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    Property profile & analytics

    700 12th Mile Rd Madison Heights, MI 48071-2409

    • Drive through restaurants
    • 3,934 SF
    • 1.18 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-1051944
    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

    • Drive through restaurants

    Property Details for 700 12th Mile Rd

    Year built
    2011
    Lot size
    1.18 lot acres
    Property size
    3,934 SF
    Zone code
    R-1 RES
    Property type
    Drive through restaurants
    APN
    44-25-11-451-012
    APU
    442511451012

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Madison Heights
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1133
    Latitude
    42.505
    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
    $30,265
    $0.00
    $0.00
    $819,110
    -
    $0.00
    $0.00
    $1,638,220

    Comparable in this City

    • Value Estimation by Request
      706 SF

      27000 John R Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 706 SF
      27000 John R Rd, Madison Heights, MI 48071-3326
      View Details
    • Value Estimation by Request
      1,450 SF

      28775 Dequindre Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,450 SF
      28775 Dequindre Rd, Madison Heights, MI 48071-3005
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    • Value Estimation by Request
      1,444 SF

      1462 12th Mile Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,444 SF
      1462 12th Mile Rd, Madison Heights, MI 48071-2651
      View Details
    • Value Estimation by Request
      2,849 SF

      1540 12th Mile Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,849 SF
      1540 12th Mile Rd, Madison Heights, MI 48071-2678
      View Details
    • Value Estimation by Request
      2,524 SF

      32500 John R Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,524 SF
      32500 John R Rd, Madison Heights, MI 48071-4725
      View Details
    • Value Estimation by Request
      762 SF

      1450 12th Mile Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 762 SF
      1450 12th Mile Rd, Madison Heights, MI 48071-2651
      View Details

    Similar Nearby for Sale

    • $100,000

      Established Restaurant in High-Traffic Plaza

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    • $200,000
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      Madison Heights Commercial Opportunity

      5,852 SF vacant commercial space in high-traffic area.
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      3,500 SF

      Madison Heights Retail Storefront

      3,500 SF Freestanding Building, High Traffic
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      3,500 SF

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    Similar Nearby for Lease

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      105,697 SF

      Campbell Corners Retail Space

      Madison Heights retail center; multiple suites available.
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    • $14,000 /Mo
      5,932 SF

      Madison Heights Commercial Lease Opportunity

      Multi-tenant space ideal for restaurant, food hall, or mixed-use.
      1450 W Thirteen Mile Rd, Madison Heights, MI 48071
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      Madison Heights Commercial Property Available

      Commercial property available for rent in Madison Heights, Michigan.
      27483 Dequindre Rd, Madison Heights, MI 48071
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      1,400 SF

      Madison Heights Office Space For Lease

      1,400 SF Single-Tenant Office in Oakland County
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    • Contact for pricing
      28,000 SF

      Stephenson Hwy Commercial Space

      Flexible Suites, Abundant Parking, I-75 Access
      30773 Stephenson Hwy, Madison Heights, MI 48071
      View Details

    Property Visit Statistics

    • Visits by month
      33.3k
    • Visitors by month
      27.4k
    • Avg Time on site
      22 min
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    700 12th Mile Rd
    Madison Heights, MI 48071-2409
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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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