51825 GratiotChesterfield, MI 48051

  • Auto shops
  • 25,963 SF
Off market

Property Details for 51825 Gratiot

Year built
1999
Lot size
15.97 AC
Property size (Sq ft)
25,963 SF
Zone code
M2 GEN
Property type
Auto shops
APN
15-09-17-176-015
APU
150917176015

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,937,890
    6.5%
    $7,327,283
    7%
    $6,803,906
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,120,019
    Geo Method
    $6,120,019
  • Alternative Use

    Use
    Valuation
    Residential
    $6,180,837
    Hospitality
    $5,661,614
    Educational
    $4,710,396
    Medical
    $4,872,394
    Retail
    $7,327,283

Location Insight

City
Chesterfield
County
Macomb
State
Michigan
Latitude
42.6821
Longitude
-82.831
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
$71,004
-
-
$1,893,700
-
-
-
$3,787,400

FAQs

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