1200 11th MileRoyal Oak, MI 48067
- Commercial real estate
- 5,005 SF
Off market
$4,418,300 Estimated
Property Details for 1200 11th Mile
- Year built
- 1960
- Lot size
- 0.44 AC
- Property size (Sq ft)
- 5,005 SF
- Zone code
- NBHD BUS
- Property type
- Commercial real estate
- APN
- 72-25-22-202-022
- APU
- 722522202022
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,179,760
- 6.5%
- $1,089,010
- 7%
- $1,011,220
-
Comparable approach
- Method
- Valuation
- Relative Method
- $468,168
- Geo Method
- $468,168
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $2,052,740
- Retail / Commercial
- $1,070,500
- Mixed-Use / Specialty
- $1,080,770
- Hospitality / Lodging
- $811,256
- Office
- $1,089,010
- Institutional / Educational
- $1,128,590
- Residential Income
- $1,320,460
- Multifamily
- $1,505,630
- Automotive / Energy
- $967,367
- Parking / Income-Based Land
- $319,916
- Restaurant / Food Service
- $592,164
- Healthcare / Senior Housing
- $1,093,870
Location Insight
- City
- Royal Oak
- County
- Oakland
- State
- Michigan
- Latitude
- 42.49
- Longitude
- -83.1302
- 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
2021
$13,130
-
-
$289,030
-
-
-
$578,060
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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