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    Property profile & analytics

    Salem Rd South Lyon, MI 48178

    • Commercial land
    • 2.11 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-2540516
    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 Salem Rd

    Lot size
    2.11 lot acres
    Property type
    Commercial land
    APN
    A -01-14-100-007
    APU
    A0114100007

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    South Lyon
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.5778
    Latitude
    42.4025
    CBSA code
    11460
    CBSA name
    ANN ARBOR, 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
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.06 Acres

      115 Lk St

      VACANT COMMERCIAL LAND • 0.06 Acres
      115 Lk St, South Lyon, MI 48178-1303
      View Details
    • Value Estimation by Request
      17.96 Acres

      20905 Pontiac Trl

      VACANT COMMERCIAL LAND • 17.96 Acres
      20905 Pontiac Trl, South Lyon, MI 48178-9776
      View Details
    • Value Estimation by Request
      3.30 Acres

      27491 Pontiac Trl

      VACANT COMMERCIAL LAND • 4,289 SF
      27491 Pontiac Trl, South Lyon, MI 48178-9238
      View Details
    • Value Estimation by Request
      1.69 Acres

      S

      VACANT COMMERCIAL LAND • 1.69 Acres
      S, Lyon, MI 48178
      View Details
    • Value Estimation by Request
      15.05 Acres

      S

      VACANT COMMERCIAL LAND • 15.05 Acres
      S, Lyon, MI 48178
      View Details
    • Value Estimation by Request
      35.52 Acres

      S

      VACANT COMMERCIAL LAND • 35.52 Acres
      S, Lyon, MI 48178
      View Details

    Similar Nearby for Sale

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      Land on Main Street

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      Commercial lot in South Lyon's central business district.
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      Prime commercial land near freeway and downtown South Lyon.
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      Prime 15.9 acre corner parcel at busy intersection in South Lyon.
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      Prime Land in Growing Area

      Strategically located land parcel in a rapidly growing area.
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      20 Acre Development Opportunity

      20 acre parcel suitable for residential or industrial development.
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    Similar Nearby for Lease

    • Contact for pricing
      6,575 SF

      Retail Space with Kitchen Infrastructure

      Retail space with kitchen infrastructure in walkable downtown location.
      264-304 N Lafayette St, South Lyon, MI 48178
      View Details
    • $695,000
      2,544 SF

      Turnkey Medical Office in South Lyon

      Standalone medical office with ample parking in a high-traffic location.
      22024 Pontiac Trl, South Lyon, MI 48178
      View Details
    • $795 /Mo

      Downtown South Lyon Commercial Space

      Commercial space for lease in the heart of downtown.
      161 Whipple St, South Lyon, MI 48178
      View Details
    • $20 SF/Yr
      3,000 SF

      Retail Space in Grocery-Anchored Center

      Retail space available in a high-income, growing residential area.
      22385 Pontiac Trl, South Lyon, MI 48178
      View Details
    • $240 SF/Yr
      6,821 SF

      South Lyon Medical Office Condo

      Modern medical suites, prime location.
      21555 Pontiac Trail Rd, South Lyon, MI 48178
      View Details
    • $24 SF/Yr
      1,930 SF

      South Lyon Medical Suite Opportunity

      1,930 SF medical suite available for lease.
      21800 Pontiac Trl, South Lyon, MI 48178
      View Details
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    Salem Rd
    South Lyon, MI 48178
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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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