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    Property profile & analytics

    21 Washington St Oxford, MI 48371-4978

    • Turn key restaurants
    • 9,261 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    $880,000
    Last Sale
    Jan 05, 2024
    $885,000
    Location Intelligence
    Property ID
    US43-5251815
    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

    • Casa Real Inc / Mexican Restaurant / Restaurant
    • Edward Jones - Financial Advisor: Andrew Hunter, CFP® / Finance Broker / Investment Service

    Property Details for 21 Washington St

    Year built
    1900
    Lot size
    0.18 lot acres
    Property size
    9,261 SF
    Zone code
    BI
    Property type
    Turn key restaurants
    APN
    PO-04-27-202-044
    APU
    PO0427202044

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $885,000

    • CAP approach

      CAP return
      Estimation
      6%
      $880,000
      6.5%
      $790,000
      7%
      $910,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $770,000
      Geo Method
      $830,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,055,000
      Retail
      $1,005,000
      Mixed-Use
      $995,000
      Hospitality
      $885,000
      Educational
      $875,000
      Residential Income
      $905,000
      Energy
      $865,000
      Income-Based Land
      $920,000
      Food Service
      $915,000

    Location Insight

    • Map
    • Local Demand
    City
    Oxford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2649
    Latitude
    42.8241
    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
    $19,195
    $0.00
    $0.00
    $554,410
    -
    $0.00
    $0.00
    $1,108,820

    Comparable in this City

    • Value Estimation by Request
      11,483 SF

      700 Lapeer Rd

      RESTAURANT • 11,483 SF
      700 Lapeer Rd, Oxford, MI 48371-3615
      View Details
    • Value Estimation by Request
      3,218 SF

      1076 Lapeer Rd

      RESTAURANT • 3,218 SF
      1076 Lapeer Rd, Oxford, MI 48371-6100
      View Details
    • Value Estimation
      $345,000
      1,967 SF

      74 Washington St

      RESTAURANT • 1,967 SF
      74 Washington St, Oxford, MI 48371-4667
      View Details
    • Value Estimation
      $430,000
      1,669 SF

      1040 Lapeer Rd

      RESTAURANT • 1,669 SF
      1040 Lapeer Rd, Oxford, MI 48371-6100
      View Details
    • Value Estimation by Request
      3,341 SF

      1055 Lapeer Rd

      RESTAURANT • 3,341 SF
      1055 Lapeer Rd, Oxford, MI 48371-6101
      View Details
    • Value Estimation
      $100,000
      1,203 SF

      12 Washington St

      RESTAURANT • 1,203 SF
      12 Washington St, Oxford, MI 48371-4971
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,100 SF

      Oxford Village Freestanding Building

      Freestanding building in the heart of Oxford Village.
      75 N Washington St, Oxford, MI 48371
      View Details
    • $1,150,000
      0.06 Acres

      Downtown Oxford Retail & Apartments

      Mixed-use property, high ROI potential.
      6 Washington St, Oxford, MI 48371
      View Details
    • Contact for pricing
      11,180 SF

      Retail Space in Oxford Area

      Single tenant suite available in a well-maintained shopping center.
      971-983 S Lapeer Rd, Oxford, MI 48371
      View Details
    • Contact for pricing
      7,131 SF

      Oxford Retail Property For Sale

      Fully leased retail building in downtown Oxford.
      40 N Washington St, Oxford, MI 48371
      View Details
    • $465,000

      Retail Property on Lapeer Road

      Remodeled retail building with high traffic volume near downtown.
      691 S Lapeer Rd, Oxford, MI 48371
      View Details
    • $1,195,000

      M24 Corridor Manufacturing/Retail Opportunity

      Two buildings with manufacturing/retail space and storage on M24.
      1559 N Lapeer Rd, Oxford, MI 48371
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      12,742 SF

      Virtual Golf Simulator and Bar

      Established virtual golf simulator and bar available for rent.
      960-980 N Lapeer Rd, Oxford, MI 48371
      View Details
    • $28 SF/Yr
      19,611 SF

      Oxford Retail Center Opportunity

      Prime Oxford retail space available.
      565 Lapeer Rd, Oxford, MI 48371
      View Details
    • Contact for pricing
      1,384 SF

      Oxford Meijer Retail Space

      High-traffic in-store retail space.
      900 Lapeer Rd, Oxford, MI 48371
      View Details
    • $12 SF/Yr
      78,811 SF

      Oxford Mills Retail Center

      High-traffic Oxford, MI shopping center
      1350 Lapeer Rd, Oxford, MI 48371
      View Details
    • $15 SF/Yr
      59,743 SF

      Prime Retail Space, Oakland County

      High-traffic shopping center; spaces available
      158-182 Washington St, Oxford, MI 48371
      View Details
    • $15 SF/Yr
      207,073 SF

      High-Traffic Oxford Retail Opportunity

      Retail space in a high-traffic family entertainment venue.
      925 N Lapeer Rd, Oxford, MI 48371
      View Details
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    21 Washington St
    Oxford, MI 48371-4978
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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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