50 9th MileHazel Park, MI 48030

  • Drive through restaurants
  • 2,973 SF
Off market
$5,610,620 Estimated

Property Details for 50 9th Mile

Year built
1990
Lot size
0.56 AC
Property size (Sq ft)
2,973 SF
Zone code
BI
Property type
Drive through restaurants
APN
28-25-26-479-086
APU
282526479086

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $908,961
    6.5%
    $839,041
    7%
    $779,109
  • Comparable approach

    Method
    Valuation
    Relative Method
    $700,798
    Geo Method
    $700,798
  • Alternative Use

    Use
    Valuation
    Residential
    $707,762
    Hospitality
    $648,306
    Educational
    $539,383
    Medical
    $557,934
    Retail
    $839,041

Location Insight

City
Hazel Park
County
Oakland
State
Michigan
Latitude
42.4618
Longitude
-83.1053
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
$23,211
-
-
$299,480
-
-
-
$598,960

Property Visit Statistics

  • Visits by month
    41.4k
  • Visitors by month
    22.4k
  • Avg Time on site
    9 min

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