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    Property profile & analytics

    Richland, MI 49083

    • Commercial real estate
    • 3.00 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 21, 2023
    Location Intelligence
    Property ID
    US43-2597886
    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

    • Commercial real estate

    Property Details

    Lot size
    3.00 lot acres
    Zone code
    C-1
    Property type
    Commercial real estate
    APN
    04-20-255-012
    APU
    420255012

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Richland
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.3855
    Latitude
    42.3713
    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
    2019
    $3,737
    $0.00
    $0.00
    $89,100
    -
    $0.00
    $0.00
    $178,200

    Comparable in this City

    • Value Estimation by Request
      2.00 Acres

      M M-43

      Land • 2.00 Acres
      0 M M-43, Richland, MI 49083
      View Details
    • Value Estimation by Request
      3.53 Acres

      8818 32nd St

      COMMERCIAL (GENERAL) • 3.53 Acres
      8818 32nd St, Richland, MI 49083-8555
      View Details
    • Value Estimation by Request
      4.50 Acres

      34th St

      COMMERCIAL (GENERAL) • 4.50 Acres
      34th St, Richland, MI 49083
      View Details
    • Value Estimation by Request

      10391 G Ave

      COMMERCIAL (GENERAL)
      10391 G Ave, Richland, MI 49083-9392
      View Details
    • Value Estimation by Request

      6075 G Ave

      COMMERCIAL (GENERAL)
      6075 G Ave, Richland, MI 49083
      View Details
    • Value Estimation by Request
      54,576 SF

      7906 Gull Rd

      COMMERCIAL (GENERAL) • 54,576 SF
      7906 Gull Rd, Richland, MI 49083-8610
      View Details

    Similar Nearby for Sale

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      Richland Commercial Land Opportunity

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      Richland, MI 2-Acre Lot

      2-acre lot in Richland to build your custom home.
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      Richland Land for Custom Home

      Two-acre parcel near park, ideal for building a dream home.
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    Similar Nearby for Lease

    • Contact for pricing

      Franklin Beach Office/Retail Space

      Office or retail space available at Franklin Beach, Gull Lake.
      12173 E D Ave 200 South Gull, Lake, MI 49083
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      Richland Commercial Space Available

      Commercial space in Richland with shop, warehouse, and office areas.
      8700 N 32Nd St, Richland, MI 49083
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    • $13 SF/Yr
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      Richland, MI Office Building For Sale

      Class A Office, 1951 sq ft, 1.88 acres
      8275 32Nd St, Richland, MI 49083
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    • $16 SF/Yr
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      Retail Investment Property in Richland

      7.46-acre retail property with leasing opportunity in Richland, MI.
      8842 N 32Nd St, Richland, MI 49083
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    • Contact for pricing
      856 SF

      Gull Lake Waterfront Commercial Space

      Office or retail space available at Franklin Beach, Gull Lake.
      12173 E D Ave, Richland, MI 49083
      View Details
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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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