28300 WoodwardRoyal Oak, MI 48067
- Motels
- 12,205 SF
Off market
$474,440 Estimated
Property Details for 28300 Woodward
- Year built
- 1956
- Lot size
- 0.34 AC
- Property size (Sq ft)
- 12,205 SF
- Zone code
- GEN BUS
- Property type
- Motels
- APN
- 72-25-17-278-001
- APU
- 722517278001
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,143,150
- 6.5%
- $1,978,300
- 7%
- $1,836,990
-
Comparable approach
- Method
- Valuation
- Relative Method
- $970,407
- Geo Method
- $970,407
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $5,005,740
- Retail / Commercial
- $2,610,490
- Mixed-Use / Specialty
- $2,635,520
- Office
- $2,655,620
- Institutional / Educational
- $2,752,150
- Residential Income
- $3,220,010
- Multifamily
- $3,671,570
- Automotive / Energy
- $2,358,980
- Parking / Income-Based Land
- $780,135
- Restaurant / Food Service
- $1,444,030
- Healthcare / Senior Housing
- $2,667,460
Location Insight
- City
- Royal Oak
- County
- Oakland
- State
- Michigan
- Latitude
- 42.4987
- Longitude
- -83.167
- 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
$16,544
-
-
$474,440
-
-
-
$948,880
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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