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    Property profile & analytics

    617 Jefferson St Grand Ledge, MI 48837-1320

    • Warehouses
    • 4,240 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 30, 2024
    Location Intelligence
    Property ID
    US43-2335463
    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

    • Gama Electrostatic Coating / Paint Store / Metal Supplier

    Property Details for 617 Jefferson St

    Lot size
    0.28 lot acres
    Property size
    4,240 SF
    Zone code
    B-1
    Property type
    Warehouses
    APN
    400 073 604 040 00
    APU
    40007360404000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grand Ledge
    County
    Eaton
    State
    Michigan
    Longitude
    -84.7548
    Latitude
    42.7551
    CBSA code
    29620
    CBSA name
    LANSING-EAST LANSING, 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
    $6,697
    $0.00
    $0.00
    $68,700
    -
    $0.00
    $0.00
    $137,400

    Comparable in this City

    • Value Estimation by Request

      4901 Grand Riv Ave

      WAREHOUSE, STORAGE
      4901 Grand Riv Ave, Grand Ledge, MI 48837
      View Details
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      1,300 SF

      Ss Brg St

      WAREHOUSE, STORAGE • 1,300 SF
      Ss Brg St, Grand Ledge, MI 48837
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    • Value Estimation by Request
      35,875 SF

      1145 Comet Ln

      WAREHOUSE, STORAGE • 35,875 SF
      1145 Comet Ln, Grand Ledge, MI 48837-9363
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    • Value Estimation by Request
      1,792 SF

      819 Jefferson St

      WAREHOUSE, STORAGE • 1,792 SF
      819 Jefferson St, Grand Ledge, MI 48837-1324
      View Details
    • Value Estimation
      $405,000
      12,178 SF

      143 Orch St

      WAREHOUSE, STORAGE • 12,178 SF
      143 Orch St, Grand Ledge, MI 48837-1268
      View Details
    • Value Estimation by Request
      1,844 SF

      13051 Lawson Rd

      WAREHOUSE, STORAGE • 1,844 SF
      13051 Lawson Rd, Grand Ledge, MI 48837-9701
      View Details

    Similar Nearby for Sale

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      Grand Ledge Development Land

      63.57 acres of prime development land for sale.
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    • $750,000
      7.47 Acres

      Highway Interchange Land - $750K

      7.47 acres, prime commercial location.
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    • $1,350,000
      11,080 SF

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      Freestanding retail building with drive-thru and substantial parking.
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    Similar Nearby for Lease

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      Grand Ledge Retail Center Investment

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    • $12 SF/Yr
      23,741 SF

      Grand Ledge Retail Center Investment

      High-traffic retail space near Meijer
      635 Saginaw Hwy, Grand Ledge, MI 48837
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    • $8 SF/Yr
      2,200 SF

      Freestanding Office in Cedar Village

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    617 Jefferson St
    Grand Ledge, MI 48837-1320
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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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