28801 SouthfieldLathrup Village, MI 48076

  • Office buildings
  • 2,742 SF
Off market
$116,960 Estimated

Property Details for 28801 Southfield

Year built
1963
Lot size
0.09 AC
Property size (Sq ft)
2,742 SF
Zone code
BI
Property type
Office buildings
APN
40-24-14-230-019
APU
402414230019

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $469,397
    6.5%
    $433,290
    7%
    $402,341
  • Comparable approach

    Method
    Valuation
    Relative Method
    $256,487
    Geo Method
    $256,487
  • Alternative Use

    Use
    Valuation
    Residential
    $537,279
    Hospitality
    $492,145
    Educational
    $409,459
    Medical
    $423,541
    Retail
    $636,936
28801 Southfield, Lathrup Village, Michigan

Location Insight

City
Lathrup Village
County
Oakland
State
Michigan
Latitude
42.5006
Longitude
-83.223
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
$6,044
-
-
$116,960
-
-
-
$233,920

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