23825 John RHazel Park, MI 48030

  • Turn key restaurants
  • 1,594 SF
Off market
$83,470 Estimated

Property Details for 23825 John R

Year built
1966
Lot size
0.05 AC
Property size (Sq ft)
1,594 SF
Zone code
BI
Property type
Turn key restaurants
APN
28-25-26-432-023
APU
282526432023

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $487,347
    6.5%
    $449,859
    7%
    $417,726
  • Comparable approach

    Method
    Valuation
    Relative Method
    $375,739
    Geo Method
    $375,739
  • Alternative Use

    Use
    Valuation
    Residential
    $379,473
    Hospitality
    $347,595
    Educational
    $289,195
    Medical
    $299,141
    Retail
    $449,859

Location Insight

City
Hazel Park
County
Oakland
State
Michigan
Latitude
42.4677
Longitude
-83.1046
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
$6,432
-
-
$83,470
-
-
-
$166,940

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