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    Property profile & analytics

    Shelby, MI 49455

    • Commercial real estate
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-3937764
    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
    0.04 lot acres
    Property type
    Commercial real estate
    APN
    046-118-001-60
    APU
    4611800160

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shelby
    County
    Oceana
    State
    Michigan
    Longitude
    -86.3641
    Latitude
    43.611

    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
    2022
    $1,202
    $5,900
    $50,500
    $56,400
    -
    $11,800
    $101,000
    $112,800

    Comparable in this City

    • Value Estimation by Request

      Shelby, MI 49455

      COMMERCIAL (GENERAL)
      Shelby, MI 49455
      View Details
    • Value Estimation by Request
      0.68 Acres

      150 1st St

      COMMERCIAL (GENERAL) • 0.68 Acres
      150 1st St, Shelby, MI 49455-1054
      View Details
    • Value Estimation by Request
      0.39 Acres

      20 State St

      COMMERCIAL (GENERAL) • 0.39 Acres
      20 State St, Shelby, MI 49455-1116
      View Details
    • Value Estimation by Request

      51 3rd St

      COMMERCIAL (GENERAL)
      51 3rd St, Shelby, MI 49455-1117
      View Details
    • Value Estimation by Request

      1995 Baseline Rd

      COMMERCIAL (GENERAL)
      1995 Baseline Rd, Shelby, MI 49455
      View Details
    • Value Estimation by Request

      339 Dewey St

      COMMERCIAL (GENERAL)
      339 Dewey St, Shelby, MI 49455-1051
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Pending

      Residential Lot Near Lake Michigan

      Residential lot suitable for a walkout basement, near beaches.
      18155 Summer Set Ct, Shelby, MI 49455
      View Details
    • Contact for pricing

      Residential Land in Shelby, MI

      Land available for duplex or single-family home in Shelby.
      198 Devonwood Dr, Shelby, MI 49455
      View Details
    • $240,000
      4,230 SF

      Downtown Shelby Commercial Buildings For Sale

      Well-maintained commercial buildings in downtown Shelby, currently leased to long-term tenant.
      195 N Michigan Ave, Shelby, MI 49455
      View Details
    • $65,000
      2,490 SF

      Shelby Business Opportunity: Prime Location

      Former Gas Station - Redevelopment Potential
      1190 144Th Ave, Shelby, MI 49455
      View Details
    • $65,000
      5.00 Acres

      Shelby, MI 5-Acre Land Parcel

      5-acre building site near Lake Michigan and Silver Lake.
      28Th Ave, Shelby, MI 49455
      View Details
    • $285,000
      25.00 Acres

      Shelby, MI 25-Acre Land Parcel

      25 acres near Lake Michigan, ideal for building or recreation.
      25VL W Grant Rd, Shelby, MI 49455
      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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