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

    516 Memphis Rdg Rd Riley, MI 48041-3816

    • Specialty properties
    • 8,500 SF
    • 2.06 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 29, 2024
    Location Intelligence
    Property ID
    US43-4581549
    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

    • Specialty properties

    Property Details for 516 Memphis Rdg Rd

    Year built
    1948
    Lot size
    2.06 lot acres
    Property size
    8,500 SF
    Zone code
    EC
    Property type
    Specialty properties
    APN
    74-29-026-3014-000
    APU
    74290263014000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Riley
    County
    St. Clair
    State
    Michigan
    Longitude
    -82.7695
    Latitude
    42.9116
    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
    $5,606
    $0.00
    $0.00
    $163,400
    -
    $0.00
    $0.00
    $326,800

    Comparable in this City

    • Value Estimation by Request
      3,930 SF

      35050 Bordman Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 3,930 SF
      35050 Bordman Rd, Memphis, MI 48041-4530
      View Details
    • Value Estimation by Request
      7,002 SF

      34330 Bordman Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 7,002 SF
      34330 Bordman Rd, Memphis, MI 48041-4741
      View Details
    • Value Estimation
      $200,000
      4,232 SF

      80375 Main St

      FUNERAL HOME • 4,232 SF
      80375 Main St, Memphis, MI 48041-4787
      View Details
    • Value Estimation by Request
      0.19 Acres

      Parking Parking

      COMMERCIAL (GENERAL) • 0.19 Acres
      Parking Parking, Memphis, MI 48041
      View Details
    • Value Estimation by Request
      0.21 Acres

      35065 Bordman Rd

      VACANT COMMERCIAL LAND • 0.21 Acres
      35065 Bordman Rd, Memphis, MI 48041-4406
      View Details
    • Value Estimation by Request

      2795 Eagling Rd

      COMMERCIAL (GENERAL)
      2795 Eagling Rd, Riley, MI 48041-1221
      View Details

    Similar Nearby for Sale

    • $120,000
      1,242 SF

      Downtown Memphis Industrial Space

      Prime location, high-traffic area, investment opportunity.
      80820 Main St, Memphis, MI 48041
      View Details
    • $65,900
      3.09 Acres

      Land Near Belle River Golf

      Vacant land near golf course, ready to build on.
      00 Belle River Rd, Riley, MI 48041
      View Details
    • $99,990
      9.45 Acres

      Riley, MI Vacant Land

      9.45 acre vacant land parcel in Riley, Michigan.
      12274 Griffin Rd, Riley, MI 48041
      View Details
    • $145,000
      7.04 Acres

      7-Acre Vacant Land Ready to Build

      7-acre parcel with improvements, ready for your dream home.
      1700 Kinney Rd, Riley, MI 48041
      View Details
    • $1,499,900

      105 Acres Bordering I-69 Ramp

      105 acres with I-69 and M-19 frontage.
      Kinney Rd, Memphis, MI 48041
      View Details
    • $199,999
      0.76 Acres

      Versatile Land in Memphis, MI

      Commercial/Residential land in the heart of Memphis, Michigan.
      80375 Main St, Memphis, MI 48041
      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.
    516 Memphis Rdg Rd
    Riley, MI 48041-3816
    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.