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    6017-6061 Grand River Ave Detroit, MI 48208

    • Land
    For Sale
    View listing
    $200,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 6017-6061 Grand River Ave

    Property type
    Land

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1025
    Latitude
    42.354

    Comparable in this City

    • Value Estimation by Request

      4127 Rosa Parks Blvd

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      0.09 Acres

      6512 Rosa Parks Blvd

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      6122 Rosa Parks Blvd

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      0.09 Acres

      5928 Wabash St

      Land • 0.09 Acres
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      0.11 Acres

      2645 Ferry Park St

      Land • 0.11 Acres
      2645 Ferry Park St, Detroit, MI 48208
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    • Value Estimation by Request

      4515 Trumbull St

      Land
      4515 Trumbull St, Detroit, MI 48208
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    6017-6061 Grand River Ave
    Detroit, MI 48208
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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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