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    Property profile & analytics

    Milford, MI 48381

    • Commercial land
    • 1.41 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-4254839
    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

    Lot size
    1.41 lot acres
    Zone code
    BV
    Property type
    Commercial land
    APN
    LM-16-03-401-004
    APU
    LM1603401004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.6098
    Latitude
    42.5993
    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
    $5,236
    $0.00
    $0.00
    $137,580
    -
    $0.00
    $0.00
    $275,160

    Comparable in this City

    • Value Estimation by Request
      10.00 Acres

      Milford, MI 48381

      VACANT COMMERCIAL LAND • 10.00 Acres
      Milford, MI 48381
      View Details
    • Value Estimation by Request
      0.33 Acres

      875 General Motors Rd

      VACANT COMMERCIAL LAND • 0.33 Acres
      875 General Motors Rd, Milford, MI 48381-2223
      View Details
    • Value Estimation by Request
      9.73 Acres

      1042 Milford Rd Ste, Unit 103

      VACANT COMMERCIAL LAND • 9.73 Acres
      1042 Milford Rd Ste, Milford, MI 48381-5108
      View Details
    • Value Estimation by Request

      505 Main St

      VACANT COMMERCIAL LAND
      505 Main St, Milford, MI 48381-1521
      View Details
    • Value Estimation by Request
      0.15 Acres

      Milford, MI 48381

      VACANT COMMERCIAL LAND • 0.15 Acres
      Milford, MI 48381
      View Details
    • Value Estimation by Request
      35.81 Acres

      Milford, MI 48381

      VACANT COMMERCIAL LAND • 35.81 Acres
      Milford, MI 48381
      View Details

    Similar Nearby for Sale

    • $192,000

      Land Near Downtown Milford

      Land ready for development near downtown Milford.
      1646 N Milford Rd, Milford Twp, MI 48381
      View Details
    • $749,900
      1.71 Acres

      Milford Village Land Opportunity

      1.7 acres in Milford Village, suitable for multiple uses.
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    • Contact for pricing

      Maverick Park Office Complex Pads

      Three individual parcels for sale, ready to build.
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    • $374,895
      0.85 Acres

      Milford Vacant Land Opportunity

      1.7 acres available for residential, commercial, or mixed-use development.
      815 N Milford Rd, Milford, MI 48381
      View Details
    • $3,900,000
      28.50 Acres

      Prime Milford Commercial Land

      28.5 Acres, Multi-Family Potential
      680 Oakland Ave, Milford Charter Township, MI 48381
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    • $99,000
      1.03 Acres

      Milford Land with River Frontage

      Single-family home build site near downtown Milford with river frontage.
      144 River Dr, Milford, MI 48381
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    Similar Nearby for Lease

    • $11 SF/Yr
      6,300 SF

      Contractor Building with Outdoor Storage

      6,300 sq ft contractor building with outdoor storage.
      4844 Old Plank Rd, Milford, MI 48381
      View Details
    • Contact for pricing

      Corner Lot for Lease

      Corner lot available for ground lease or build-to-suit.
      1235 E Commerce St, Milford, MI 48381
      View Details
    • $24 SF/Yr
      11,800 SF

      Downtown Milford Medical Office

      11,800 SF Medical Office, Ample Parking
      640 Milford Rd, Milford, MI 48381
      View Details
    • $8 SF/Yr
      15,000 SF

      Industrial Space with Crane Access

      Remodeled industrial space featuring cranes, high ceilings, and outside storage.
      2175 Fyke Dr, Milford, MI 48381
      View Details
    • $18 SF/Yr
      16,325 SF

      Milford Medical Office Suites Available

      Modern medical office space, flexible suites.
      1100 Corporate Office Dr, Milford, MI 48381
      View Details
    • $14 SF/Yr
      8,573 SF

      Milford Office & Medical Suites

      Versatile office and medical suites for lease in Milford, MI.
      1181 N Milford Rd, Milford, MI 48381
      View Details
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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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