28825 TelegraphSouthfield, MI 48034

  • Automotive properties
  • 14,616 SF
Off market
$11,842,240 Estimated

Property Details for 28825 Telegraph

Year built
1967
Lot size
1.18 AC
Property size (Sq ft)
14,616 SF
Zone code
B-3
Property type
Automotive properties
APN
76-24-17-201-034
APU
762417201034

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,839,410
    6.5%
    $2,620,990
    7%
    $2,433,780
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,421,870
    Geo Method
    $1,421,870
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $5,085,140
    Mixed-Use / Specialty
    $2,622,180
    Hospitality / Lodging
    $1,937,510
    Office
    $2,617,560
    Institutional / Educational
    $2,729,770
    Residential Income
    $3,193,830
    Multifamily
    $3,772,140
    Automotive / Energy
    $2,339,800
    Parking / Income-Based Land
    $797,036
    Restaurant / Food Service
    $1,386,280
    Healthcare / Senior Housing
    $2,678,200

Location Insight

City
Southfield
County
Oakland
State
Michigan
Latitude
42.4999
Longitude
-83.2863
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
2022
$39,186
$127,430
$700,660
$828,090
-
$254,860
$1,401,320
$1,656,180

FAQs

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