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    Property profile & analytics

    367 Main St Milford, MI 48381-1959

    • Retail space
    • 3,358 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-1849282
    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 367 Main St

    Year built
    1886
    Lot size
    0.05 lot acres
    Property size
    3,358 SF
    Zone code
    BI
    Property type
    Retail space
    APN
    LM-16-10-278-041
    APU
    LM1610278041

    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
    -83.6006
    Latitude
    42.5905
    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
    $7,774
    $0.00
    $0.00
    $171,710
    -
    $0.00
    $0.00
    $343,420

    Comparable in this City

    • 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
    • Value Estimation by Request
      13,706 SF

      414 Main St

      RETAIL STORES (PERSONAL SERVICES) • 13,706 SF
      414 Main St, Milford, MI 48381-1958
      View Details
    • Value Estimation by Request
      1,824 SF

      369 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,824 SF
      369 Main St, Milford, MI 48381-1959
      View Details
    • Value Estimation by Request
      5,678 SF

      417 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,678 SF
      417 Main St, Milford, MI 48381-1960
      View Details
    • Value Estimation by Request
      11,200 SF

      750 General Motors Rd

      RETAIL STORES (PERSONAL SERVICES) • 11,200 SF
      750 General Motors Rd, Milford, MI 48381-2220
      View Details
    • Value Estimation by Request
      4,488 SF

      440 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,488 SF
      440 Main St, Milford, MI 48381-1958
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      132 SF

      Grocery Anchored Shopping Center Space

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      Downtown Milford Retail Center

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      Prime Milford Road Commercial Land

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      Prime Milford Commercial Land

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    • Contact for pricing
      5,250 SF

      Milford Warehouse Space Available

      5,250 SF warehouse space for sale in Milford, MI.
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    Similar Nearby for Lease

    • $24 SF/Yr
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    • $8 SF/Yr
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    • $14 SF/Yr
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      Milford Office & Medical Suites

      Versatile office and medical suites for lease in Milford, MI.
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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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    367 Main St
    Milford, MI 48381-1959
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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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