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    Property profile & analytics

    303 Main St Milford, MI 48381-2356

    • Grocery and convenience stores
    • 2,391 SF
    • 0.80 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 29, 2023
    Location Intelligence
    Property ID
    US43-0121073
    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

    • Grocery and convenience stores

    Property Details for 303 Main St

    Year built
    1955
    Lot size
    0.80 lot acres
    Property size
    2,391 SF
    Zone code
    BI
    Property type
    Grocery and convenience stores
    APN
    LM-16-11-304-015
    APU
    LM1611304015

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.6
    Latitude
    42.585
    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
    $11,259
    $0.00
    $0.00
    $315,700
    -
    $0.00
    $0.00
    $631,400

    Comparable in this City

    • Value Estimation by Request
      3,302 SF

      130 Liberty St

      GROCERY, SUPERMARKET • 3,302 SF
      130 Liberty St, Milford, MI 48381-1955
      View Details
    • Value Estimation by Request
      2,387 SF

      105 Milford Rd

      GROCERY, SUPERMARKET • 2,387 SF
      105 Milford Rd, Milford, MI 48381-2758
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    • Value Estimation by Request
      117,504 SF

      510 Highland Ave

      GROCERY, SUPERMARKET • 117,504 SF
      510 Highland Ave, Milford, MI 48381-1516
      View Details
    • Value Estimation by Request
      7,932 SF

      2055 Milford Rd

      GROCERY, SUPERMARKET • 7,932 SF
      2055 Milford Rd, Milford, MI 48381-3155
      View Details
    • Value Estimation by Request
      3,250 SF

      110 Milford Rd

      GROCERY, SUPERMARKET • 3,250 SF
      110 Milford Rd, Milford, MI 48381-2741
      View Details
    • Value Estimation by Request
      41,240 SF

      31250 Milford Rd

      RETAIL STORES (PERSONAL SERVICES) • 41,240 SF
      31250 Milford Rd, Milford, MI 48381-3762
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Downtown Milford Retail Center

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      Medical/Dental/Office Building in Milford

      Medical/dental/office building for sale in Milford, Michigan.
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    Similar Nearby for Lease

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    • $8 SF/Yr
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      Industrial Space with Crane Access

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      Milford Office & Medical Suites

      Versatile office and medical suites for lease in Milford, MI.
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    • $11 SF/Yr
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      6,300 sq ft contractor building with outdoor storage.
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    • $21 SF/Yr
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      Milford Medical Office Building

      Modern medical office, fully vacant, 3,500 sq ft.
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      View Details
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    303 Main St
    Milford, MI 48381-2356
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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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