Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    50778 Michigan Ave Van Buren Township, MI 48111-5008

    • Bars
    • 3,660 SF
    • 0.83 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 10, 2023
    Location Intelligence
    Property ID
    US43-1448674
    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

    • Bars

    Property Details for 50778 Michigan Ave

    Year built
    1981
    Lot size
    0.83 lot acres
    Property size
    3,660 SF
    Zone code
    C1 GEN
    Property type
    Bars
    Property subtype
    Pubs
    APN
    83 022 01 0012 001
    APU
    83022010012001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Van Buren Township
    County
    Wayne
    State
    Michigan
    Longitude
    -83.5381
    Latitude
    42.2572
    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
    $5,274
    $0.00
    $0.00
    $154,200
    -
    $0.00
    $0.00
    $308,400

    Comparable in this City

    • Value Estimation
      $685,000
      6,112 SF

      2111 Rawsonville Rd

      BAR, TAVERN • 6,112 SF
      2111 Rawsonville Rd, Van Buren Township, MI 48111-2283
      View Details
    • Value Estimation by Request
      2,480 SF

      51390 Willis Rd

      Restaurants • 2,480 SF
      51390 Willis Rd, Belleville, MI 48111
      View Details
    • Value Estimation by Request
      2,117 SF

      396 Main St

      BAR, TAVERN • 2,117 SF
      396 Main St, Belleville, MI 48111-2646
      View Details
    • Value Estimation by Request
      17,870 SF

      49345 Interstate 94th Service Dr

      NIGHTCLUB (COCKTAIL LOUNGE) • 17,870 SF
      49345 Interstate 94th Service Dr, Van Buren Township, MI 48111-2266
      View Details
    • Value Estimation by Request
      1,920 SF

      17416 Savage Rd

      RESTAURANT • 1,920 SF
      17416 Savage Rd, Belleville, MI 48111-9811
      View Details
    • Value Estimation by Request
      800 SF

      144 3rd St

      DRIVE-THRU RESTAURANT, FAST FOOD • 800 SF
      144 3rd St, Belleville, MI 48111-2604
      View Details

    Similar Nearby for Sale

    • $139,900

      Turnkey Restaurant in Busy Plaza

      Newer burger restaurant with equipment in a busy plaza.
      10816 Belleville Rd, Belleville, MI 48111
      View Details
    • $433,000
      2,646 SF

      Belleville Storefront: Prime Redevelopment

      Historic Belleville storefront, 2,646 sq ft, redevelopment opportunity.
      51391 Willis Rd, Belleville, MI 48111
      View Details
    • $364,900
      5,016 SF

      Belleville Investment Opportunity: Real Estate Only

      Income-generating commercial building near downtown Belleville, currently medical and pharmacy.
      25 Owen St, Belleville, MI 48111
      View Details
    • $1,500,000
      2,880 SF

      Profitable Auto Business and Real Estate

      Established auto parts business and real estate for sale.
      14090 Martinsville Rd, Belleville, MI 48111
      View Details
    • Contact for pricing
      5,895 SF

      Retail Center on Main Street

      Multi-tenant retail center with frontage on Main Street in Belleville.
      504 Main St, Belleville, MI 48111
      View Details
    • $749,000
      5,087 SF

      Belleville Storefront - Main Street

      Prime Belleville retail space, high traffic location.
      209 Main St, Van Buren Charter Township, MI 48111-2643
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      43,948 SF

      Van Buren Plaza: Belleville Retail Space

      Belleville Road retail, office, medical space available.
      11700 Belleville Rd, Van Buren Charter Township, MI 48111
      View Details
    • $14 SF/Yr
      7,800 SF

      Ceclia Plaza: Belleville Retail Space

      Belleville retail, office, restaurant space available.
      970-1000 Sumpter Rd, Belleville, MI 48111
      View Details
    • Contact for pricing
      9,114 SF

      Belleville Road Retail Opportunity

      High-traffic retail spaces available in Belleville, MI
      10401 Belleville Rd, Belleville, MI 48111
      View Details
    • $10 SF/Yr
      7,040 SF

      Retail Center at Busy Corner

      Neighborhood retail center with suites ready for immediate occupancy.
      41001-41019 E Huron River Dr, Belleville, MI 48111
      View Details
    • Contact for pricing
      24,479 SF

      Retail Property Near I-94

      Retail space with easy access to major freeways and amenities.
      2095 Rawsonville Rd, Van Buren Twp, MI 48111
      View Details
    • $10 SF/Yr
      23,850 SF

      Belleville Road Retail Spaces

      High-traffic retail spaces available.
      10840 Belleville Rd, Van Buren Charter Township, MI 48111
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    50778 Michigan Ave
    Van Buren Township, MI 48111-5008
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.