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    Property profile & analytics

    518 118th Ave Martin, MI 49070-9756

    • Office buildings
    • 9,536 SF
    • 14.58 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-2055805
    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 518 118th Ave

    Lot size
    14.58 lot acres
    Property size
    9,536 SF
    Property type
    Office buildings
    APN
    15-022-007-40
    APU
    1502200740

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Martin
    County
    Allegan
    State
    Michigan
    Longitude
    -85.5953
    Latitude
    42.5509
    CBSA code
    26090
    CBSA name
    HOLLAND, 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
    $22
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $275,000
      1,379 SF

      917 Allegan St

      OFFICE BUILDING • 1,379 SF
      917 Allegan St, Martin, MI 49070-9797
      View Details
    • Value Estimation
      $580,000
      20,561 SF

      977 118th Ave

      OFFICE BUILDING • 20,561 SF
      977 118th Ave, Martin, MI 49070-9731
      View Details
    • Value Estimation
      $385,000
      4,478 SF

      1249 12th St

      OFFICE BUILDING • 4,478 SF
      1249 12th St, Martin, MI 49070-9718
      View Details
    • Value Estimation by Request
      4,000 SF

      1576 10th St

      OFFICE BUILDING • 4,000 SF
      1576 10th St, Martin, MI 49070-8764
      View Details
    • Value Estimation by Request
      0.05 Acres

      Martin, MI 49070

      VACANT COMMERCIAL LAND • 0.05 Acres
      Martin, MI 49070
      View Details
    • Value Estimation by Request
      9.26 Acres

      10th St

      INDUSTRIAL - VACANT LAND • 9.26 Acres
      10th St, Martin, MI 49070
      View Details
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    518 118th Ave
    Martin, MI 49070-9756
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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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