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    Property profile & analytics

    509 Rynearson St Buchanan, MI 49107-1718

    • Office buildings
    • 13,224 SF
    • 1.82 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 03, 2022
    Location Intelligence
    Property ID
    US43-3119119
    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

    • Office buildings

    Property Details for 509 Rynearson St

    Year built
    1967
    Lot size
    1.82 lot acres
    Property size
    13,224 SF
    Zone code
    R-1 SIN
    Property type
    Office buildings
    APN
    58-0036-0254-06-2
    APU
    5800360254062

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Buchanan
    County
    Berrien
    State
    Michigan
    Longitude
    -86.3549
    Latitude
    41.827
    CBSA code
    35660
    CBSA name
    NILES-BENTON HARBOR, 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
    $3,033
    $0.00
    $0.00
    $104,200
    -
    $0.00
    $0.00
    $208,400

    Comparable in this City

    • Value Estimation by Request
      4,500 SF

      223 Frnt St

      OFFICE BUILDING • 4,500 SF
      223 Frnt St, Buchanan, MI 49107-1407
      View Details
    • Value Estimation by Request
      1,419 SF

      111 Days Ave

      OFFICE BUILDING • 1,419 SF
      111 Days Ave, Buchanan, MI 49107-1609
      View Details
    • Value Estimation by Request
      825 SF

      119 Main St

      OFFICE BUILDING • 825 SF
      119 Main St, Buchanan, MI 49107-1410
      View Details
    • Value Estimation by Request
      91,484 SF

      500 Cir Dr

      OFFICE BUILDING • 91,484 SF
      500 Cir Dr, Buchanan, MI 49107-1357
      View Details
    • Value Estimation by Request
      5,415 SF

      117 Frnt St

      OFFICE BUILDING • 5,415 SF
      117 Frnt St, Buchanan, MI 49107-1234
      View Details
    • Value Estimation by Request
      19,428 SF

      128 Frnt St

      OFFICE BUILDING • 19,428 SF
      128 Frnt St, Buchanan, MI 49107-1223
      View Details

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    509 Rynearson St
    Buchanan, MI 49107-1718
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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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