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    Property profile & analytics

    8209 Allen Rd Allen Park, MI 48101-1401

    • Medical offices
    • 2,240 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Last Sale
    Jul 23, 2024
    $350,000
    Location Intelligence
    Property ID
    US43-1873320
    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

    • Dr. Salil Dua, MD / Doctor
    • Nicole Schwarz Teasdale / Nurse Practitioner
    • Dr. Hassan R. Bazzi, DO / Family Practice Physician / Medical Clinic
    • Salil Dua / Family Practice Physician
    • Hassan Rafic Bazzi / Family Practice Physician / Health Care Facility

    Property Details for 8209 Allen Rd

    Year built
    1957
    Lot size
    0.20 lot acres
    Property size
    2,240 SF
    Zone code
    C 4
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    30 014 01 0068 000
    APU
    30014010068000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $360,000

    • CAP approach

      CAP return
      Estimation
      6%
      $375,000
      6.5%
      $435,000
      7%
      $375,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $330,000
      Geo Method
      $360,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $440,000
      Retail
      $360,000
      Mixed-Use
      $360,000
      Hospitality
      $425,000
      Educational
      $395,000
      Residential Income
      $390,000
      Energy
      $335,000
      Income-Based Land
      $425,000
      Food Service
      $345,000

    Location Insight

    • Map
    • Local Demand
    City
    Allen Park
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2176
    Latitude
    42.2494
    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
    $11,947
    $0.00
    $0.00
    $152,800
    -
    $0.00
    $0.00
    $305,600

    Comparable in this City

    • Value Estimation by Request
      6,000 SF

      7226 Allen Rd

      MEDICAL BUILDING • 6,000 SF
      7226 Allen Rd, Allen Park, MI 48101-2060
      View Details
    • Value Estimation by Request
      3,526 SF

      14551 Southfield Rd

      MEDICAL BUILDING • 3,526 SF
      14551 Southfield Rd, Allen Park, MI 48101-2687
      View Details
    • Value Estimation by Request
      1,240 SF

      6704 Park Ave

      MEDICAL BUILDING • 1,240 SF
      6704 Park Ave, Allen Park, MI 48101-2034
      View Details
    • Value Estimation
      $140,000
      1,806 SF

      7905 Allen Rd

      MEDICAL BUILDING • 1,806 SF
      7905 Allen Rd, Allen Park, MI 48101-1779
      View Details
    • Value Estimation
      $450,000
      3,120 SF

      15201 Southfield Rd

      MEDICAL BUILDING • 3,120 SF
      15201 Southfield Rd, Allen Park, MI 48101-2646
      View Details
    • Value Estimation by Request
      3,600 SF

      9833 Reeck Rd

      MEDICAL BUILDING • 3,600 SF
      9833 Reeck Rd, Allen Park, MI 48101-1356
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
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    • $1,000 /Mo
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      Allen Park Co-Sharing Office Space

      Co-sharing office space suitable for professional services in Allen Park.
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    • $24 SF/Yr
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      Allen Park Coworking Space Available

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    • $5 SF/Yr
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      Fairlane Business Park: Allen Park

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    8209 Allen Rd
    Allen Park, MI 48101-1401
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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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