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    Property profile & analytics

    20898 Harper Ave Harper Woods, MI 48225-1142

    • Turn key restaurants
    • 800 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-1143188
    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

    • Turn key restaurants

    Property Details for 20898 Harper Ave

    Year built
    1957
    Lot size
    0.09 lot acres
    Property size
    800 SF
    Zone code
    C-2
    Property type
    Turn key restaurants
    APN
    42 013 04 0112 000
    APU
    42013040112000

    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
    -82.915
    Latitude
    42.4491
    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
    $2,509
    $0.00
    $0.00
    $24,400
    -
    $0.00
    $0.00
    $48,800

    Comparable in this City

    • Value Estimation
      $70,000
      1,487 SF

      19524 Kelly Rd

      RESTAURANT • 1,487 SF
      19524 Kelly Rd, Harper Woods, MI 48225-1912
      View Details
    • Value Estimation by Request
      5,538 SF

      17810 Vernier Rd

      RESTAURANT • 5,538 SF
      17810 Vernier Rd, Harper Woods, MI 48225-1005
      View Details
    • Value Estimation by Request
      2,508 SF

      19101 Vernier Rd

      RESTAURANT • 2,508 SF
      19101 Vernier Rd, Harper Woods, MI 48225-1010
      View Details
    • Value Estimation by Request
      4,051 SF

      17800 Vernier Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,051 SF
      17800 Vernier Rd, Harper Woods, MI 48225-1005
      View Details
    • Value Estimation by Request
      2,847 SF

      20990 Harper Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,847 SF
      20990 Harper Ave, Harper Woods, MI 48225-1140
      View Details
    • Value Estimation by Request
      2,224 SF

      20912 Harper Ave

      BAR, TAVERN • 2,224 SF
      20912 Harper Ave, Harper Woods, MI 48225-1141
      View Details

    Similar Nearby for Sale

    • $265,000
      2,032 SF

      Harper Woods Diner Business Opportunity

      Turn-key diner business and real estate for sale in Harper Woods.
      19840 Kelly Rd, Detroit, MI 48225
      View Details
    • $799,999
      8,698 SF

      Harper Woods Executive Office Building

      8,698 SF Office/Retail Space - $799,999
      19748 Harper Ave, Harper Woods, MI 48225
      View Details
    • $701,250
      8,179 SF

      Harper Woods Retail Investment Opportunity

      Income-producing retail strip in high-traffic area near I-94.
      19558 Kelly Rd, Detroit, MI 48225
      View Details
    • $4,000,000

      Harper Woods Commercial Investment Property

      Leased property near redevelopment area, offering stable income.
      20570 Kelly Rd, Detroit, MI 48225
      View Details
    • $899,999

      High-Visibility Corner Mixed-Use Property

      Versatile mixed-use building in Harper Woods with high visibility.
      19898 Kelly Rd, Detroit, MI 48225
      View Details
    • $630,000

      Established Pay Day Loans Company

      Profitable pay day loan business for sale with recurring customers.
      19294 Kelly Rd, Detroit, MI 48225
      View Details
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    20898 Harper Ave
    Harper Woods, MI 48225-1142
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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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