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    Property profile & analytics

    58860 Romeo Plank Rd Ray, MI 48096-4128

    • Retail space
    • 1,280 SF
    • 0.30 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-0742666
    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

    • Trillium Irrigation and Lighing / Lawn Sprinkler System Contractor
    • Heritage Oaks / Garden Center / Landscape Architect
    • Lighthouse Insurance Partners / Insurance Agency
    • TurnKey General Contracting LLC / Construction Company / Bathroom Remodeler

    Property Details for 58860 Romeo Plank Rd

    Year built
    1900
    Lot size
    0.30 lot acres
    Property size
    1,280 SF
    Zone code
    DMU
    Property type
    Retail space
    APN
    21-05-32-101-005
    APU
    210532101005

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ray
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9596
    Latitude
    42.7298
    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
    $3,521
    $0.00
    $0.00
    $112,600
    -
    $0.00
    $0.00
    $225,200

    Comparable in this City

    • Value Estimation by Request
      240 SF

      58014 Romeo Plank Rd

      RETAIL STORES (PERSONAL SERVICES) • 240 SF
      58014 Romeo Plank Rd, Ray, MI 48096
      View Details
    • Value Estimation by Request
      2,400 SF

      63200 Nn Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      63200 Nn Ave, Ray, MI 48096-2705
      View Details
    • Value Estimation
      $60,000
      342 SF

      59031 Romeo Plank Rd

      RETAIL STORES (PERSONAL SERVICES) • 342 SF
      59031 Romeo Plank Rd, Ray, MI 48096-3525
      View Details
    • Value Estimation by Request
      3,752 SF

      21710 29th Mile Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,752 SF
      21710 29th Mile Rd, Ray, MI 48096-2600
      View Details
    • Value Estimation by Request
      4,890 SF

      68970 Nn Ave

      GROCERY, SUPERMARKET • 4,890 SF
      68970 Nn Ave, Ray, MI 48096-1515
      View Details
    • Value Estimation by Request
      3,025 SF

      16500 32nd Mile Rd

      GROCERY, SUPERMARKET • 3,025 SF
      16500 32nd Mile Rd, Ray, MI 48096-1027
      View Details

    Similar Nearby for Sale

    • $375,000
      3,752 SF

      Mixed-Use Building in Ray, MI

      Two apartments plus commercial space in high-traffic area.
      21710 29 Mile Rd, Ray, MI 48096
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    • $162,500
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      Ray, MI Vacant Land Parcel

      Spacious country lot to build your dream home!
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    • New
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      Ray Township Vacant Land Parcel

      2.85-acre residential land in Ray Township, ready for development.
      31 31 Mile Rd, Ray Twp, MI 48096
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    • $4,500,000
      20,000 SF

      Macomb, MI 48096

      Industrial properties • 20,000 SF
      Macomb, MI 48096
      View Details
    • $1,200,000

      Land For Sale

      Land available for sale in Ray Township, Macomb County.
      0000 Romeo Plank Rd, Ray, MI 48096
      View Details
    • $700,000

      Prime Macomb County Commercial Land

      20 Acres, Industrial/Commercial, $700,000
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    Ray, MI 48096-4128
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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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