31471 SouthfieldBeverly Hills, MI 48025

  • Turn key restaurants
  • 2,867 SF
Off market
$4,608,740 Estimated

Property Details for 31471 Southfield

Year built
1967
Lot size
0.46 AC
Property size (Sq ft)
2,867 SF
Zone code
BI
Property type
Turn key restaurants
APN
TH-24-02-427-012
APU
TH2402427012

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $721,470
    6.5%
    $665,972
    7%
    $618,403
  • Comparable approach

    Method
    Valuation
    Relative Method
    $675,812
    Geo Method
    $675,812
  • Alternative Use

    Use
    Valuation
    Residential
    $561,772
    Hospitality
    $514,581
    Educational
    $428,125
    Medical
    $442,849
    Retail
    $665,972

Location Insight

City
Beverly Hills
County
Oakland
State
Michigan
Latitude
42.5207
Longitude
-83.2243
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
$8,589
-
-
$232,750
-
-
-
$465,500

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