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    Property profile & analytics

    5615 109th Ave Pullman, MI 49450-9635

    • Grocery and convenience stores
    • 4,608 SF
    • 1.10 lot acres
    OFF-MARKET
    Value Estimation
    $480,000
    Last Sale
    Jan 19, 2021
    Location Intelligence
    Property ID
    US43-2625799
    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

    • Preferred Market / Grocery Store
    • Cardtronics ATM / Atm

    Property Details for 5615 109th Ave

    Year built
    1980
    Lot size
    1.10 lot acres
    Property size
    4,608 SF
    Property type
    Grocery and convenience stores
    APN
    12-008-018-10
    APU
    1200801810

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pullman
    County
    Allegan
    State
    Michigan
    Longitude
    -86.0916
    Latitude
    42.4844
    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
    $3,984
    $14,600
    $123,400
    $138,000
    -
    $29,200
    $246,800
    $276,000

    Comparable in this City

    • Value Estimation
      $570,000
      15,120 SF

      5631 109th Ave

      GROCERY, SUPERMARKET • 15,120 SF
      5631 109th Ave, Pullman, MI 49450-9635
      View Details
    • Value Estimation
      $370,000
      5,480 SF

      Pullman, MI 49450

      CONVENIENCE STORE • 5,480 SF
      Pullman, MI 49450
      View Details
    • Value Estimation by Request
      448 SF

      Pullman, MI 49450

      RETAIL STORES (PERSONAL SERVICES) • 448 SF
      Pullman, MI 49450
      View Details
    • Value Estimation by Request
      1,104 SF

      109th Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,104 SF
      109th Ave, Pullman, MI 49450
      View Details
    • Value Estimation by Request
      1,456 SF

      860 56th St

      RETAIL STORES (PERSONAL SERVICES) • 1,456 SF
      860 56th St, Pullman, MI 49450-9739
      View Details
    • Value Estimation by Request
      360 SF

      5605 109th Ave

      RETAIL STORES (PERSONAL SERVICES) • 360 SF
      5605 109th Ave, Pullman, MI 49450
      View Details

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    Pullman, MI 49450-9635
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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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