18575 32nd MileArmada, MI 48005
- Retail space
- 3,390 SF
Off market
$21,660,710 Estimated
Property Details for 18575 32nd Mile
- Lot size
- 2.16 AC
- Property size (Sq ft)
- 3,390 SF
- Zone code
- BI
- Property type
- Retail space
- APN
- 13-02-32-476-022
- APU
- 130232476022
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $785,500
- 6.5%
- $725,077
- 7%
- $673,285
-
Comparable approach
- Method
- Valuation
- Relative Method
- $329,785
- Geo Method
- $329,785
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $1,390,370
- Mixed-Use / Specialty
- $732,028
- Hospitality / Lodging
- $549,482
- Office
- $737,612
- Institutional / Educational
- $764,423
- Residential Income
- $894,374
- Multifamily
- $1,019,800
- Automotive / Energy
- $655,219
- Parking / Income-Based Land
- $216,686
- Restaurant / Food Service
- $401,086
- Healthcare / Senior Housing
- $740,902
Location Insight
- City
- Armada
- County
- Macomb
- State
- Michigan
- Latitude
- 42.8058
- Longitude
- -82.9437
- 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
$7,874
-
-
$177,200
-
-
-
$354,400
Comparable in this City
Similar Nearby for Sale
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