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    21171 Meyers Rd Oak Park, MI 48237

    For Sale
    $600,000

    Heavy industrial/commercial-zoned property with excellent freeway access.

    Lot size:
    1.56 Acres

    Property Features for 21171 Meyers Rd

    General Information

    Lot size
    1.56 Acres

    Building Details

    Year built
    1955

    Source: Better Living Real Estate LLC Agent Shirley L Radden

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oak Park Industrial Property

    This heavy industrial/commercial-zoned property is located in Oak Park. The building is well-maintained and features newer windows, interior and exterior paint from 2020 and 2023, and a new fence installed this year. The property offers immediate access to major freeways and thoroughfares, providing connectivity for transportation and distribution. The site offers ample space for storage and maintenance of heavy equipment, making it suitable for contractors, service companies, logistics, or equipment-based operations.
    Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oak Park
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1726082
    Latitude
    42.4499009

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    FAQs

    What type of property is this?
    Industrial property - Heavy industrial/commercial-zoned property with excellent freeway access.
    Where is this industrial property located?
    The property is located at 21171 Meyers Rd Oak Park, MI.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - Heavy industrial/commercial zoning ideal for various operations.; - Immediate access to major freeways and thoroughfares for outstanding connectivity.; - Ample space for efficient storage and maintenance of heavy equipment.
    (313) 641-1666
    Request Owner's contact information
    21171 Meyers Rd Oak Park, MI 48237
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    Oak Park, MI 48237
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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
    21171 Meyers Rd Oak Park, MI 48237
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