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    Property profile & analytics

    24520 Chrysler Dr Hazel Park, MI 48030-1016

    • Specialty properties
    • 45,366 SF
    • 2.57 lot acres
    OFF-MARKET
    Value Estimation
    $1,095,000
    Last Sale
    Jan 05, 2023
    $1,000,000
    Location Intelligence
    Property ID
    US43-1248654
    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

    • Landmark Church / Church
    • Pastor Allen at Calvary Baptist Church / Baptist Church
    • Shannon Creative Images / Portrait Studio

    Property Details for 24520 Chrysler Dr

    Year built
    1950
    Lot size
    2.57 lot acres
    Property size
    45,366 SF
    Zone code
    ME
    Property type
    Specialty properties
    APN
    28-25-26-229-026
    APU
    282526229026

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,145,000

    • CAP approach

      CAP return
      Estimation
      6%
      $950,000
      6.5%
      $1,050,000
      7%
      $965,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,020,000
      Geo Method
      $1,000,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,120,000
      Retail
      $995,000
      Mixed-Use
      $825,000
      Hospitality
      $850,000
      Educational
      $885,000
      Residential Income
      $890,000
      Energy
      $890,000
      Income-Based Land
      $1,010,000
      Food Service
      $1,050,000

    Location Insight

    • Map
    • Local Demand
    City
    Hazel Park
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1091
    Latitude
    42.4734
    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
    $22,758
    $0.00
    $0.00
    $214,330
    -
    $0.00
    $0.00
    $428,660

    Comparable in this City

    • Value Estimation by Request
      3,408 SF

      23610 John R Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 3,408 SF
      23610 John R Rd, Hazel Park, MI 48030-1411
      View Details
    • Value Estimation
      $155,000
      1,200 SF

      22635 Chrysler Dr

      VETERINARY, ANIMAL HOSPITAL • 1,200 SF
      22635 Chrysler Dr, Hazel Park, MI 48030-1705
      View Details
    • Value Estimation
      $165,000
      1,441 SF

      22643 Chrysler Dr

      VETERINARY, ANIMAL HOSPITAL • 1,441 SF
      22643 Chrysler Dr, Hazel Park, MI 48030-1705
      View Details
    • Value Estimation by Request
      7,948 SF

      23136 Hughes Ave

      CHARITABLE ORGANIZATION • 7,948 SF
      23136 Hughes Ave, Hazel Park, MI 48030-1500
      View Details
    • Value Estimation by Request
      1,716 SF

      23428 John R Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 1,716 SF
      23428 John R Rd, Hazel Park, MI 48030-3703
      View Details
    • Value Estimation by Request
      4,544 SF

      619 9th Mile Rd

      FUNERAL HOME • 4,544 SF
      619 9th Mile Rd, Hazel Park, MI 48030-1836
      View Details

    Similar Nearby for Sale

    • $1,200,000

      Hazel Park Specialty Property

      Specialty property available for sale in Hazel Park, Michigan.
      23831 John R Rd, Hazel Park, MI 48030
      View Details
    • Contact for pricing

      Dequindre Rd Retail Investment Opportunity

      Retail property with long-term lease and income potential.
      20721 Dequindre Rd, Hazel Park, MI 48030
      View Details
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      Vacant Lot Prime Location

      Vacant lot suitable for new construction, close to expressways.
      000 W Muir Ave, Hazel Park, MI 48030
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    • $369,700

      Renovated Commercial Space on Dequindre

      Renovated commercial space with garage, office, and fenced yard.
      22711 Dequindre Rd, Hazel Park, MI 48030
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    • $399,900
      2,550 SF

      Hazel Park Flex Space Property

      Flex space property with office and shop areas for sale.
      407 W 9 Mile Rd, Hazel Park, MI 48030
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    • Contact for pricing
      0.15 Acres

      Buildable Lot in Hazel Park

      Vacant land in Hazel Park, MI, ready for development.
      0000 W Milton Ave, Hazel Park, MI 48030
      View Details

    Similar Nearby for Lease

    • $27 SF/Yr
      1,534 SF

      Hazel Park Retail Space For Lease

      1,534 SF Free-Standing Retail, Culinary District
      23725 John R Rd, Hazel Park, MI 48030
      View Details
    • Contact for pricing
      42,402 SF

      Gateway Crossings Retail Center

      Hazel Park, MI: Prime Retail Space Available
      1727-1839 8 Mile Rd, Hazel Park, MI 48030
      View Details
    • Contact for pricing
      2,600 SF

      Hazel Park Retail Plaza

      High-traffic retail space available
      1142-1182 9 Mile Rd, Hazel Park, MI 48030
      View Details
    • $595,000
      1,790 SF

      Turnkey Automotive Dealership and Shop

      Operating automotive dealership and mechanic shop for sale or lease.
      37 W 10 Mile Rd, Hazel Park, MI 48030
      View Details
    • $7 SF/Yr
      13,600 SF

      Hazel Park Warehouse Space Available

      13,600 sq ft warehouse space for lease.
      1796 East 9 Mile Rd, Hazel Park, MI 48030
      View Details
    • New
      $1,500 /Mo
      2,282 SF

      Hazel Park Commercial Space Available

      Versatile commercial space suitable for various business types.
      21738 John R Rd, Hazel Park, MI 48030
      View Details
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    Hazel Park, MI 48030-1016
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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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