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    Property profile & analytics

    10248 Jefferson Ave River Rouge, MI 48218-1321

    • Medical offices
    • 3,157 SF
    • 0.38 lot acres
    OFF-MARKET
    Value Estimation
    $70,000
    Last Sale
    May 05, 2025
    $73,000
    Location Intelligence
    Property ID
    US43-1297798
    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

    • Medical offices

    Property Details for 10248 Jefferson Ave

    Year built
    1964
    Lot size
    0.38 lot acres
    Property size
    3,157 SF
    Zone code
    B2 GEN
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    50 007 11 0003 001
    APU
    50007110003001

    Description

    This exceptional 3,157 square foot executive office building, situated on a 0.38-acre lot at 10248 W Jefferson Ave in River Rouge, Michigan (48218), presents a rare opportunity. Built in 1964 and meticulously updated, this single-story structure boasts a desirable location just minutes from downtown Detroit. The property is zoned for commercial use and features ample parking, making it highly convenient for employees and clients. The interior is completely modernized and ready for immediate occupancy. Key features include three bathrooms, a mini-kitchen, multiple private offices, and shared meeting spaces, providing a functional and comfortable workspace. The asking price is $350,000, translating to $111 per square foot. This turnkey property is ideal for a variety of businesses seeking a well-maintained, updated space in a prime commercial area. The property's APN is 50007110003001. Its strategic location on Jefferson Avenue offers excellent visibility and accessibility, making it an attractive investment for discerning buyers. The building's modern amenities and convenient features combine to create a highly desirable commercial property. Don't miss this chance to acquire a truly exceptional turnkey office building in a high-demand location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $65,000

    • CAP approach

      CAP return
      Estimation
      6%
      $75,000
      6.5%
      $70,000
      7%
      $80,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $85,000
      Geo Method
      $75,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $75,000
      Retail
      $85,000
      Mixed-Use
      $85,000
      Hospitality
      $80,000
      Educational
      $70,000
      Residential Income
      $70,000
      Energy
      $85,000
      Income-Based Land
      $90,000
      Food Service
      $90,000

    Location Insight

    • Map
    • Local Demand
    City
    River Rouge
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1318
    Latitude
    42.2775
    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
    $10,087
    $0.00
    $0.00
    $97,200
    -
    $0.00
    $0.00
    $194,400

    Comparable in this City

    • Value Estimation by Request
      3,264 SF

      310 Visger Rd

      MEDICAL BUILDING • 3,264 SF
      310 Visger Rd, River Rouge, MI 48218-1037
      View Details
    • Value Estimation by Request
      4,525 SF

      1789 Coolidge Hwy

      OFFICE BUILDING • 4,525 SF
      1789 Coolidge Hwy, River Rouge, MI 48218-1052
      View Details
    • Value Estimation by Request
      2,080 SF

      60 Haltiner St

      OFFICE BUILDING • 2,080 SF
      60 Haltiner St, River Rouge, MI 48218-1259
      View Details
    • Value Estimation by Request
      6,470 SF

      109 Pleasant St

      OFFICE BUILDING • 6,470 SF
      109 Pleasant St, River Rouge, MI 48218-1106
      View Details
    • Value Estimation by Request
      2,565 SF

      261 Burke St

      OFFICE BUILDING • 2,565 SF
      261 Burke St, River Rouge, MI 48218-1481
      View Details
    • Value Estimation by Request
      5,879 SF

      11424 Jefferson Ave

      OFFICE BUILDING • 5,879 SF
      11424 Jefferson Ave, River Rouge, MI 48218-1256
      View Details

    Similar Nearby for Sale

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      Spacious commercial property with potential in a growing area.
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      River Rouge Storefront - $295,000

      Prime Retail/Warehouse Opportunity in River Rouge
      11287 Jefferson Ave, River Rouge, MI 48218
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    • $975,000

      Land on Rouge River

      Land with rail access and deep water boat dock.
      12200 Pleasant St, Detroit, MI 48218
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    Similar Nearby for Lease

    • $4 SF/Yr
      134,157 SF

      River Rouge Warehouse Space Available

      Large industrial warehouse space for lease in Michigan.
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    • $5 SF/Yr
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      River Rouge Warehouse - 54,177 SF

      Spacious industrial warehouse, ample parking.
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    • 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
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    • $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
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    • $22 SF/Yr
      1 SF

      Retail Storefront in River Rouge

      Affordable commercial storefront with excellent visibility near schools and neighborhoods.
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      View Details
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    River Rouge, MI 48218-1321
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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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