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    701 Eley St Otsego, MI 49078-2504
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    Property profile & analytics

    701 Eley St, Otsego, MI 49078-2504

    View on Map

    • Retail space
    • 9,660 SF
    • 1.08 lot acres
    Off-Market
    Property ID
    US43-2115108
    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.

    Value Estimations
    $1,225,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dollar General / Discount Store
    • Western Union / Bank / Credit Union

    Property Details for 701 Eley St

    Year built
    2005
    Lot size
    1.08 lot acres
    Property type
    Retail space
    APN
    54-023-251-10
    APU
    5402325110

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 8, 2005 $808,500 Frederick Zupancic Dgotsego LLC Warranty Deed $485k · Lnb Commercial Capital
    Jan 3, 2005 $158,000 Dgotsego LLC The City Of Otsego Warranty Deed —

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,670,000
      6.5%
      $1,545,000
      7%
      $1,435,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $966,000
      Market price range: $465k - $966k
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,225,000
      Current use
      RESTAURANT
      $1,050,000
      Change: -14% Conversion: Easy
      COMMERCIAL (GENERAL)
      $1,050,000
      Change: -14% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Otsego
    County
    Allegan
    State
    Michigan
    Longitude
    -85.6813
    Latitude
    42.4504
    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
    $20,054
    $32,700
    $435,400
    $468,100
    -
    $65,400
    $870,800
    $936,200

    Property Visit Statistics

    • Visits by month
      11.3k
    • Visitors by month
      6.6k
    • Avg Time on site
      11 min
    More about this property
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