1221 9th MileHazel Park, MI 48030

  • Drive through restaurants
  • 2,160 SF
Off market
$5,209,730 Estimated

Property Details for 1221 9th Mile

Year built
1996
Lot size
0.52 AC
Property size (Sq ft)
2,160 SF
Zone code
BI
Property type
Drive through restaurants
APN
28-25-25-452-040
APU
282525452040

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $660,395
    6.5%
    $609,596
    7%
    $566,053
  • Comparable approach

    Method
    Valuation
    Relative Method
    $509,157
    Geo Method
    $509,157
  • Alternative Use

    Use
    Valuation
    Residential
    $514,217
    Hospitality
    $471,020
    Educational
    $391,883
    Medical
    $405,360
    Retail
    $609,596
1221 9th Mile, Hazel Park, Michigan

Location Insight

City
Hazel Park
County
Oakland
State
Michigan
Latitude
42.4619
Longitude
-83.092
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
$16,300
-
-
$227,680
-
-
-
$455,360

Property Visit Statistics

  • Visits by month
    23.0k
  • Visitors by month
    13.6k
  • Avg Time on site
    15 min

FAQs

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