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    Property profile & analytics

    45111 Park Ave Utica, MI 48315-5905

    • Retail space
    • 4,572 SF
    • 1.25 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 27, 2021
    Location Intelligence
    Property ID
    US43-1282276
    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 45111 Park Ave

    Year built
    1997
    Lot size
    1.25 lot acres
    Property size
    4,572 SF
    Zone code
    MXD
    Property type
    Retail space
    APN
    11-07-35-351-002
    APU
    110735351002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Utica
    County
    Macomb
    State
    Michigan
    Longitude
    -83.0097
    Latitude
    42.6288
    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
    $22,483
    $0.00
    $0.00
    $405,000
    -
    $0.00
    $0.00
    $810,000

    Comparable in this City

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      12,532 SF

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    • Value Estimation by Request
      32,597 SF

      14105 Hall Rd

      RETAIL STORES (PERSONAL SERVICES) • 32,597 SF
      14105 Hall Rd, Shelby Township, MI 48315-6142
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    • Value Estimation by Request
      53,389 SF

      14135 Hall Rd

      RETAIL STORES (PERSONAL SERVICES) • 53,389 SF
      14135 Hall Rd, Shelby Township, MI 48315-6142
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    • Value Estimation by Request
      4,284 SF

      14771 Hall Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,284 SF
      14771 Hall Rd, Shelby Township, MI 48315-6203
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    • Value Estimation by Request
      9,600 SF

      45011 Utica Park Blvd

      RETAIL STORES (PERSONAL SERVICES) • 9,600 SF
      45011 Utica Park Blvd, Utica, MI 48315-5951
      View Details
    • Value Estimation by Request
      12,328 SF

      13655 Hall Rd

      RETAIL STORES (PERSONAL SERVICES) • 12,328 SF
      13655 Hall Rd, Shelby Township, MI 48315-6156
      View Details

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    Similar Nearby for Lease

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    45111 Park Ave
    Utica, MI 48315-5905
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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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