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    Property profile & analytics

    38 5th St Belleville, MI 48111-2614

    • Office buildings
    • 1,913 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 14, 2021
    Location Intelligence
    Property ID
    US43-4980765
    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

    • Detlor Insurance Agency, Inc. / Insurance Company / Life Insurance Agency

    Property Details for 38 5th St

    Lot size
    0.14 lot acres
    Property size
    1,913 SF
    Property type
    Office buildings
    APN
    31 084 01 0268 000
    APU
    31084010268000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Belleville
    County
    Wayne
    State
    Michigan
    Longitude
    -83.4916
    Latitude
    42.2094
    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
    $4,348
    $0.00
    $0.00
    $90,400
    -
    $0.00
    $0.00
    $180,800

    Comparable in this City

    • Value Estimation by Request
      1,316 SF

      8380 Belleville Rd

      OFFICE BUILDING • 1,316 SF
      8380 Belleville Rd, Van Buren Township, MI 48111-1380
      View Details
    • Value Estimation by Request
      6,080 SF

      7994 Belleville Rd

      OFFICE BUILDING • 6,080 SF
      7994 Belleville Rd, Van Buren Township, MI 48111-1311
      View Details
    • Value Estimation by Request
      3,008 SF

      125 Columbia Ave

      OFFICE BUILDING • 3,008 SF
      125 Columbia Ave, Belleville, MI 48111-2719
      View Details
    • Value Estimation
      $145,000
      2,699 SF

      645 Sumpter Rd

      OFFICE BUILDING • 2,699 SF
      645 Sumpter Rd, Van Buren Township, MI 48111-2916
      View Details
    • Value Estimation by Request
      484,788 SF

      9000 Haggerty Rd

      OFFICE BUILDING • 484,788 SF
      9000 Haggerty Rd, Van Buren Township, MI 48111-1632
      View Details
    • Value Estimation by Request
      2,791 SF

      46101 Interstate 94th Service Dr

      OFFICE BUILDING • 2,791 SF
      46101 Interstate 94th Service Dr, Van Buren Township, MI 48111-2400
      View Details

    Similar Nearby for Sale

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      29.30 Acres

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      Prime M-1 zoned land, rail access, utilities.
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    Similar Nearby for Lease

    • $7,200 /Mo
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      7,000+ sqft commercial building on high-traffic Main Street.
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      Van Buren Plaza: Belleville Retail Space

      Belleville Road retail, office, medical space available.
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      Office Space For Rent

      Office space available for lease in Belleville, Michigan.
      6045 Haggerty Rd, Belleville, MI 48111
      View Details
    • $2,800 /Mo
      2,302 SF

      Downtown Belleville Commercial Space Available

      Two-story commercial property in a vibrant, high-visibility Belleville location.
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    • New
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      16,800 SF

      Belleville, MI Commercial Space

      16,800 SF commercial space for lease in Belleville, MI.
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      View Details
    • $14 SF/Yr
      7,800 SF

      Ceclia Plaza: Belleville Retail Space

      Belleville retail, office, restaurant space available.
      970-1000 Sumpter Rd, Belleville, MI 48111
      View Details
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    38 5th St
    Belleville, MI 48111-2614
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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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