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    Property profile & analytics

    557 Rochester Rd Leonard, MI 48367-4288

    • Warehouses
    • 38,050 SF
    • 3.89 lot acres
    OFF-MARKET
    Value Estimation
    $2,830,000
    Last Sale
    May 25, 2023
    $2,540,000
    Location Intelligence
    Property ID
    US43-0902100
    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

    • Prestige Storage - Leonard / Records Storage Facility / Rv Storage Facility

    Property Details for 557 Rochester Rd

    Year built
    1992
    Lot size
    3.89 lot acres
    Property size
    38,050 SF
    Zone code
    BI
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    A -05-35-151-001
    APU
    A0535151001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,910,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,435,000
      6.5%
      $2,415,000
      7%
      $2,530,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,865,000
      Geo Method
      $2,570,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,305,000
      Retail
      $2,005,000
      Mixed-Use
      $2,430,000
      Hospitality
      $2,715,000
      Educational
      $2,295,000
      Residential Income
      $2,505,000
      Energy
      $2,310,000
      Income-Based Land
      $2,665,000
      Food Service
      $2,495,000

    Location Insight

    • Map
    • Local Demand
    City
    Leonard
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1356
    Latitude
    42.8104
    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
    $20,232
    $0.00
    $0.00
    $595,840
    -
    $0.00
    $0.00
    $1,191,680

    Comparable in this City

    • Value Estimation
      $400,000
      1,130 SF

      1353 Rochester Rd

      WAREHOUSE, STORAGE • 1,130 SF
      1353 Rochester Rd, Leonard, MI 48367-6607
      View Details
    • Value Estimation by Request
      2,629 SF

      503 Lakeville Rd

      WAREHOUSE, STORAGE • 2,629 SF
      503 Lakeville Rd, Leonard, MI 48367-3437
      View Details
    • Value Estimation by Request
      4,760 SF

      3615 Rochester Rd

      WAREHOUSE, STORAGE • 4,760 SF
      3615 Rochester Rd, Leonard, MI 48367-2419
      View Details
    • Value Estimation by Request
      8,379 SF

      1381 Milmine St

      WAREHOUSE, STORAGE • 8,379 SF
      1381 Milmine St, Leonard, MI 48367-6612
      View Details
    • Value Estimation by Request
      4,800 SF

      401 Elmwoodb

      WAREHOUSE, STORAGE • 4,800 SF
      401 Elmwoodb, Leonard, MI 48367-1807
      View Details
    • Value Estimation by Request
      9,000 SF

      401 Elmwoodc

      WAREHOUSE, STORAGE • 9,000 SF
      401 Elmwoodc, Leonard, MI 48367-1807
      View Details

    Similar Nearby for Sale

    • $8,225,000
      228.46 Acres

      Michigan Farm & Residential Land

      228 Acres, Oakland County, MI
      1650 Yule Rd, Leonard, MI 48367
      View Details
    • $320,000

      Private Lakefront Land Parcel

      Land parcel with lake access and mature hardwoods.
      00 Hagerman Parcel 2 Rd, Leonard, MI 48367
      View Details
    • $375,000

      Oakland County Land Parcel

      Land parcel with lakefront views, suitable for residential development.
      000 Hagerman Parcel 3 Rd, Leonard, MI 48367
      View Details
    • $249,990

      Commercial Land For Sale

      Commercial land available for sale.
      4444 Forest St, Leonard, MI 48367
      View Details
    • $159,900

      Vacant Commercial Parcel on Rochester

      4.36-acre commercial land with high visibility and business zoning.
      433 Rochester Rd, Leonard, MI 48367
      View Details
    • $299,000

      Vacant Land on Knights Bridge

      4.23 acres of vacant land for sale.
      4.23 Acres Vl - Knights Brg Rd, Leonard, MI 48367
      View Details
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    557 Rochester Rd
    Leonard, MI 48367-4288
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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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