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    Property profile & analytics

    5167 Michigan Ave Tipton, MI 49287-9101

    • Commercial real estate
    • 2,744 SF
    • 1.52 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 09, 2023
    Location Intelligence
    Property ID
    US43-2695281
    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

    • Commercial real estate

    Property Details for 5167 Michigan Ave

    Lot size
    1.52 lot acres
    Property size
    2,744 SF
    Property type
    Commercial real estate
    APN
    FR0-105-2260-00
    APU
    FR0105226000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tipton
    County
    Lenawee
    State
    Michigan
    Longitude
    -84.0895
    Latitude
    42.071
    CBSA code
    10300
    CBSA name
    ADRIAN, 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
    2023
    $1,693
    $0.00
    $0.00
    $66,900
    -
    $0.00
    $0.00
    $133,800

    Comparable in this City

    • Value Estimation by Request
      7,070 SF

      1280 Michigan Ave

      COMMERCIAL (GENERAL) • 7,070 SF
      1280 Michigan Ave, Tipton, MI 49287-9633
      View Details
    • Value Estimation by Request
      95.57 Acres

      15231 Wamplers Lk Rd

      COMMERCIAL (GENERAL) • 95.57 Acres
      15231 Wamplers Lk Rd, Tipton, MI 49287
      View Details
    • Value Estimation by Request
      3,059 SF

      5140 Michigan Ave

      COMMERCIAL (GENERAL) • 3,059 SF
      5140 Michigan Ave, Tipton, MI 49287-9101
      View Details
    • Value Estimation
      $115,000
      2,163 SF

      4321 Michigan Ave

      COMMERCIAL (GENERAL) • 2,163 SF
      4321 Michigan Ave, Tipton, MI 49287-9734
      View Details
    • Value Estimation by Request
      3,850 SF

      6550 Michigan Ave

      COMMERCIAL (GENERAL) • 3,850 SF
      6550 Michigan Ave, Tipton, MI 49287-9626
      View Details
    • Value Estimation by Request
      984 SF

      3936 Monroe Rd

      COMMERCIAL (GENERAL) • 984 SF
      3936 Monroe Rd, Tipton, MI 49287-9520
      View Details

    Similar Nearby for Sale

    • $249,900

      Tipton 8-Unit Investment Property

      8-unit investment property in Tipton, Michigan with easy commute.
      3987 W M 50 Hwy, Tipton, MI 49287
      View Details
    • $219,900
      7,200 SF

      Tipton Investment Property For Sale

      Multi-family investment property in Tipton, Michigan with eight units.
      3987 W M 50, Tipton, MI 49287
      View Details
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    5167 Michigan Ave
    Tipton, MI 49287-9101
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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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