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    Property profile & analytics

    408 Railway St Coleman, MI 48618-9797

    • Grocery and convenience stores
    • 3,236 SF
    • 0.38 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 21, 2025
    Location Intelligence
    Property ID
    US43-2498329
    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

    • Mama's market / Meat Products Store

    Property Details for 408 Railway St

    Lot size
    0.38 lot acres
    Property size
    3,236 SF
    Zone code
    B-2
    Property type
    Grocery and convenience stores
    APN
    170-003-000-295-00
    APU
    17000300029500

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Coleman
    County
    Midland
    State
    Michigan
    Longitude
    -84.5848
    Latitude
    43.7553
    CBSA code
    33220
    CBSA name
    MIDLAND, 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
    2022
    $2,337
    $0.00
    $0.00
    $34,900
    -
    $0.00
    $0.00
    $69,800

    Comparable in this City

    • Value Estimation by Request
      6,900 SF

      5246 Coleman Rd

      CONVENIENCE STORE • 6,900 SF
      5246 Coleman Rd, Coleman, MI 48618-9414
      View Details
    • Value Estimation by Request
      2,400 SF

      4993 M 18

      CONVENIENCE STORE • 2,400 SF
      4993 M 18, Coleman, MI 48618-9504
      View Details
    • Value Estimation
      $60,000
      1,530 SF

      102 Railway St

      CONVENIENCE STORE • 1,530 SF
      102 Railway St, Coleman, MI 48618-9715
      View Details
    • Value Estimation by Request
      16,724 SF

      440 Railway St

      GROCERY, SUPERMARKET • 16,724 SF
      440 Railway St, Coleman, MI 48618-9718
      View Details
    • Value Estimation
      $150,000
      2,310 SF

      3054 Saginaw Rd

      CONVENIENCE STORE • 2,310 SF
      3054 Saginaw Rd, Coleman, MI 48618-9769
      View Details
    • Value Estimation by Request
      3,264 SF

      405 Railway St

      RETAIL STORES (PERSONAL SERVICES) • 3,264 SF
      405 Railway St, Coleman, MI 48618-9797
      View Details

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      8.82 Acres, Prime Commercial Location
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    408 Railway St
    Coleman, MI 48618-9797
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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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