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    Property profile & analytics

    Grafton Rd Carleton, MI 48117

    • Commercial land
    • 1.09 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 22, 2020
    Location Intelligence
    Property ID
    US43-2641114
    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 Grafton Rd

    Lot size
    1.09 lot acres
    Property type
    Commercial land
    APN
    01-009-008-40
    APU
    100900840

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Carleton
    County
    Monroe
    State
    Michigan
    Longitude
    -83.3803
    Latitude
    42.0707
    CBSA code
    33780
    CBSA name
    MONROE, 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
    $575
    $0.00
    $0.00
    $23,800
    -
    $0.00
    $0.00
    $47,600

    Comparable in this City

    • Value Estimation by Request
      1.62 Acres

      12900 Grafton Rd

      VACANT COMMERCIAL LAND • 1.62 Acres
      12900 Grafton Rd, Carleton, MI 48117-9214
      View Details
    • Value Estimation by Request
      5.00 Acres

      Telegraph Rd

      VACANT COMMERCIAL LAND • 5.00 Acres
      Telegraph Rd, Carleton, MI 48117
      View Details
    • Value Estimation by Request
      7.14 Acres

      Telegraph Rd

      VACANT COMMERCIAL LAND • 7.14 Acres
      Telegraph Rd, Carleton, MI 48117
      View Details
    • Value Estimation by Request
      0.88 Acres

      12160 Telegraph Rd

      VACANT COMMERCIAL LAND • 0.88 Acres
      12160 Telegraph Rd, Carleton, MI 48117-9761
      View Details
    • Value Estimation by Request
      7.06 Acres

      Telegraph Rd

      VACANT COMMERCIAL LAND • 7.06 Acres
      Telegraph Rd, Carleton, MI 48117
      View Details
    • Value Estimation by Request
      25.27 Acres

      9535 Telegraph Rd

      VACANT COMMERCIAL LAND • 25.27 Acres
      9535 Telegraph Rd, Carleton, MI 48117-9321
      View Details

    Similar Nearby for Sale

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      Commercial Lot on Telegraph Road

      0.88-acre commercial lot with high visibility on Telegraph Road.
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    • $995,000

      Prime Commercial Land Parcel

      3+ acre commercial land parcel at I-275 & Telegraph Road.
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    • $995,000
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      Commercial Land at I-275 Interchange

      Prime 3+ acre commercial land parcel with high visibility.
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      Prime Commercial Land Parcel

      3+ acre commercial land with high visibility and access.
      Telegraph Rd, Southfield, MI 48117
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    Similar Nearby for Lease

    • Contact for pricing

      Carleton Commercial Land - 36 Acres

      Prime Commercial Land for Lease in Carleton, MI
      800 Newport Rd, Carleton, MI 48117
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    • $12 SF/Yr
      Pending

      Versatile Industrial Property on Telegraph Road

      Modern warehouse space with high visibility and easy highway access.
      12010 Telegraph Rd, Carleton, MI 48117
      View Details
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    Grafton Rd
    Carleton, MI 48117
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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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