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    Property profile & analytics

    24135 Joy Rd Dearborn Heights, MI 48127-4503

    • Grocery and convenience stores
    • 17,580 SF
    • 1.80 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-1648977
    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

    • Randazzo / Grocery Store
    • Joe Randazzo's Fruit & Vegetable Inc. / Grocery Store / Fruit And Vegetable Store
    • Fan 4 / Bar

    Property Details for 24135 Joy Rd

    Year built
    1959
    Lot size
    1.80 lot acres
    Property size
    17,580 SF
    Property type
    Grocery and convenience stores
    APN
    33 003 01 0753 000
    APU
    33003010753000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dearborn Heights
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2761
    Latitude
    42.3565
    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
    $35,651
    $0.00
    $0.00
    $693,000
    -
    $0.00
    $0.00
    $1,386,000

    Comparable in this City

    • Value Estimation by Request
      2,974 SF

      27380 Cherry Hl Rd

      CONVENIENCE STORE • 2,974 SF
      27380 Cherry Hl Rd, Dearborn Heights, MI 48127-3678
      View Details
    • Value Estimation by Request
      3,324 SF

      8438 Telegraph Rd

      CONVENIENCE STORE • 3,324 SF
      8438 Telegraph Rd, Dearborn Heights, MI 48127-1437
      View Details
    • Value Estimation
      $455,000
      2,304 SF

      25827 Warren St

      CONVENIENCE STORE • 2,304 SF
      25827 Warren St, Dearborn Heights, MI 48127-2015
      View Details
    • Value Estimation by Request
      2,030 SF

      24546 Frd Rd

      CONVENIENCE STORE • 2,030 SF
      24546 Frd Rd, Dearborn Heights, MI 48127-3110
      View Details
    • Value Estimation by Request
      3,315 SF

      27349 Joy Rd

      CONVENIENCE STORE • 3,315 SF
      27349 Joy Rd, Dearborn Heights, MI 48127-1022
      View Details
    • Value Estimation by Request
      3,430 SF

      6235 Telegraph Rd

      CONVENIENCE STORE • 3,430 SF
      6235 Telegraph Rd, Dearborn Heights, MI 48127-3222
      View Details

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    • New
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    Similar Nearby for Lease

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      Second-floor commercial unit suitable for retail, office, or creative use.
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    • $2,650 /Mo

      Retail Space on Telegraph Road

      Retail space available in Dearborn Heights with prime frontage.
      8125 N Telegraph Rd, Dearborn Heights, MI 48127
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    • $2,750 /Mo
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      Dearborn Heights Retail/Office Space

      Prime location suitable for retail, restaurant, hair salon, or office.
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      Dearborn Heights Office/Retail Space

      Versatile commercial unit in a desirable Dearborn Heights location.
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    Property Visit Statistics

    • Visits by month
      7.4k
    • Visitors by month
      6.1k
    • Avg Time on site
      14 min
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    24135 Joy Rd
    Dearborn Heights, MI 48127-4503
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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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