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    Property profile & analytics

    Jerome Rd Alma, MI 48801

    • Industrial properties
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-3680611
    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

    • Industrial properties

    Property Details for Jerome Rd

    Lot size
    0.60 lot acres
    Property type
    Industrial properties
    APN
    12-036-011-20
    APU
    1203601120

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Alma
    County
    Gratiot
    State
    Michigan
    Longitude
    -84.6264
    Latitude
    43.3885
    CBSA code
    10940
    CBSA name
    ALMA, 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
    $435
    $0.00
    $0.00
    $12,000
    -
    $0.00
    $0.00
    $24,000

    Comparable in this City

    • Value Estimation by Request
      0.27 Acres

      2375 Michigan Ave

      INDUSTRIAL (GENERAL) • 0.27 Acres
      2375 Michigan Ave, Alma, MI 48801-9712
      View Details
    • Value Estimation by Request

      903 Michigan Ave

      INDUSTRIAL (GENERAL)
      903 Michigan Ave, Alma, MI 48801-1933
      View Details
    • Value Estimation by Request
      0.53 Acres

      212 State St

      INDUSTRIAL (GENERAL) • 0.53 Acres
      212 State St, Alma, MI 48801-2265
      View Details
    • Value Estimation by Request
      22.00 Acres

      1325 Wright Ave

      INDUSTRIAL (GENERAL) • 22.00 Acres
      1325 Wright Ave, Alma, MI 48801-1134
      View Details
    • Value Estimation by Request
      1.81 Acres

      6595 Jerome Rd

      INDUSTRIAL (GENERAL) • 1.81 Acres
      6595 Jerome Rd, Alma, MI 48801-9706
      View Details
    • Value Estimation by Request
      9.12 Acres

      6655 Jerome Rd

      INDUSTRIAL (GENERAL) • 9.12 Acres
      6655 Jerome Rd, Alma, MI 48801-9314
      View Details

    Similar Nearby for Sale

    • $1,000,000
      10,320 SF

      421 State St, Alma, MI 48801

      Industrial properties • 10,320 SF
      421 State St, Alma, MI 48801
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    • $77,000
      0.22 Acres

      Alma Industrial Property: Prime Location

      Versatile building, ideal for conversion.
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    • $525,000
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      Alma Industrial Property: High-Traffic Location

      Prime Cannabis Dispensary Opportunity: High Visibility, Main Route.
      1405 Wright Ave, Alma, MI 48801
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    • $699,000
      1,866 SF

      Alma Industrial Investment

      High-yield, low-maintenance commercial property.
      1380 Wright Ave, Alma, MI 48801
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    • $520,000
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      Alma Industrial Property - High Visibility

      Prime Retail Space, M-46 Corridor, High Traffic
      2324 Monroe Rd, Alma, MI 48801
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    Similar Nearby for Lease

    • $1.00 SF/Yr
      30,000 SF

      Industrial Build-to-Suit Opportunity, Alma

      Industrial space for lease in Alma's industrial corridor.
      6525 N Jerome Rd, Alma, MI 48801
      View Details
    • $1,300 /Mo
      3,000 SF

      Downtown Alma Mixed-Use Building

      Versatile commercial space in downtown Alma suitable for various businesses.
      324 E Superior St, Alma, MI 48801
      View Details
    • $12 SF/Yr
      2,967 SF

      Alma Executive Office Suites

      Downtown Alma Office Space Available
      303 Superior St, Alma, MI 48801
      View Details
    • Contact for pricing
      27,889 SF

      Former JC Penny Box Available

      Retail space available in Alma, Michigan near Alma College.
      1680 Wright Ave, Alma, MI 48801
      View Details
    • $14 SF/Yr
      3,185 SF

      Historic Space in Downtown Alma

      3,200 SF retail/office space in modernized historic Opera House.
      101 E Superior Dr, Alma, MI 48801
      View Details
    • $15 SF/Yr
      2,243 SF

      Retail Space in North Town

      2,250 sq ft retail space in high-traffic North Town Plaza.
      1588 Wright Ave, Alma, MI 48801
      View Details
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    Jerome Rd
    Alma, MI 48801
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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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