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    Property profile & analytics

    5 Fletcher Rd Chelsea, MI 48118-9617

    • Grocery and convenience stores
    • 2,944 SF
    • 2.19 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 17, 2025
    Location Intelligence
    Property ID
    US43-1318611
    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

    • Grocery and convenience stores

    Property Details for 5 Fletcher Rd

    Year built
    1962
    Lot size
    2.19 lot acres
    Property size
    2,944 SF
    Zone code
    GC
    Property type
    Grocery and convenience stores
    APN
    G -07-16-300-021
    APU
    G0716300021

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chelsea
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.9761
    Latitude
    42.2969
    CBSA code
    11460
    CBSA name
    ANN ARBOR, 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
    $12,656
    $0.00
    $0.00
    $322,900
    -
    $0.00
    $0.00
    $645,800

    Comparable in this City

    • Value Estimation
      $1,330,000
      4,971 SF

      1630 Main St

      CONVENIENCE STORE • 4,971 SF
      1630 Main St, Chelsea, MI 48118-1411
      View Details
    • Value Estimation by Request
      1,556 SF

      501 Main St

      CONVENIENCE STORE • 1,556 SF
      501 Main St, Chelsea, MI 48118-1272
      View Details
    • Value Estimation by Request
      1,517 SF

      1629 Main St

      CONVENIENCE STORE • 1,517 SF
      1629 Main St, Chelsea, MI 48118-1410
      View Details
    • Value Estimation by Request
      4,556 SF

      104 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,556 SF
      104 Main St, Chelsea, MI 48118-1264
      View Details
    • Value Estimation by Request
      2,013 SF

      108 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,013 SF
      108 Main St, Chelsea, MI 48118-1266
      View Details
    • Value Estimation by Request
      2,921 SF

      102 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,921 SF
      102 Main St, Chelsea, MI 48118-1266
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Turnkey Restaurant at Robin Hills Farm

      Fully equipped restaurant for lease in Chelsea, Michigan.
      20390 N M-52, Chelsea, MI 48118
      View Details
    • $4,950,000

      Mixed-Use Building with Long-Term Tenants

      Fully occupied mixed-use building with diverse, long-term tenants.
      350 N Main St, Chelsea, MI 48118
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      Chelsea Industrial Space For Lease

      6,000 SF industrial space with convenient loading and ample parking.
      720 W Industrial Dr, Chelsea, MI 48118
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    • $189,000
      4.25 Acres

      Lakeview Build Site in Chelsea

      4.25 acre build site near Riker Lake and Inverness Country Club.
      13493 Riker Rd, Chelsea, MI 48118
      View Details
    • $1,150,000
      81.86 Acres

      Development Land Near Ann Arbor

      81.87-acre development parcel near Ann Arbor and I-94.
      S Fletcher Rd, Chelsea, MI 48118
      View Details
    • $175,000
      44.14 Acres

      Recreational Land with Frontage

      44.14 acre recreational land with frontage along Harr Rd.
      Harr Rd, Lyndon Twp, MI 48118
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      2,045 SF

      Chelsea Retail Space For Rent

      Retail or office space with high traffic and ample parking.
      1020 S Main St, Chelsea, MI 48118
      View Details
    • $10 SF/Yr
      15,550 SF

      Chelsea Industrial Flex Space

      15,550 SF Flex Space, Ann Arbor Area
      20401 Old Us Highway 12, Chelsea, MI 48118
      View Details
    • $13 SF/Yr
      1,400 SF

      Retail Space in Renovated Center

      Retail space available in a recently renovated shopping center.
      1145 S Main St, Chelsea, MI 48118
      View Details
    • $395,000
      2,900 SF

      Retail/Office Building For Lease/Sale

      2,900 SF retail/office building at high-traffic intersection.
      14495 N Territorial Rd, Chelsea, MI 48118
      View Details
    • $25 SF/Yr
      27,280 SF

      Downtown Chelsea Restaurant Space

      Prime Main Street location, 2,941 SF
      115 Main St, Chelsea, MI 48118
      View Details
    • Contact for pricing
      52,968 SF

      Chelsea Retail Center Opportunity

      High-Visibility Retail Space Available
      1620 Main St, Chelsea, MI 48118
      View Details
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    5 Fletcher Rd
    Chelsea, MI 48118-9617
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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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