18501 8th MileEastpointe, MI 48021
- Medical offices
- 3,917 SF
Off market
$3,466,560 Estimated
Property Details for 18501 8th Mile
- Year built
- 1989
- Lot size
- 0.35 AC
- Property size (Sq ft)
- 3,917 SF
- Zone code
- B-1
- Property type
- Medical offices
- Property subtype
- Medical space
- APN
- 02-14-32-477-024
- APU
- 21432477024
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $923,303
- 6.5%
- $852,279
- 7%
- $791,402
-
Comparable approach
- Method
- Valuation
- Relative Method
- $366,396
- Geo Method
- $366,396
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $1,606,510
- Retail / Commercial
- $837,795
- Mixed-Use / Specialty
- $845,827
- Hospitality / Lodging
- $634,903
- Institutional / Educational
- $883,258
- Residential Income
- $1,033,410
- Multifamily
- $1,178,330
- Automotive / Energy
- $757,078
- Parking / Income-Based Land
- $250,372
- Restaurant / Food Service
- $463,438
- Healthcare / Senior Housing
- $856,080
Location Insight
- City
- Eastpointe
- County
- Macomb
- State
- Michigan
- Latitude
- 42.4509
- Longitude
- -82.9297
- 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
$19,598
-
-
$268,200
-
-
-
$536,400
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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