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    Property profile & analytics

    426 Oakwood Detroit, MI 48217-1484

    • Retail space
    • 3,045 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 21, 2025
    Location Intelligence
    Property ID
    US43-1718014
    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 426 Oakwood

    Year built
    2012
    Lot size
    0.08 lot acres
    Property size
    3,045 SF
    Zone code
    B2
    Property type
    Retail space
    APN
    20016161.
    APU
    20016161

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.148
    Latitude
    42.2897
    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
    2020
    $820
    $0.00
    $0.00
    $36,000
    -
    $0.00
    $0.00
    $72,000

    Comparable in this City

    • Value Estimation by Request
      1,332 SF

      420 Oakwood

      RETAIL STORES (PERSONAL SERVICES) • 1,332 SF
      420 Oakwood, Detroit, MI 48217-1484
      View Details
    • Value Estimation by Request
      1,200 SF

      2747 Ft St

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      2747 Ft St, Detroit, MI 48217-1092
      View Details
    • Value Estimation by Request
      648 SF

      2537 Ft St

      RETAIL STORES (PERSONAL SERVICES) • 648 SF
      2537 Ft St, Detroit, MI 48217-1071
      View Details
    • Value Estimation by Request
      1,800 SF

      2323 Ft St

      RETAIL STORES (PERSONAL SERVICES) • 1,800 SF
      2323 Ft St, Detroit, MI 48217-1091
      View Details
    • Value Estimation by Request
      2,284 SF

      2765 Ft St

      RETAIL STORES (PERSONAL SERVICES) • 2,284 SF
      2765 Ft St, Detroit, MI 48217-1092
      View Details
    • Value Estimation by Request
      2,691 SF

      2755 Edsel St

      RETAIL STORES (PERSONAL SERVICES) • 2,691 SF
      2755 Edsel St, Detroit, MI 48217-1281
      View Details

    Similar Nearby for Sale

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    • $30,000
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    Similar Nearby for Lease

    • $1,500 /Mo

      Retail/Office Space For Lease

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    426 Oakwood
    Detroit, MI 48217-1484
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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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