1701 NormandyRoyal Oak, MI 48073

  • Commercial real estate
  • 0.47 AC
Off market
$1,334,170 Estimated

Property Details for 1701 Normandy

Year built
2016
Lot size
0.47 AC
Zone code
MULT FAM
Property type
Commercial real estate
APN
72-25-05-428-037
APU
722505428037

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,846,340
    6.5%
    $4,473,540
    7%
    $4,154,000
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,923,180
    Geo Method
    $1,923,180
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $8,432,450
    Retail / Commercial
    $4,397,510
    Mixed-Use / Specialty
    $4,439,680
    Hospitality / Lodging
    $3,332,550
    Office
    $4,473,540
    Institutional / Educational
    $4,636,140
    Residential Income
    $5,424,290
    Multifamily
    $6,184,960
    Automotive / Energy
    $3,973,840
    Parking / Income-Based Land
    $1,314,180
    Restaurant / Food Service
    $2,432,550
    Healthcare / Senior Housing
    $4,493,490

Location Insight

City
Royal Oak
County
Oakland
State
Michigan
Latitude
42.5253
Longitude
-83.1657
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
$67,438
-
-
$1,334,170
-
-
-
$2,668,340

FAQs

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Please email our support team at [email protected] and they will add the team member.
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