2250 12th MileRoyal Oak, MI 48067
- Retail properties
- 1.16 AC
Off market
$11,621,900 Estimated
Property Details for 2250 12th Mile
- Lot size
- 1.16 AC
- Zone code
- PUD
- Property type
- Retail properties
- Property subtype
- Drive through restaurants
- APN
- 72-25-14-126-011
- APU
- 722514126011
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $15,448,968
- 6.5%
- $14,260,586
- 7%
- $13,241,973
-
Comparable approach
- Method
- Valuation
- Relative Method
- $11,910,972
- Geo Method
- $11,910,972
-
Alternative Use
- Use
- Valuation
- Residential
- $12,029,338
- Hospitality
- $11,018,809
- Educational
- $9,167,520
- Medical
- $9,482,805
- Retail
- $14,260,586
2250 12th Mile, Royal Oak, Michigan
Location Insight
- City
- Royal Oak
- County
- Oakland
- State
- Michigan
- Latitude
- 42.5039
- Longitude
- -83.1187
- 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
2023
$33,100
-
-
$603,190
-
-
-
$1,206,380
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property Visit Statistics
-
Visits by month16.4k
-
Visitors by month13.6k
-
Avg Time on site14 min
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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