535 MainClawson, MI 48017

Off market
$2,798,370 Estimated
  • Assisted living facilities
  • 31,728 SF

Property Details for 535 Main

Year built
1971
Lot size
1.15 AC
Property size (Sq ft)
31,728 SF
Zone code
BI
Property type
Assisted living facilities
Property subtype
Retirement homes
APN
16-20-33-429-017
APU
162033429017

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,450,484
    6.5%
    $5,954,293
    7%
    $5,528,986
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,413,013
    Geo Method
    $3,413,013
  • Alternative Use

    Use
    Valuation
    Residential
    $7,553,272
    Hospitality
    $6,918,756
    Educational
    $5,756,324
    Medical
    $5,954,293
    Retail
    $8,954,282
535 Main, Clawson, Michigan

Location Insight

City
Clawson
County
Oakland
State
Michigan
Latitude
42.5375
Longitude
-83.1471
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
$124,763
-
-
$2,798,370
-
-
-
$5,596,740

FAQs

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