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    Property profile & analytics

    610 Paw Paw St Lawrence, MI 49064-9670

    • Individual retail properties
    • 3,600 SF
    • 0.65 lot acres
    OFF-MARKET
    Value Estimation
    $750,000
    Last Sale
    Mar 30, 2020
    $712,000
    Location Intelligence
    Property ID
    US43-2031522
    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

    • Laundromat / Laundromat

    Property Details for 610 Paw Paw St

    Year built
    1975
    Lot size
    0.65 lot acres
    Property size
    3,600 SF
    Zone code
    VILLAGE
    Property type
    Individual retail properties
    APN
    80-44-456-004-00
    APU
    804445600400

    Description

    This 4,000 square-foot commercial property in Lawrence, MI, presents a unique investment opportunity. Previously operating as a laundromat and convenience store, this adaptable space offers flexible lease terms to suit various business needs. Located at 610 S Paw Paw Street, it benefits from high visibility and ample parking (50 spaces) directly across from a large mobile home community, ensuring high traffic. The building features an open floor plan, upgraded plumbing and electrical infrastructure (ideal for laundromats, dry cleaners, or similar ventures), existing shelving and counter space from the former convenience store, and additional rear storage. High ceilings allow for flexible interior layouts. Partial space lease options are available, ranging from 1,800 to 4,000 square feet. This prime location is perfect for retail stores, quick-service restaurants, service-based businesses, or similar ventures. The property's existing infrastructure minimizes initial setup costs, making it an attractive option for entrepreneurs and established businesses alike. Contact us today to explore the possibilities.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $785,000

    • CAP approach

      CAP return
      Estimation
      6%
      $635,000
      6.5%
      $765,000
      7%
      $685,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $690,000
      Geo Method
      $650,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $705,000
      Retail
      $760,000
      Mixed-Use
      $745,000
      Hospitality
      $760,000
      Educational
      $645,000
      Residential Income
      $625,000
      Energy
      $710,000
      Income-Based Land
      $605,000
      Food Service
      $645,000

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Van Buren
    State
    Michigan
    Longitude
    -86.0515
    Latitude
    42.2133
    CBSA code
    28020
    CBSA name
    KALAMAZOO-PORTAGE, 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
    2020
    $2,433
    $0.00
    $0.00
    $71,600
    -
    $0.00
    $0.00
    $143,200

    Comparable in this City

    • Value Estimation by Request
      1,632 SF

      270 Crandall Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 1,632 SF
      270 Crandall Pkwy, Lawrence, MI 49064-7713
      View Details
    • Value Estimation by Request
      3,473 SF

      111 Saint Joseph St

      RETAIL STORES (PERSONAL SERVICES) • 3,473 SF
      111 Saint Joseph St, Lawrence, MI 49064-9305
      View Details
    • Value Estimation by Request
      1,545 SF

      107 Saint Joseph St

      RETAIL STORES (PERSONAL SERVICES) • 1,545 SF
      107 Saint Joseph St, Lawrence, MI 49064-9318
      View Details
    • Value Estimation by Request
      1,534 SF

      108 Paw Paw St

      RETAIL STORES (PERSONAL SERVICES) • 1,534 SF
      108 Paw Paw St, Lawrence, MI 49064-9334
      View Details
    • Value Estimation by Request
      2,572 SF

      117 Paw Paw St

      RETAIL STORES (PERSONAL SERVICES) • 2,572 SF
      117 Paw Paw St, Lawrence, MI 49064-9317
      View Details
    • Value Estimation by Request
      2,512 SF

      113 Saint Joseph St

      GROCERY, SUPERMARKET • 2,512 SF
      113 Saint Joseph St, Lawrence, MI 49064-9318
      View Details

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    Lawrence, MI 49064-9670
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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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