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    Property profile & analytics

    7402 Brockway Rd Melvin, MI 48454-9731

    • Commercial real estate
    • 2.70 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 22, 2024
    Location Intelligence
    Property ID
    US43-3575148
    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

    • Commercial real estate

    Property Details for 7402 Brockway Rd

    Lot size
    2.70 lot acres
    Property type
    Commercial real estate
    APN
    220-015-400-130-00
    APU
    22001540013000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Melvin
    County
    Sanilac
    State
    Michigan
    Longitude
    -82.8046
    Latitude
    43.2057

    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
    $1,686
    $0.00
    $0.00
    $50,800
    -
    $0.00
    $0.00
    $101,600

    Comparable in this City

    • Value Estimation by Request
      1.60 Acres

      7600 Brockway Rd

      COMMERCIAL (GENERAL) • 1.60 Acres
      7600 Brockway Rd, Melvin, MI 48454-9766
      View Details
    • Value Estimation by Request
      1.23 Acres

      7971 Washington St

      COMMERCIAL (GENERAL) • 1.23 Acres
      7971 Washington St, Melvin, MI 48454-9518
      View Details
    • Value Estimation by Request

      7042 Arendt Rd

      COMMERCIAL (GENERAL)
      7042 Arendt Rd, Melvin, MI 48454-9720
      View Details
    • Value Estimation by Request
      5.00 Acres

      1305 Railroad St

      COMMERCIAL (GENERAL) • 5.00 Acres
      1305 Railroad St, Melvin, MI 48454-9793
      View Details
    • Value Estimation by Request
      78.00 Acres

      232 Galbraith Line Rd

      COMMERCIAL (GENERAL) • 78.00 Acres
      232 Galbraith Line Rd, Melvin, MI 48454-9733
      View Details
    • Value Estimation by Request
      0.51 Acres

      1275 Main St

      COMMERCIAL (GENERAL) • 0.51 Acres
      1275 Main St, Melvin, MI 48454-7705
      View Details

    Similar Nearby for Sale

    • $299,999

      Land For Sale

      Commercial land available for sale.
      7406 Brockway Rd, Melvin, MI 48454
      View Details
    • Contact for pricing
      2.32 Acres

      Vacant Land in Sanilac County

      Corner parcel suitable for building or weekend retreat near Yale.
      B Wellman Vl, Melvin, MI 48454
      View Details
    • $379,899
      23.10 Acres

      Updated Farmhouse on 23 Acres

      Updated 2,300 sq ft farmhouse on 23.1 acres.
      8060 Brockway Rd, Melvin, MI 48454
      View Details
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    7402 Brockway Rd
    Melvin, MI 48454-9731
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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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