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    Property profile & analytics

    1331 14th Mile Rd Madison Heights, MI 48071-1056

    • Motels
    • 41,192 SF
    • 1.70 lot acres
    OFF-MARKET
    Value Estimation
    $2,285,000
    Last Sale
    Nov 09, 2021
    $2,200,000
    Location Intelligence
    Property ID
    US43-1512193
    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

    • Motels

    Property Details for 1331 14th Mile Rd

    Year built
    1988
    Lot size
    1.70 lot acres
    Property size
    41,192 SF
    Zone code
    B-3 GEN
    Property type
    Motels
    APN
    44-25-02-101-065
    APU
    442502101065

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,320,000
      6.5%
      $2,350,000
      7%
      $2,015,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,380,000
      Geo Method
      $2,300,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,775,000
      Retail
      $2,025,000
      Mixed-Use
      $2,205,000
      Hospitality
      $2,335,000
      Educational
      $2,085,000
      Residential Income
      $1,815,000
      Energy
      $1,930,000
      Income-Based Land
      $1,860,000
      Food Service
      $2,220,000

    Location Insight

    • Map
    • Local Demand
    City
    Madison Heights
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1229
    Latitude
    42.5324
    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
    $55,639
    $0.00
    $0.00
    $1,099,320
    -
    $0.00
    $0.00
    $2,198,640

    Comparable in this City

    • Value Estimation by Request
      7,013 SF

      32703 Stephenson Hwy

      MOTEL • 7,013 SF
      32703 Stephenson Hwy, Madison Heights, MI 48071-5527
      View Details
    • Value Estimation by Request
      8,114 SF

      27746 John R Rd

      MOTEL • 8,114 SF
      27746 John R Rd, Madison Heights, MI 48071-3365
      View Details
    • Value Estimation by Request
      52,455 SF

      32800 Stephenson Hwy

      MOTEL • 52,455 SF
      32800 Stephenson Hwy, Madison Heights, MI 48071-5524
      View Details
    • Value Estimation by Request
      14,818 SF

      32703 Stephenson Hwy

      MOTEL • 14,818 SF
      32703 Stephenson Hwy, Madison Heights, MI 48071-5527
      View Details
    • Value Estimation by Request
      31,275 SF

      32700 Barrington St

      MOTEL • 31,275 SF
      32700 Barrington St, Madison Heights, MI 48071-1346
      View Details
    • Value Estimation by Request
      32,640 SF

      32511 Concord Dr

      MOTEL • 32,640 SF
      32511 Concord Dr, Madison Heights, MI 48071-1141
      View Details

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    Similar Nearby for Lease

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      Madison Heights Office Space Available

      Office spaces available in Madison Heights, near I-75.
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      Commercial property available for rent in Madison Heights, Michigan.
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      Madison Heights Office Space Available

      Office space for rent in Madison Heights, Michigan.
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    Property Visit Statistics

    • Visits by month
      3.9k
    • Visitors by month
      1.4k
    • Avg Time on site
      603 min
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    Madison Heights, MI 48071-1056
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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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