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    Property profile & analytics

    Troy, MI 48098

    • Commercial land
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-2545327
    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

    Property type
    Commercial land
    APN
    88-20-16-478-029
    APU
    882016478029

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1488
    Latitude
    42.5776
    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
    2018
    $0.00
    $0.00
    $0.00
    $29,150
    -
    $0.00
    $0.00
    $58,300

    Comparable in this City

    • Value Estimation by Request
      0.57 Acres

      4052 Livernois Rd

      VACANT COMMERCIAL LAND • 0.57 Acres
      4052 Livernois Rd, Troy, MI 48098-4721
      View Details
    • Value Estimation by Request
      0.72 Acres

      6059 Livernois Rd

      VACANT COMMERCIAL LAND • 0.72 Acres
      6059 Livernois Rd, Troy, MI 48098-1501
      View Details
    • Value Estimation by Request

      Troy, MI 48098

      VACANT COMMERCIAL LAND
      Troy, MI 48098
      View Details
    • Value Estimation by Request
      0.91 Acres

      Troy, MI 48098

      VACANT COMMERCIAL LAND • 0.91 Acres
      Troy, MI 48098
      View Details
    • Value Estimation by Request
      24.17 Acres

      Troy, MI 48098

      VACANT COMMERCIAL LAND • 24.17 Acres
      Troy, MI 48098
      View Details
    • Value Estimation by Request
      19.57 Acres

      811 Sq Lk Rd

      VACANT COMMERCIAL LAND • 19.57 Acres
      811 Sq Lk Rd, Troy, MI 48098-2831
      View Details

    Similar Nearby for Sale

    • $1,495,000
      9,173 SF

      Troy Office Building For Sale

      9,173 SF office building available in Troy, Michigan.
      6054 Livernois Rd, Troy, MI 48098
      View Details
    • $1,495,000
      9,173 SF

      Versatile Office Building For Sale

      Single-story office building with flexible space, convenient parking, and accessibility.
      Troy, MI 48098
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    • $550,000

      Rochester Road Retail Opportunity

      Retail property on Rochester Road with overhead door and frontage.
      4932 Rochester Rd, Troy, MI 48098
      View Details

    Similar Nearby for Lease

    • $21 SF/Yr
      132,444 SF

      Troy Office Space For Lease

      Class B Office, Multiple Suites Available
      880 Long Lake Rd, Troy, MI 48098
      View Details
    • Contact for pricing
      77,054 SF

      Office Space with Lab and Café

      Office space featuring a lab, garage, and on-site café.
      4685 Investment Dr, Troy, MI 48098
      View Details
    • $17 SF/Yr
      21,641 SF

      Renovated Office Space with Amenities

      Recently renovated office space with fitness center and convenient location.
      900 Tower Dr, Troy, MI 48098
      View Details
    • $17 SF/Yr
      2,315 SF

      Renovated Office Space Available

      Office building with extensive renovations underway, up to 13,000 SF.
      5600 New King Dr, Troy, MI 48098
      View Details
    • $17 SF/Yr
      114,000 SF

      Prime Troy Executive Office Space

      Class A Office Suites, 2,183 - 29,135 SF
      5555 New King Dr, Troy, MI 48098
      View Details
    • $21 SF/Yr
      242,000 SF

      Troy Executive Office Space

      Premium Office Suites, Flexible Sizes
      700 Tower Dr, Troy, MI 48098
      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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