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    Property profile & analytics

    26300 Michigan Ave Inkster, MI 48141-2463

    • Retail space
    • 3,433 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    $405,000
    Last Sale
    Jun 09, 2023
    $380,000
    Location Intelligence
    Property ID
    US43-1835082
    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

    • Retail space

    Property Details for 26300 Michigan Ave

    Year built
    1964
    Lot size
    0.21 lot acres
    Property size
    3,433 SF
    Property type
    Retail space
    APN
    44 018 03 0015 000
    APU
    44018030015000

    Description

    This exceptional commercial property, located at 26300 Michigan Avenue, Inkster, Michigan 48141, presents a unique investment opportunity. The single-story building, constructed in 1964, offers a total of 3,500 square feet of versatile space, ideally suited for a variety of retail uses. The property's zoning is Commercial, and it sits on a 0.21-acre lot, providing ample space for parking and potential expansion. The building's configuration includes warehouse, office, and showroom areas, offering flexibility for diverse business needs. Its location on Michigan Avenue ensures high visibility and accessibility, benefiting from significant traffic flow. The property's address is further identified by its cross streets, Fairbairn Street and Michigan Avenue. The Wayne County property features a single tenancy and is identified by APN 44018030015000. This is a rare chance to acquire a well-positioned retail space with significant potential in a thriving commercial area. All dimensions are approximate and should be independently verified.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $420,000

    • CAP approach

      CAP return
      Estimation
      6%
      $400,000
      6.5%
      $350,000
      7%
      $390,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $385,000
      Geo Method
      $335,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $400,000
      Retail
      $325,000
      Mixed-Use
      $445,000
      Hospitality
      $365,000
      Educational
      $415,000
      Residential Income
      $400,000
      Energy
      $410,000
      Income-Based Land
      $440,000
      Food Service
      $425,000

    Location Insight

    • Map
    • Local Demand
    City
    Inkster
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2974
    Latitude
    42.2964
    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
    $4,808
    $0.00
    $0.00
    $83,400
    -
    $0.00
    $0.00
    $166,800

    Comparable in this City

    • Value Estimation by Request
      600 SF

      3621 Harrison St

      RETAIL STORES (PERSONAL SERVICES) • 600 SF
      3621 Harrison St, Inkster, MI 48141-2950
      View Details
    • Value Estimation by Request
      2,400 SF

      27342 Michigan Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      27342 Michigan Ave, Inkster, MI 48141-2368
      View Details
    • Value Estimation by Request
      7,900 SF

      26831 Michigan Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,900 SF
      26831 Michigan Ave, Inkster, MI 48141-2331
      View Details
    • Value Estimation by Request
      8,768 SF

      27440 Michigan Ave

      RETAIL STORES (PERSONAL SERVICES) • 8,768 SF
      27440 Michigan Ave, Inkster, MI 48141-2264
      View Details
    • Value Estimation by Request
      4,170 SF

      27305 Michigan Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,170 SF
      27305 Michigan Ave, Inkster, MI 48141-2335
      View Details
    • Value Estimation
      $155,000
      1,320 SF

      27230 Michigan Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,320 SF
      27230 Michigan Ave, Inkster, MI 48141-2368
      View Details

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    Similar Nearby for Lease

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    • $99 SF/Yr
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      Freestanding Retail Building on Michigan

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    26300 Michigan Ave
    Inkster, MI 48141-2463
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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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