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    Property profile & analytics

    724 Rochester Rd Clawson, MI 48017-2322

    • Auto shops
    • 2,398 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    $425,000
    Last Sale
    Mar 18, 2025
    $450,000
    Location Intelligence
    Property ID
    US43-1218861
    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

    • Advanced Graphic Solutions - AGS / Graphic Designer / Banner Store
    • Advanced Solar Solutions / Banner Store / Graphic Designer
    • Resource Mechanical Insulation / Insulation Contractor

    Property Details for 724 Rochester Rd

    Year built
    1949
    Lot size
    0.21 lot acres
    Property size
    2,398 SF
    Zone code
    II
    Property type
    Auto shops
    APN
    16-20-34-404-046
    APU
    162034404046

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $410,000

    • CAP approach

      CAP return
      Estimation
      6%
      $490,000
      6.5%
      $425,000
      7%
      $425,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $520,000
      Geo Method
      $405,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $465,000
      Retail
      $525,000
      Mixed-Use
      $380,000
      Hospitality
      $445,000
      Educational
      $480,000
      Residential Income
      $400,000
      Energy
      $505,000
      Income-Based Land
      $530,000
      Food Service
      $495,000

    Location Insight

    • Map
    • Local Demand
    City
    Clawson
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1342
    Latitude
    42.5391
    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
    $3,600
    $0.00
    $0.00
    $88,350
    -
    $0.00
    $0.00
    $176,700

    Comparable in this City

    • Value Estimation by Request
      864 SF

      1359 14th Mile Rd

      AUTO REPAIR, GARAGE • 864 SF
      1359 14th Mile Rd, Clawson, MI 48017-2803
      View Details
    • Value Estimation by Request
      12,887 SF

      425 Rochester Rd, Unit 101

      AUTO REPAIR, GARAGE • 12,887 SF
      425 Rochester Rd, Clawson, MI 48017-1792
      View Details
    • Value Estimation by Request
      4,570 SF

      700 14th Mile Rd

      AUTO REPAIR, GARAGE • 4,570 SF
      700 14th Mile Rd, Clawson, MI 48017-1402
      View Details
    • Value Estimation by Request
      9,197 SF

      708 Rochester Rd

      AUTO REPAIR, GARAGE • 9,197 SF
      708 Rochester Rd, Clawson, MI 48017
      View Details
    • Value Estimation
      $250,000
      3,014 SF

      502 Main St

      AUTO REPAIR, GARAGE • 3,014 SF
      502 Main St, Clawson, MI 48017-2014
      View Details
    • Value Estimation by Request
      8,070 SF

      602 Rochester Rd

      AUTO REPAIR, GARAGE • 8,070 SF
      602 Rochester Rd, Clawson, MI 48017-1730
      View Details

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    Similar Nearby for Lease

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      Prime Clawson retail space, 6,000 sq ft, available now.
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    724 Rochester Rd
    Clawson, MI 48017-2322
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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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