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    Property profile & analytics

    5116 M 106 Stockbridge, MI 49285-9684

    • Warehouses
    • 3,200 SF
    • 24.52 lot acres
    OFF-MARKET
    Value Estimation
    $495,000
    Location Intelligence
    Property ID
    US43-1715600
    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

    • Focus on U / Beauty Salon / Hair Salon
    • Stockbridge Wellness Center / Fitness Center / Gym
    • Geyer Farm Services / Farm
    • C G Lantis & Daughters Sales / Used Car Dealer

    Property Details for 5116 M 106

    Year built
    1994
    Lot size
    24.52 lot acres
    Property size
    3,200 SF
    Property type
    Warehouses
    APN
    33-16-16-34-200-013
    APU
    33161634200013

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $455,000

    • CAP approach

      CAP return
      Estimation
      6%
      $575,000
      6.5%
      $590,000
      7%
      $550,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $545,000
      Geo Method
      $605,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $520,000
      Retail
      $640,000
      Mixed-Use
      $600,000
      Hospitality
      $600,000
      Educational
      $610,000
      Residential Income
      $635,000
      Energy
      $600,000
      Income-Based Land
      $600,000
      Food Service
      $550,000

    Location Insight

    • Map
    • Local Demand
    City
    Stockbridge
    County
    Ingham
    State
    Michigan
    Longitude
    -84.1829
    Latitude
    42.438
    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
    2022
    $27,061
    $82,100
    $514,700
    $596,800
    -
    $164,200
    $1,029,400
    $1,193,600

    Comparable in this City

    • Value Estimation by Request
      9,520 SF

      12950 Wilmore Rd

      WAREHOUSE, STORAGE • 9,520 SF
      12950 Wilmore Rd, Stockbridge, MI 49285-9818
      View Details
    • Value Estimation
      $90,000
      5,220 SF

      510 Water St

      WAREHOUSE, STORAGE • 5,220 SF
      510 Water St, Stockbridge, MI 49285-9468
      View Details
    • Value Estimation
      $130,000
      1,904 SF

      721 Clinton St

      WAREHOUSE, STORAGE • 1,904 SF
      721 Clinton St, Stockbridge, MI 49285
      View Details
    • Value Estimation by Request
      4,000 SF

      3820 Parman Rd

      WAREHOUSE, STORAGE • 4,000 SF
      3820 Parman Rd, Stockbridge, MI 49285-9512
      View Details
    • Value Estimation by Request
      3,464 SF

      121 Herbert St

      WAREHOUSE, STORAGE • 3,464 SF
      121 Herbert St, Stockbridge, MI 49285-9808
      View Details
    • Value Estimation
      $415,000
      4,800 SF

      4980 Bird Dr

      WAREHOUSE, STORAGE • 4,800 SF
      4980 Bird Dr, Stockbridge, MI 49285-9476
      View Details

    Similar Nearby for Sale

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    • New
      $205,000
      30.82 Acres

      Stockbridge Land with Tillable Acreage

      30.82 acres of tillable land with mature woods.
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    • $275,000

      Cleared Land Along M-52 Corridor

      24+ acres of cleared commercial land near downtown Stockbridge.
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      30.82 acres of mostly tillable land for sale.
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    5116 M 106
    Stockbridge, MI 49285-9684
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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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