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    Property profile & analytics

    19233 Vernier Rd Harper Woods, MI 48225-1010

    • Retail space
    • 9,960 SF
    • 0.78 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 21, 2024
    Location Intelligence
    Property ID
    US43-0372678
    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

    • Retail space

    Property Details for 19233 Vernier Rd

    Year built
    1972
    Construction
    BRICK
    Lot size
    0.78 lot acres
    Property size
    9,960 SF
    Zone code
    C-2
    Property type
    Retail space
    APN
    42 012 01 0025 002
    APU
    42012010025002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Harper Woods
    County
    Wayne
    State
    Michigan
    Longitude
    -82.9313
    Latitude
    42.4501
    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
    $31,807
    $0.00
    $0.00
    $312,900
    -
    $0.00
    $0.00
    $625,800

    Comparable in this City

    • Value Estimation by Request
      5,259 SF

      19550 Kelly Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,259 SF
      19550 Kelly Rd, Harper Woods, MI 48225-1915
      View Details
    • Value Estimation by Request
      1,490 SF

      20928 Harper Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,490 SF
      20928 Harper Ave, Harper Woods, MI 48225-1141
      View Details
    • Value Estimation
      $65,000
      1,610 SF

      20924 Harper Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,610 SF
      20924 Harper Ave, Harper Woods, MI 48225-1141
      View Details
    • Value Estimation by Request
      1,600 SF

      19324 Kelly Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,600 SF
      19324 Kelly Rd, Harper Woods, MI 48225-1906
      View Details
    • Value Estimation by Request
      1,860 SF

      20936 Harper Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,860 SF
      20936 Harper Ave, Harper Woods, MI 48225-1141
      View Details
    • Value Estimation by Request
      8,006 SF

      19872 Kelly Rd

      RETAIL STORES (PERSONAL SERVICES) • 8,006 SF
      19872 Kelly Rd, Harper Woods, MI 48225-1918
      View Details

    Similar Nearby for Sale

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      Harper Woods Retail Investment Opportunity

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      Harper Woods Executive Office Building

      8,698 SF Office/Retail Space - $799,999
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    • $265,000
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      Harper Woods Diner Business Opportunity

      Turn-key diner business and real estate for sale in Harper Woods.
      19840 Kelly Rd, Harper Woods, MI 48225
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      Prime Harper Woods Medical Office

      3,230 SF Medical Office Building, NNN Lease
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    19233 Vernier Rd
    Harper Woods, MI 48225-1010
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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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