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    Property profile & analytics

    5495 Michigan Ave Ypsilanti, MI 48197-4900

    • Grocery and convenience stores
    • 2,926 SF
    • 1.56 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-1078320
    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

    • Circle K / Coffee Shop / Diesel Fuel Supplier
    • Mobil / Gas Station
    • Cardtronics ATM / Atm

    Property Details for 5495 Michigan Ave

    Year built
    1989
    Lot size
    1.56 lot acres
    Property size
    2,926 SF
    Property type
    Grocery and convenience stores
    APN
    L -12-24-300-005
    APU
    L1224300005

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ypsilanti
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.679
    Latitude
    42.2084
    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
    $50,180
    $0.00
    $0.00
    $821,022
    -
    $0.00
    $0.00
    $1,642,044

    Comparable in this City

    • Value Estimation by Request

      1303 Anna Jpp Dr

      CONVENIENCE STORE
      1303 Anna Jpp Dr, Ypsilanti, MI 48197
      View Details
    • Value Estimation
      $1,075,000
      2,950 SF

      2200 Ellsworth Rd

      CONVENIENCE STORE • 2,950 SF
      2200 Ellsworth Rd, Ypsilanti, MI 48197-4806
      View Details
    • Value Estimation by Request
      4,546 SF

      3150 Michigan Ave

      CONVENIENCE STORE • 4,546 SF
      3150 Michigan Ave, Ypsilanti, MI 48197-9045
      View Details
    • Value Estimation by Request
      404 SF

      2350 Washtenaw Rd

      CONVENIENCE STORE • 404 SF
      2350 Washtenaw Rd, Ypsilanti, MI 48197-1502
      View Details
    • Value Estimation by Request
      57,631 SF

      3020 Washtenaw Rd

      GROCERY, SUPERMARKET • 57,631 SF
      3020 Washtenaw Rd, Ypsilanti, MI 48197-1509
      View Details
    • Value Estimation by Request
      3,200 SF

      5511 Michigan Ave

      CONVENIENCE STORE • 3,200 SF
      5511 Michigan Ave, Ypsilanti, MI 48197-9255
      View Details

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    Similar Nearby for Lease

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      Retail Space in Ypsilanti

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      Retail Space Near Interstate 94

      Retail space available near Interstate 94 in Ypsilanti, Michigan.
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      Retail Space For Rent

      Retail space available for lease in Ypsilanti, Michigan.
      2321-2515 Ellsworth Rd, Ypsilanti, MI 48197
      View Details

    Property Visit Statistics

    • Visits by month
      29.8k
    • Visitors by month
      16.8k
    • Avg Time on site
      7 min
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    5495 Michigan Ave
    Ypsilanti, MI 48197-4900
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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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