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    Property profile & analytics

    6040 124th Ave Fennville, MI 49408

    • Turn key restaurants
    • 3,508 SF
    • 4.05 lot acres
    OFF-MARKET
    Value Estimation
    $460,000
    Last Sale
    Oct 24, 2023
    Location Intelligence
    Property ID
    US43-4278767
    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

    • Turn key restaurants

    Property Details for 6040 124th Ave

    Year built
    1988
    Lot size
    4.05 lot acres
    Property size
    3,508 SF
    Property type
    Turn key restaurants
    APN
    07-001-004-22
    APU
    700100422

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fennville
    County
    Allegan
    State
    Michigan
    Longitude
    -86.1371
    Latitude
    42.5935
    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
    $0.00
    $101,400
    $202,800
    $304,200
    -
    $202,800
    $405,600
    $608,400

    Comparable in this City

    • Value Estimation
      $75,000
      768 SF

      115 Fennville St

      RESTAURANT • 768 SF
      115 Fennville St, Fennville, MI 49408-5105
      View Details
    • Value Estimation
      $570,000
      8,361 SF

      310 Main St

      RESTAURANT • 8,361 SF
      310 Main St, Fennville, MI 49408-9219
      View Details
    • Value Estimation
      $700,000
      28,560 SF

      6130 122nd Ave

      RESTAURANT • 28,560 SF
      6130 122nd Ave, Fennville, MI 49408-8413
      View Details
    • Value Estimation
      $350,000
      1,760 SF

      210 Main St

      RESTAURANT • 1,760 SF
      210 Main St, Fennville, MI 49408-5106
      View Details
    • Value Estimation
      $370,000
      942 SF

      744 Main St

      RESTAURANT • 942 SF
      744 Main St, Fennville, MI 49408-9579
      View Details
    • Value Estimation
      $375,000
      5,537 SF

      114 Main St

      RESTAURANT • 5,537 SF
      114 Main St, Fennville, MI 49408-8488
      View Details

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    6040 124th Ave
    Fennville, MI 49408
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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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