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    Property profile & analytics

    23738 Joy Rd Redford, MI 48239-1211

    • Medical offices
    • 2,105 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 07, 2021
    Location Intelligence
    Property ID
    US43-4633474
    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 23738 Joy Rd

    Year built
    1955
    Construction
    BRICK
    Lot size
    0.22 lot acres
    Property size
    2,105 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    79 050 03 0169 000
    APU
    79050030169000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Redford
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2723
    Latitude
    42.3572
    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
    2019
    $7,197
    $0.00
    $0.00
    $111,300
    -
    $0.00
    $0.00
    $222,600

    Comparable in this City

    • Value Estimation by Request
      3,000 SF

      27144 Joy Rd

      MEDICAL BUILDING • 3,000 SF
      27144 Joy Rd, Redford, MI 48239-2368
      View Details
    • Value Estimation
      $165,000
      2,400 SF

      25845 Plymouth Rd

      MEDICAL BUILDING • 2,400 SF
      25845 Plymouth Rd, Redford, MI 48239-2101
      View Details
    • Value Estimation by Request
      6,228 SF

      27025 Plymouth Rd

      MEDICAL BUILDING • 6,228 SF
      27025 Plymouth Rd, Redford, MI 48239-2343
      View Details
    • Value Estimation
      $140,000
      1,824 SF

      24781 5th Mile Rd

      MEDICAL BUILDING • 1,824 SF
      24781 5th Mile Rd, Redford, MI 48239-3632
      View Details
    • Value Estimation by Request
      5,346 SF

      24224 Joy Rd

      MEDICAL BUILDING • 5,346 SF
      24224 Joy Rd, Redford, MI 48239-1215
      View Details
    • Value Estimation by Request
      3,793 SF

      14501 Telegraph Rd

      MEDICAL BUILDING • 3,793 SF
      14501 Telegraph Rd, Redford, MI 48239-3370
      View Details

    Similar Nearby for Sale

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      Commercial building with parking lot in high-traffic area.
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    • $150,000

      Corner Commercial Building with Parking

      Updated commercial building with high traffic and parking lot.
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    • $410,000

      Executive Office Suite in Redford

      Prime Redford Office Space, $410,000
      27010 Joy Rd, Redford Charter Township, MI 48239
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    Similar Nearby for Lease

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      826,240 SF

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      Rare Infill Warehouse Space For Lease in Redford
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    • $3,500 /Mo

      High-Visibility Office Space Available

      Well-maintained office space with high traffic and signage potential.
      23842 Joy Rd, Redford, MI 48239
      View Details
    • $950 /Mo

      Remodeled Salon and Office Suites

      Multi-suite space with utilities included and on-site management.
      15510 S Telegraph Rd N 1, Redford, MI 48239
      View Details
    • $6,000 /Mo
      3,919 SF

      Former Bank Building on Five Mile

      Prime commercial space in Redford, suitable for various businesses.
      26095 5 Mile Rd, Redford, MI 48239
      View Details
    • $2 SF/Yr
      60,000 SF

      Industrial Space Near Major Freeways

      Up to 60,000 SF available near Southfield and Jeffries Freeways.
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    • $7 SF/Yr
      11,097 SF

      Industrial Space with Cranes

      12,000 SF industrial space for sale or lease.
      12221 Dixie, Redford, MI 48239
      View Details
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    23738 Joy Rd
    Redford, MI 48239-1211
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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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