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    Property profile & analytics

    28111 Waltz Rd New Boston, MI 48164-9320

    • Auto shops
    • 13,816 SF
    • 2.72 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 03, 2021
    Location Intelligence
    Property ID
    US43-1265343
    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

    • Waltz Garage / Junkyard / Car Dealer
    • Joels Car Exhibition / Junkyard

    Property Details for 28111 Waltz Rd

    Year built
    1915
    Lot size
    2.72 lot acres
    Property size
    13,816 SF
    Zone code
    R3 SING
    Property type
    Auto shops
    APN
    75 126 99 0004 002
    APU
    75126990004002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Boston
    County
    Wayne
    State
    Michigan
    Longitude
    -83.392
    Latitude
    42.1013
    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
    $9,297
    $0.00
    $0.00
    $204,800
    -
    $0.00
    $0.00
    $409,600

    Comparable in this City

    • Value Estimation by Request
      3,962 SF

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      58,812 SF

      24200 Bell Rd

      AUTO REPAIR, GARAGE • 58,812 SF
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      1,734 SF

      36525 Sibley Rd

      AUTO REPAIR, GARAGE • 1,734 SF
      36525 Sibley Rd, New Boston, MI 48164-9505
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    • Value Estimation by Request
      2,057 SF

      27996 Waltz Rd

      AUTO REPAIR, GARAGE • 2,057 SF
      27996 Waltz Rd, New Boston, MI 48164-9321
      View Details
    • Value Estimation by Request
      2,720 SF

      2370 Oakville Waltz Rd

      AUTO REPAIR, GARAGE • 2,720 SF
      2370 Oakville Waltz Rd, New Boston, MI 48164-9698
      View Details
    • Value Estimation by Request
      3,289 SF

      24354 Middlebelt Rd

      AUTO REPAIR, GARAGE • 3,289 SF
      24354 Middlebelt Rd, New Boston, MI 48164-9487
      View Details

    Similar Nearby for Sale

    • $650,000

      Turnkey Business Opportunity For Sale

      Fully operational business with endless potential in prime location.
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    • $595,000
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    • $299,900
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      Oakville Waltz: 8-Acre Development Site

      Prime Commercial/Residential Land, $299,900
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    • $375,000
      7.74 Acres

      7.74 Acres Industrial Land, Romulus, MI

      Heavy industrial land, I-2 zoning, prime location.
      0 7.74 Acres On Pennsylvania Rd, Romulus, MI 48164
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    • Contact for pricing
      120,120 SF

      Romulus Shovel Ready Site

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    28111 Waltz Rd
    New Boston, MI 48164-9320
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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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