4107 13th MileRoyal Oak, MI 48073

Off market
$2,153,950 Estimated
  • Grocery and convenience stores
  • 3,330 SF

Property Details for 4107 13th Mile

Year built
1963
Lot size
0.21 AC
Property size (Sq ft)
3,330 SF
Zone code
NBHD BUS
Property type
Grocery and convenience stores
APN
72-25-07-104-042
APU
722507104042

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $942,911
    6.5%
    $870,379
    7%
    $808,209
  • Comparable approach

    Method
    Valuation
    Relative Method
    $784,950
    Geo Method
    $784,950
  • Alternative Use

    Use
    Valuation
    Residential
    $734,197
    Hospitality
    $672,521
    Educational
    $559,529
    Medical
    $578,772
    Retail
    $870,379
4107 13th Mile, Royal Oak, Michigan

Location Insight

City
Royal Oak
County
Oakland
State
Michigan
Latitude
42.5173
Longitude
-83.1997
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
$7,125
-
-
$198,400
-
-
-
$396,800

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