251 MainRomeo, MI 48065
- Medical offices
- 2,400 SF
Off market
$9,237,260 Estimated
Property Details for 251 Main
- Year built
- 1977
- Lot size
- 0.92 AC
- Property size (Sq ft)
- 2,400 SF
- Zone code
- VILLAGE
- Property type
- Medical offices
- Property subtype
- Medical space
- APN
- 28-04-02-136-004
- APU
- 280402136004
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $565,720
- 6.5%
- $522,203
- 7%
- $484,903
-
Comparable approach
- Method
- Valuation
- Relative Method
- $224,496
- Geo Method
- $224,496
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $984,333
- Retail / Commercial
- $513,329
- Mixed-Use / Specialty
- $518,250
- Hospitality / Lodging
- $389,014
- Institutional / Educational
- $541,184
- Residential Income
- $633,185
- Multifamily
- $721,979
- Automotive / Energy
- $463,872
- Parking / Income-Based Land
- $153,406
- Restaurant / Food Service
- $283,955
- Healthcare / Senior Housing
- $524,532
Location Insight
- City
- Romeo
- County
- Macomb
- State
- Michigan
- Latitude
- 42.7983
- Longitude
- -83.0125
- 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
$6,491
-
-
$224,400
-
-
-
$448,800
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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