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    Property profile & analytics

    4371 Commerce Rd Commerce Township, MI 48382-4122

    • Individual retail properties
    • 480 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    $75,000
    Last Sale
    Aug 02, 2024
    $95,000
    Location Intelligence
    Property ID
    US43-1298473
    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

    • Individual retail properties

    Property Details for 4371 Commerce Rd

    Year built
    1959
    Lot size
    0.25 lot acres
    Property size
    480 SF
    Zone code
    BI
    Property type
    Individual retail properties
    APN
    E -17-10-477-033
    APU
    E1710477033

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Commerce Township
    County
    Oakland
    State
    Michigan
    Longitude
    -83.4812
    Latitude
    42.5867
    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
    $1,832
    $0.00
    $0.00
    $50,860
    -
    $0.00
    $0.00
    $101,720

    Comparable in this City

    • Value Estimation by Request
      3,659 SF

      519 Commerce Rd

      GROCERY, SUPERMARKET • 3,659 SF
      519 Commerce Rd, Commerce Township, MI 48382-3924
      View Details
    • Value Estimation by Request
      1,346 SF

      4365 Commerce Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,346 SF
      4365 Commerce Rd, Commerce Township, MI 48382-4122
      View Details
    • Value Estimation
      $270,000
      880 SF

      3315 Un Lk Rd

      RETAIL STORES (PERSONAL SERVICES) • 880 SF
      3315 Un Lk Rd, Commerce Township, MI 48382-4551
      View Details
    • Value Estimation
      $445,000
      2,400 SF

      2669 Un Lk Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      2669 Un Lk Rd, Commerce Township, MI 48382-3560
      View Details
    • Value Estimation by Request
      3,936 SF

      3005 Un Lk Rd

      GROCERY, SUPERMARKET • 3,936 SF
      3005 Un Lk Rd, Commerce Township, MI 48382-4546
      View Details
    • Value Estimation by Request
      2,720 SF

      3271 Un Lk Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,720 SF
      3271 Un Lk Rd, Commerce Township, MI 48382-4582
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $15 SF/Yr
      3,562 SF

      Union Lake Road Retail Space

      Prime Commerce Twp retail, 3,562 SF.
      2515 Un Lk Rd, Commerce Charter Township, MI 48382
      View Details
    • $12 SF/Yr
      22,236 SF

      R&M Plaza: Commerce Twp Retail Space

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    • Contact for pricing
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      Pine Cove Plaza: Medical Office Space

      Commerce Twp Medical Office Suites Available
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    • $3,438 /Mo

      Renovated Office/Medical Building Space

      Recently updated office/medical space with ample parking.
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    • $19 SF/Yr
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      Medical Building on Union Lake

      Professionally managed medical building in a growing community.
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      View Details
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    4371 Commerce Rd
    Commerce Township, MI 48382-4122
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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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