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    Property profile & analytics

    14241 Pennsylvania Rd Riverview, MI 48193-7510

    • Medical offices
    • 3,786 SF
    • 0.80 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 20, 2023
    Location Intelligence
    Property ID
    US43-1952472
    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 14241 Pennsylvania Rd

    Year built
    1970
    Lot size
    0.80 lot acres
    Property size
    3,786 SF
    Zone code
    OS1-OFF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    51 001 99 0004 707
    APU
    51001990004707

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Riverview
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1974
    Latitude
    42.1843
    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
    2021
    $11,686
    $0.00
    $0.00
    $198,400
    -
    $0.00
    $0.00
    $396,800

    Comparable in this City

    • Value Estimation by Request
      2,760 SF

      18761 Ft St

      MEDICAL BUILDING • 2,760 SF
      18761 Ft St, Riverview, MI 48193-7444
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    • Value Estimation by Request
      1,972 SF

      17515 Ft St

      MEDICAL BUILDING • 1,972 SF
      17515 Ft St, Riverview, MI 48193-6630
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    • Value Estimation by Request
      1,563 SF

      17171 Ft St

      MEDICAL BUILDING • 1,563 SF
      17171 Ft St, Riverview, MI 48193-6629
      View Details
    • Value Estimation by Request
      12,380 SF

      18236 Ft St

      MEDICAL BUILDING • 12,380 SF
      18236 Ft St, Riverview, MI 48193-7439
      View Details
    • Value Estimation
      $105,000
      1,200 SF

      18263 Ft St

      MEDICAL BUILDING • 1,200 SF
      18263 Ft St, Riverview, MI 48193-7434
      View Details
    • Value Estimation by Request
      1,843 SF

      12611 Pennsylvania Rd

      MEDICAL BUILDING • 1,843 SF
      12611 Pennsylvania Rd, Riverview, MI 48193-4224
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Prime Downriver location, fully equipped, liquor license included.
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    • $95,000
      1.00 Acre

      Riverview Commercial Land - $95K

      Prime 1-acre development site in Riverview, MI.
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    • Contact for pricing
      135.00 Acres

      135 Acres Brownstown Charter Township

      Prime Commercial Land, High Visibility
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    Similar Nearby for Lease

    • $25 SF/Yr
      1,200 SF

      Medical Office Near Beaumont Hospital

      Single-story medical office in excellent condition, built in 2008.
      14720 King Rd, Riverview, MI 48193
      View Details
    • Contact for pricing
      1,731 SF

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      18555 Fort St, Riverview, MI 48193
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    • Contact for pricing
      1 SF

      Southgate Commercial Land Opportunity

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    • $2,000 /Mo
      1,905 SF

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      Clean, updated 2-story condo in Brownstown with garage.
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    • $16 SF/Yr
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      Prime Retail Space Available

      1,800 SF retail space in Riverview, Michigan.
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    • Contact for pricing
      29,843 SF

      Riverview Retail Space For Lease

      Prime Riverview location, multiple spaces available.
      17020-17124 Fort St, Riverview, MI 48193
      View Details
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    Riverview, MI 48193-7510
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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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