Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    235 Burke St River Rouge, MI 48218

    • Commercial real estate
    • 0.37 lot acres
    For Sale
    View listing
    $525,000
    Value Estimation
    Last Sale
    Mar 04, 2020
    $210,000
    Location Intelligence
    Property ID
    US43-0545843
    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 for 235 Burke St

    Lot size
    0.37 lot acres
    Zone code
    R1 ONE
    Property type
    Commercial real estate
    APN
    50 005 02 0128 000
    APU
    50005020128000

    Description

    This freestanding, two-story retail building, totaling 8,410 square feet, presents a unique investment opportunity in River Rouge, Michigan. Built in 1965, the property is situated on a 0.38-acre lot and boasts a fenced parking area. Located on Burke Street, just off Jefferson Avenue, it benefits from high daily traffic counts exceeding 4,562 vehicles. The building's Neighborhood Mixed Use (NMU) zoning, within a Green Overlay District, allows for diverse uses including cannabis, retail, office, and multi-family development. The strong synergy of the location is enhanced by a dense residential population and nearby national tenants. An adjacent parcel is available for purchase, providing potential for expansion of parking. The asking price is $525,000, translating to $62.43 per square foot. This property offers significant potential for a variety of businesses or developers seeking a prime location in a thriving community. The building's history and versatile zoning make it an attractive proposition for those seeking a high-traffic, well-located investment. The existing structure provides a solid foundation for immediate occupancy or redevelopment, catering to a range of potential uses. The ample parking and proximity to Jefferson Avenue further enhance its appeal.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $230,000

    • CAP approach

      CAP return
      Estimation
      6%
      $185,000
      6.5%
      $205,000
      7%
      $210,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $195,000
      Geo Method
      $190,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $205,000
      Retail
      $170,000
      Mixed-Use
      $215,000
      Hospitality
      $170,000
      Educational
      $170,000
      Residential Income
      $190,000
      Energy
      $225,000
      Income-Based Land
      $175,000
      Food Service
      $200,000

    Location Insight

    • Map
    • Local Demand
    City
    River Rouge
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1338
    Latitude
    42.2716
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, 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
    2023
    $11,021
    $0.00
    $0.00
    $107,500
    -
    $0.00
    $0.00
    $215,000

    Comparable in this City

    • Value Estimation by Request
      25,839 SF

      240 Visger Rd

      COMMERCIAL (GENERAL) • 25,839 SF
      240 Visger Rd, River Rouge, MI 48218-1178
      View Details
    • Value Estimation by Request
      0.04 Acres

      228 Burke St

      COMMERCIAL (GENERAL) • 0.04 Acres
      228 Burke St, River Rouge, MI 48218-1436
      View Details
    • Value Estimation by Request
      0.05 Acres

      1755 Coolidge Hwy

      COMMERCIAL (GENERAL) • 0.05 Acres
      1755 Coolidge Hwy, River Rouge, MI 48218-1052
      View Details
    • Value Estimation by Request
      0.04 Acres

      1761 Coolidge Hwy

      COMMERCIAL (GENERAL) • 0.04 Acres
      1761 Coolidge Hwy, River Rouge, MI 48218-1052
      View Details
    • Value Estimation by Request
      1,742 SF

      142 Great Lks St

      COMMERCIAL (GENERAL) • 1,742 SF
      142 Great Lks St, River Rouge, MI 48218-1566
      View Details
    • Value Estimation by Request
      34,990 SF

      10593 Jefferson Ave

      COMMERCIAL (GENERAL) • 34,990 SF
      10593 Jefferson Ave, River Rouge, MI 48218-1364
      View Details

    Similar Nearby for Sale

    • $550,000

      Retail Property for Sale

      Retail property available for purchase in Detroit, Michigan.
      10551 E Jefferson Ave, Detroit, MI 48218
      View Details
    • $525,000

      Freestanding Building in River Rouge

      Historical building with fenced parking lot in a dense area.
      235 Burke St, River Rouge, MI 48218
      View Details
    • $259,900
      2,568 SF

      Fully Occupied Quadra Plex

      Investment opportunity: four units, strong rental history, consistent cashflow.
      426 Genessee St, River Rouge, MI 48218
      View Details
    • $975,000

      Land on Rouge River

      Land with rail access and deep water boat dock.
      12200 Pleasant St, Detroit, MI 48218
      View Details
    • $2,000,000
      33,671 SF

      Crane Building in River Rouge

      33,671 SF crane building with cultivation licenses.
      195 Campbell St, River Rouge, MI 48218
      View Details
    • $615,000

      Remodeled Multi-Unit Income Property

      Ten-unit property with steady income potential in River Rouge.
      71 E Great Lakes St, Detroit, MI 48218
      View Details

    Similar Nearby for Lease

    • $4 SF/Yr
      134,157 SF

      River Rouge Warehouse Space Available

      Large industrial warehouse space for lease in Michigan.
      1721 Pleasant St, River Rouge, MI 48218
      View Details
    • $5 SF/Yr
      54,177 SF

      River Rouge Warehouse - 54,177 SF

      Spacious industrial warehouse, ample parking.
      40 Haltiner St, River Rouge, MI 48218
      View Details
    • Contact for pricing
      6,500 SF

      Oak Park Retail Space Available

      Retail space in Oak Park with high traffic and visibility.
      22100 Coolidge Hwy, Oak Park, MI 48218
      View Details
    • $11 SF/Yr
      2,312 SF

      Oak Park Plaza Retail Space

      Retail space available in high-traffic Oak Park Plaza.
      23001 Coolidge Hwy, Oak Park, MI 48218
      View Details
    • $22 SF/Yr
      1 SF

      Retail Storefront in River Rouge

      Affordable commercial storefront with excellent visibility near schools and neighborhoods.
      288 Richter St, River Rouge, MI 48218
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    235 Burke St
    River Rouge, MI 48218
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.