ctr St, Alpha, MI 49902
      View Details
    • Value Estimation by Request
      2,524 SF

      202 Main St

      MINI-WAREHOUSE, STORAGE • 2,524 SF
      202 Main St, Alpha, MI 49902
      View Details
    • Value Estimation by Request
      2,100 SF

      104 1st St

      MINI-WAREHOUSE, STORAGE • 2,100 SF
      104 1st St, Alpha, MI 49902
      View Details
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    403 Main St
    Alpha, MI 49902
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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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