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    Property profile & analytics

    37015 Pennsylvania Rd New Boston, MI 48164-9372

    • Manufacturing properties
    • 31,375 SF
    • 9.63 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 20, 2022
    Location Intelligence
    Property ID
    US43-1116933
    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

    • Manufacturing properties

    Property Details for 37015 Pennsylvania Rd

    Year built
    1997
    Lot size
    9.63 lot acres
    Property size
    31,375 SF
    Zone code
    I1 LIGH
    Property type
    Manufacturing properties
    APN
    75 018 99 0003 000
    APU
    75018990003000

    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
    -83.4009
    Latitude
    42.1793
    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
    $47,049
    $0.00
    $0.00
    $829,500
    -
    $0.00
    $0.00
    $1,659,000

    Comparable in this City

    • Value Estimation by Request
      47,289 SF

      36485 Huron Rd

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    • Value Estimation by Request
      12,000 SF

      22100 Huron Township Ct

      MANUFACTURING (LIGHT) • 12,000 SF
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    • Value Estimation
      $245,000
      2,740 SF

      36427 Sibley Rd

      MANUFACTURING (LIGHT) • 2,740 SF
      36427 Sibley Rd, New Boston, MI 48164-9116
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    • Value Estimation by Request
      576,545 SF

      23400 Bell Rd

      MANUFACTURING (LIGHT) • 576,545 SF
      23400 Bell Rd, New Boston, MI 48164-9183
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    • Value Estimation by Request
      284,662 SF

      36211 Huron Rd

      MANUFACTURING (LIGHT) • 284,662 SF
      36211 Huron Rd, New Boston, MI 48164-9513
      View Details
    • Value Estimation by Request
      24,225 SF

      36506 Sibley Rd

      MANUFACTURING (LIGHT) • 24,225 SF
      36506 Sibley Rd, New Boston, MI 48164-9290
      View Details

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    37015 Pennsylvania Rd
    New Boston, MI 48164-9372
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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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