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    Property profile & analytics

    421 Walnut Blvd Rochester, MI 48307-1946

    • Retail space
    • 2,872 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-0041879
    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

    • Belle Home Accents / Home Goods Store
    • Mike's Place / Barber Shop
    • A Place To Clay / Pottery Store / Professional Services
    • The Painted Pot / Pottery Store
    • The Hair Room / Hair Salon

    Property Details for 421 Walnut Blvd

    Year built
    1896
    Lot size
    0.21 lot acres
    Property size
    2,872 SF
    Zone code
    BI
    Property type
    Retail space
    APN
    68-15-15-227-004
    APU
    681515227004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1358
    Latitude
    42.6813
    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
    $7,677
    $0.00
    $0.00
    $243,330
    -
    $0.00
    $0.00
    $486,660

    Comparable in this City

    • Value Estimation by Request
      2,880 SF

      121 University Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,880 SF
      121 University Dr, Rochester, MI 48307-2046
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    • Value Estimation by Request
      2,899 SF

      204 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,899 SF
      204 Main St, Rochester, MI 48307-2029
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    • Value Estimation by Request
      1,908 SF

      621 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,908 SF
      621 Main St, Rochester, MI 48307-1429
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    • Value Estimation by Request
      5,145 SF

      420 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,145 SF
      420 Main St, Rochester, MI 48307-2031
      View Details
    • Value Estimation by Request
      7,588 SF

      428 Main St

      RETAIL STORES (PERSONAL SERVICES) • 7,588 SF
      428 Main St, Rochester, MI 48307-2031
      View Details
    • Value Estimation by Request
      1,258 SF

      402 Ee St

      RETAIL STORES (PERSONAL SERVICES) • 1,258 SF
      402 Ee St, Rochester, MI 48307-2016
      View Details

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    Similar Nearby for Lease

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      7,500 SF

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      7,500 sq ft retail space in a transforming district.
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    • $25 SF/Yr
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      Retail Space in Rochester Hills

      Premium retail space available in a dynamic retail corridor.
      224 E Auburn Rd, Rochester Hills, MI 48307
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    • $38 SF/Yr
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      North Hill Shopping Center: Rochester, MI

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    • Contact for pricing
      1,900 SF

      Retail Space in Rochester Hills

      Retail space available in a busy, anchored shopping center.
      2789-2951 South Rochester Rd, Rochester Hills, MI 48307
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    Property Visit Statistics

    • Visits by month
      10.2k
    • Visitors by month
      8.7k
    • Avg Time on site
      16 min
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    421 Walnut Blvd
    Rochester, MI 48307-1946
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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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