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Property profile & analytics

2560 Oakwood Blvd Melvindale, MI 48122-1349

  • Retail space
  • 1,339 SF
  • 0.18 lot acres
OFF-MARKET
Value Estimation
$115,000
Last Sale
Mar 28, 2022
$100,000
Location Intelligence
Property ID
US43-2274043
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

  • Sanaa Fresh Market / Grocery Store / Smoke Shop

Property Details for 2560 Oakwood Blvd

Lot size
0.18 lot acres
Property size
1,339 SF
Zone code
C2 GEN
Property type
Retail space
APN
47 001 01 0038 001
APU
47001010038001

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $120,000
  • CAP approach

    CAP return
    Estimation
    6%
    $100,000
    6.5%
    $100,000
    7%
    $105,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $115,000
    Geo Method
    $95,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $125,000
    Retail
    $120,000
    Mixed-Use
    $100,000
    Hospitality
    $130,000
    Educational
    $115,000
    Residential Income
    $115,000
    Energy
    $100,000
    Income-Based Land
    $115,000
    Food Service
    $110,000

Location Insight

  • Map
  • Local Demand
City
Melvindale
County
Wayne
State
Michigan
Longitude
-83.1671
Latitude
42.2846
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
$3,764
$0.00
$0.00
$43,200
-
$0.00
$0.00
$86,400
More about this property
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