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    Property profile & analytics

    39504 Jefferson Ave Harrison Township, MI 48045-1848

    • Turn key restaurants
    • 2,451 SF
    • 0.56 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 18, 2024
    Location Intelligence
    Property ID
    US43-0228311
    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

    • Turn key restaurants

    Property Details for 39504 Jefferson Ave

    Year built
    1958
    Lot size
    0.56 lot acres
    Property size
    2,451 SF
    Zone code
    TAVERN
    Property type
    Turn key restaurants
    APN
    17-12-16-332-044
    APU
    171216332044

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Harrison Township
    County
    Macomb
    State
    Michigan
    Longitude
    -82.8092
    Latitude
    42.5913
    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
    2022
    $7,595
    $0.00
    $0.00
    $150,500
    -
    $0.00
    $0.00
    $301,000

    Comparable in this City

    • Value Estimation by Request
      152,198 SF

      30675 Riv Rd

      RESTAURANT • 152,198 SF
      30675 Riv Rd, Harrison Township, MI 48045-1454
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      7,070 SF

      28410 Riv Rd

      RESTAURANT • 7,070 SF
      28410 Riv Rd, Harrison Township, MI 48045-3013
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    • Value Estimation by Request
      2,750 SF

      39539 Jefferson Ave

      RESTAURANT • 2,750 SF
      39539 Jefferson Ave, Harrison Township, MI 48045-1849
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    • Value Estimation by Request
      1,600 SF

      36942 Jefferson Ave

      RESTAURANT • 1,600 SF
      36942 Jefferson Ave, Harrison Township, MI 48045-2923
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    • Value Estimation by Request
      1,539 SF

      28409 Riv Rd

      RESTAURANT • 1,539 SF
      28409 Riv Rd, Harrison Township, MI 48045-3014
      View Details
    • Value Estimation by Request
      3,356 SF

      27200 Crocker Blvd

      RESTAURANT • 3,356 SF
      27200 Crocker Blvd, Harrison Township, MI 48045
      View Details

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    Similar Nearby for Lease

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      State-of-the-art crane building available for sublease at below market rates.
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    39504 Jefferson Ave
    Harrison Township, MI 48045-1848
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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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