39504 JeffersonHarrison Township, MI 48045

  • Turn key restaurants
  • 2,451 SF
Off market
$5,620,510 Estimated

Property Details for 39504 Jefferson

Year built
1958
Lot size
0.56 AC
Property size (Sq ft)
2,451 SF
Zone code
TAVERN
Property type
Turn key restaurants
APN
17-12-16-332-044
APU
171216332044

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $567,923
    6.5%
    $524,237
    7%
    $486,791
  • Comparable approach

    Method
    Valuation
    Relative Method
    $238,437
    Geo Method
    $238,437
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,005,250
    Mixed-Use / Specialty
    $529,263
    Hospitality / Lodging
    $397,280
    Office
    $533,300
    Institutional / Educational
    $552,684
    Residential Income
    $646,641
    Multifamily
    $737,321
    Automotive / Energy
    $473,729
    Parking / Income-Based Land
    $156,666
    Restaurant / Food Service
    $289,989
    Healthcare / Senior Housing
    $535,678

Location Insight

City
Harrison Township
County
Macomb
State
Michigan
Latitude
42.5913
Longitude
-82.8092
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
$7,595
-
-
$150,500
-
-
-
$301,000

FAQs

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