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    Property profile & analytics

    3165 12th Mile Rd Berkley, MI 48072-1339

    • Retail space
    • 1,558 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 12, 2022
    Location Intelligence
    Property ID
    US43-1844314
    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 3165 12th Mile Rd

    Year built
    1925
    Lot size
    0.05 lot acres
    Property size
    1,558 SF
    Zone code
    BI
    Property type
    Retail space
    APN
    04-25-18-203-004
    APU
    42518203004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Berkley
    County
    Oakland
    State
    Michigan
    Longitude
    -83.191
    Latitude
    42.5028
    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
    $4,091
    $0.00
    $0.00
    $83,100
    -
    $0.00
    $0.00
    $166,200

    Comparable in this City

    • Value Estimation by Request
      3,265 SF

      28913-28997 Woodward Ave

      Individual retail properties • 3,265 SF
      28913-28997 Woodward Ave, Berkley, MI 48072
      View Details
    • Value Estimation by Request
      4,209 SF

      2222 11th Mile Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,209 SF
      2222 11th Mile Rd, Berkley, MI 48072-3048
      View Details
    • Value Estimation by Request
      12,188 SF

      3018 12th Mile Rd

      RETAIL STORES (PERSONAL SERVICES) • 12,188 SF
      3018 12th Mile Rd, Berkley, MI 48072-1302
      View Details
    • Value Estimation by Request
      1,500 SF

      3948 12th Mile Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,500 SF
      3948 12th Mile Rd, Berkley, MI 48072-1118
      View Details
    • Value Estimation by Request
      808 SF

      3360 12th Mile Rd

      RETAIL STORES (PERSONAL SERVICES) • 808 SF
      3360 12th Mile Rd, Berkley, MI 48072-1344
      View Details
    • Value Estimation by Request
      5,825 SF

      3730 12th Mile Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,825 SF
      3730 12th Mile Rd, Berkley, MI 48072-1114
      View Details

    Similar Nearby for Sale

    • $3,600,000
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      Prime Retail Location with Business

      Freestanding building with parking, business, and investment opportunity.
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    • $349,900

      Downtown Berkley Retail Opportunity

      Retail or office space in downtown Berkley with parking.
      4111 12 Mile Rd, Berkley, MI 48072
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    • $479,900

      Prime Retail Location in Berkley

      Retail or office space in downtown Berkley with high traffic.
      4105 12 Mile Rd, Berkley, MI 48072
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    • $5,900,000
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      Berkley Industrial Giant

      Prime Berkley location, 69,878 sq ft.
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    Similar Nearby for Lease

    • Contact for pricing
      10,000 SF

      Prime Berkley Retail/Restaurant/Medical Space

      Prime downtown Berkley location suitable for retail, restaurant, or medical.
      3642-3646 12 Mile Rd, Berkley, MI 48072
      View Details
    • $20 SF/Yr
      3,600 SF

      Downtown Berkley Retail Space

      Premier location with high foot traffic and parking.
      3145 12 Mile Rd, Berkley, MI 48072
      View Details
    • $28 SF/Yr
      3,265 SF

      Berkley Square Medical Office Space

      Prime Oakland County medical office suite.
      28913-28997 Woodward Ave, Berkley, MI 48072
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    • Contact for pricing
      7,635 SF

      Coolidge Hwy Multi-Use Property

      Berkley, MI: Versatile Space Available
      3142 Coolidge Hwy, Berkley, MI 48072
      View Details
    • Contact for pricing
      36,000 SF

      Medical Suites and Office Space

      Medical and office spaces available near Beaumont Health Royal Oak.
      1695 W 12 Mile Rd, Berkley, MI 48072
      View Details
    • $28 SF/Yr
      2,200 SF

      Office Space with Excellent Visibility

      Office space for rent with good parking and visibility.
      28913 Woodward Ave, Berkley, MI 48072
      View Details
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    Berkley, MI 48072-1339
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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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