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    Property profile & analytics

    Eureka Park Lot Southgate, MI 48195

    • Commercial land
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 26, 2022
    Location Intelligence
    Property ID
    US43-3162172
    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 land

    Property Details for Eureka Park Lot

    Lot size
    0.04 lot acres
    Zone code
    C-2 GEN BUS
    Property type
    Commercial land
    APN
    53 018 02 0082 001
    APU
    53018020082001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Southgate
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1833
    Latitude
    42.1997
    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
    $471
    $0.00
    $0.00
    $5,600
    -
    $0.00
    $0.00
    $11,200

    Comparable in this City

    • Value Estimation by Request
      0.91 Acres

      Dix-toledo Dix-toledo

      VACANT COMMERCIAL LAND • 0.91 Acres
      Dix-toledo Dix-toledo, Southgate, MI 48195
      View Details
    • Value Estimation by Request
      0.13 Acres

      Southgate, MI 48195

      VACANT COMMERCIAL LAND • 0.13 Acres
      Southgate, MI 48195
      View Details
    • Value Estimation by Request
      0.04 Acres

      Southgate, MI 48195

      VACANT COMMERCIAL LAND • 0.04 Acres
      Southgate, MI 48195
      View Details
    • Value Estimation by Request
      0.38 Acres

      Southgate, MI 48195

      VACANT COMMERCIAL LAND • 0.38 Acres
      Southgate, MI 48195
      View Details
    • Value Estimation by Request
      0.04 Acres

      Southgate, MI 48195

      VACANT COMMERCIAL LAND • 0.04 Acres
      Southgate, MI 48195
      View Details
    • Value Estimation by Request
      0.13 Acres

      Humphrey

      VACANT COMMERCIAL LAND • 0.13 Acres
      Humphrey, Southgate, MI 48195
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Southgate Land For Sale

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      Commercial Land on Allen Road

      4.72 acres of commercial land with utilities available.
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    Similar Nearby for Lease

    • $1.00 SF/Yr
      1 SF

      Southgate Commons Outlot Opportunity

      2-acre parcel ideal for fast food or automotive business.
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    • $13 SF/Yr
      24,912 SF

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      Restaurants • 24,912 SF
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      Southgate Retail Space: Prime Location

      1,000 sq ft Retail Space - Immediate Occupancy
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    • $1,450 /Mo
      900 SF

      Southgate Office Suite For Rent

      900 SF office suite in accessible Southgate location.
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    • Contact for pricing

      Southgate Commercial Space Available

      Prime commercial property in Southgate, Michigan, suitable for various uses.
      1 Heritage Pl, Southgate, MI 48195
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    • Contact for pricing

      Office Space For Rent

      Office space available for lease in Southgate, Michigan.
      Southgate, MI 48195
      View Details
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    Eureka Park Lot
    Southgate, MI 48195
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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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