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    Property profile & analytics

    Lafayette Romeo, MI 48065

    • Commercial land
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 31, 2023
    $200,000
    Location Intelligence
    Property ID
    US43-0809267
    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 Lafayette

    Lot size
    0.21 lot acres
    Zone code
    VILLAGE
    Property type
    Commercial land
    APN
    28-04-02-131-011
    APU
    280402131011

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Romeo
    County
    Macomb
    State
    Michigan
    Longitude
    -83.0123
    Latitude
    42.8014
    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
    2022
    $234
    $0.00
    $0.00
    $44,300
    -
    $0.00
    $0.00
    $88,600

    Comparable in this City

    • Value Estimation by Request
      2.02 Acres

      9651 33rd Mile Rd

      VACANT COMMERCIAL LAND • 2.02 Acres
      9651 33rd Mile Rd, Bruce Twp, MI 48065-3708
      View Details
    • Value Estimation by Request
      0.37 Acres

      Durham

      VACANT COMMERCIAL LAND • 0.37 Acres
      Durham, Romeo, MI 48065
      View Details
    • Value Estimation by Request
      0.14 Acres

      246 Saint Clair St

      VACANT COMMERCIAL LAND • 0.14 Acres
      246 Saint Clair St, Romeo, MI 48065-5261
      View Details
    • Value Estimation by Request
      0.30 Acres

      Main

      VACANT COMMERCIAL LAND • 0.30 Acres
      Main, Romeo, MI 48065
      View Details
    • Value Estimation by Request
      0.26 Acres

      149 Bailey St

      VACANT COMMERCIAL LAND • 1,599 SF
      149 Bailey St, Romeo, MI 48065-5203
      View Details
    • Value Estimation by Request
      0.91 Acres

      Denby

      VACANT COMMERCIAL LAND • 0.91 Acres
      Denby, Romeo, MI 48065
      View Details

    Similar Nearby for Sale

    • $1,699,000

      Commercial Land on Van Dyke

      Commercial land available on Van Dyke Avenue in Bruce Township.
      79363 Van Dyke Ave Rd W, Romeo, MI 48065
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    • $1,449,900
      40.00 Acres

      40 Acres Macomb County Land

      Prime Commercial/Farmland, Hunting, Residential Zoning.
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    • $399,900
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      5-acre wooded parcel on a private cul-de-sac.
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    • $239,900
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      Spacious Land Near Romeo, MI

      2-acre parcel near Romeo, Rochester, offering country living convenience.
      3999 Taft, Bruce, MI 48065
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    • $499,990
      2.72 Acres

      Land in Romeo School District

      2.72 acre lot in Bruce Township with Romeo Schools.
      2101 33 Mile Rd, Bruce, MI 48065
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    • $1,449,900

      Land For Sale

      Land available for purchase.
      73636 Mckay Rd, Romeo, MI 48065
      View Details

    Similar Nearby for Lease

    • $2,520 /Mo

      Retail and Office Space Available

      Retail or office spaces for lease, anchored by CVS.
      71070 Van Dyke Ave, Romeo, MI 48065
      View Details
    • $8 SF/Yr
      20,190 SF

      Romeo Industrial/Office Space for Lease

      20,190 SF Multi-Use Building in Romeo, MI
      15065 32 Mile Rd, Romeo, MI 48065
      View Details
    • $15 SF/Yr
      76,438 SF

      Fiddler's Cove Shopping Center: Romeo, MI

      Retail & Office Space Available: Multiple Suites, High Visibility
      70920 Van Dyke Rd, Romeo, MI 48065
      View Details
    • $1,800 /Mo

      Historic Office Space in Romeo

      Charming historic office space suitable for medical or professional use.
      241 N Main St, Romeo, MI 48065
      View Details
    • $13 SF/Yr
      26,160 SF

      Industrial Space with Outside Storage

      Industrial property offering flexible space and outside storage options.
      Beaver Crk Dr, Bruce Twp, MI 48065
      View Details
    • $1,300 /Mo

      Retail and Office Space Available

      Retail and office spaces for lease near downtown Romeo.
      71289 Van Dyke Ave, Romeo, MI 48065
      View Details
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    Lafayette
    Romeo, MI 48065
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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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