219 MainRoyal Oak, MI 48067
- Bars
- 16,308 SF
Off market
$1,475,850 Estimated
Property Details for 219 Main
- Year built
- 1922
- Lot size
- 0.13 AC
- Property size (Sq ft)
- 16,308 SF
- Zone code
- CBD
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 72-25-22-102-006
- APU
- 722522102006
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,778,740
- 6.5%
- $3,488,070
- 7%
- $3,238,920
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,586,470
- Geo Method
- $1,586,470
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $6,688,540
- Mixed-Use / Specialty
- $3,521,510
- Hospitality / Lodging
- $2,643,350
- Office
- $3,548,370
- Institutional / Educational
- $3,677,350
- Residential Income
- $4,302,500
- Multifamily
- $4,905,850
- Automotive / Energy
- $3,152,010
- Parking / Income-Based Land
- $1,042,400
- Restaurant / Food Service
- $1,929,470
- Healthcare / Senior Housing
- $3,564,200
Location Insight
- City
- Royal Oak
- County
- Oakland
- State
- Michigan
- Latitude
- 42.4884
- Longitude
- -83.1439
- 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
$59,298
-
-
$1,475,850
-
-
-
$2,951,700
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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