28028 WoodwardRoyal Oak, MI 48067
- Turn key restaurants
- 3,796 SF
Off market
$529,670 Estimated
Property Details for 28028 Woodward
- Year built
- 1942
- Lot size
- 0.45 AC
- Property size (Sq ft)
- 3,796 SF
- Zone code
- GEN BUS
- Property type
- Turn key restaurants
- APN
- 72-25-17-279-030
- APU
- 722517279030
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $879,574
- 6.5%
- $811,915
- 7%
- $753,921
-
Comparable approach
- Method
- Valuation
- Relative Method
- $369,281
- Geo Method
- $369,281
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $1,556,890
- Mixed-Use / Specialty
- $819,699
- Hospitality / Lodging
- $615,290
- Office
- $825,952
- Institutional / Educational
- $855,973
- Residential Income
- $1,001,490
- Multifamily
- $1,141,930
- Automotive / Energy
- $733,691
- Parking / Income-Based Land
- $242,638
- Restaurant / Food Service
- $449,122
- Healthcare / Senior Housing
- $829,635
Location Insight
- City
- Royal Oak
- County
- Oakland
- State
- Michigan
- Latitude
- 42.4972
- Longitude
- -83.1656
- 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
$23,592
-
-
$529,670
-
-
-
$1,059,340
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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