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    Property profile & analytics

    521 Ml St South Lyon, MI 48178-1291

    • Warehouses
    • 14,875 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 05, 2023
    Location Intelligence
    Property ID
    US43-1869138
    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

    • New Life Community Church / Church

    Property Details for 521 Ml St

    Year built
    2006
    Property size
    14,875 SF
    Property type
    Warehouses
    APN
    80-21-20-326-017
    APU
    802120326017

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    South Lyon
    County
    Oakland
    State
    Michigan
    Longitude
    -83.6462
    Latitude
    42.4668
    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
    $17,981
    $0.00
    $0.00
    $420,050
    -
    $0.00
    $0.00
    $840,100

    Comparable in this City

    • Value Estimation by Request
      343,197 SF

      400 Mcmunn St

      WAREHOUSE, STORAGE • 343,197 SF
      400 Mcmunn St, South Lyon, MI 48178-1379
      View Details
    • Value Estimation by Request
      44,578 SF

      23333 Griswold Rd

      WAREHOUSE, STORAGE • 44,578 SF
      23333 Griswold Rd, South Lyon, MI 48178-8739
      View Details
    • Value Estimation
      $1,175,000
      9,389 SF

      500 Ml St

      WAREHOUSE, STORAGE • 9,389 SF
      500 Ml St, South Lyon, MI 48178-1263
      View Details
    • Value Estimation by Request
      9,605 SF

      124 Lafayette St

      WAREHOUSE, STORAGE • 9,605 SF
      124 Lafayette St, South Lyon, MI 48178-1211
      View Details
    • Value Estimation by Request
      18,320 SF

      385 Ml St

      WAREHOUSE, STORAGE • 18,320 SF
      385 Ml St, South Lyon, MI 48178-1262
      View Details
    • Value Estimation by Request
      4,317 SF

      59075 Oasis Ctr Dr

      WAREHOUSE, STORAGE • 4,317 SF
      59075 Oasis Ctr Dr, South Lyon, MI 48178-9826
      View Details

    Similar Nearby for Sale

    • $1,500,000
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      South Lyon Warehouse: $1.5M

      18,000 SF Industrial Warehouse, 1.33 Acres
      385 Mill St, South Lyon, MI 48178
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    • $3,850,000
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      South Lyon Warehouse - $3.85M

      37,450 SF Warehouse, 4.2 Acres, Seller Financing
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    • $1,500,000
      18,000 SF

      Free Standing Industrial Warehouse

      Industrial warehouse building in close proximity to downtown South Lyon.
      385 N Mill St, South Lyon, MI 48178
      View Details
    • $3,850,000
      37,450 SF

      Industrial Complex with Seller Financing

      Two-building industrial complex totaling 37,450 SF on 4.2 acres.
      415 N Lafayette St, South Lyon, MI 48178
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    • $350,000
      2.00 Acres

      Prime South Lyon Industrial Land

      2 Acres, $350,000 - Industrial Zoning
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    • $3,600,000

      South Lyon Investment Opportunity

      10-acre property with parking, storage, and office.
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    Similar Nearby for Lease

    • New
      $8,000 /Mo
      13,000 SF

      South Lyon Commercial Building For Lease

      13,000 SF commercial building in prime location on Pontiac Trail.
      28342 Pontiac Trail Rd, South Lyon, MI 48178
      View Details
    • $795 /Mo

      Downtown South Lyon Commercial Space

      Commercial space for lease in the heart of downtown.
      161 Whipple St, South Lyon, MI 48178
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    • $240 SF/Yr
      6,821 SF

      South Lyon Medical Office Condo

      Modern medical suites, prime location.
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    • $24 SF/Yr
      1,930 SF

      South Lyon Medical Suite Opportunity

      1,930 SF medical suite available for lease.
      21800 Pontiac Trl, South Lyon, MI 48178
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    • $24 SF/Yr
      11,180 SF

      South Lyon Retail Space - 11,180 SF

      Prime South Lyon retail/office space, 11,180 sq ft, ample parking.
      25610 Pontiac Trail Rd, South Lyon, MI 48178
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    • $17 SF/Yr
      1,270 SF

      South Lyon Retail Center Space

      Retail space available in a growing South Lyon community.
      21200 Pontiac Trl, South Lyon, MI 48178
      View Details
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    521 Ml St
    South Lyon, MI 48178-1291
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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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