436 14th MileMadison Heights, MI 48071

  • Auto shops
  • 3,840 SF
Off market
$254,180 Estimated

Property Details for 436 14th Mile

Year built
1953
Property size (Sq ft)
3,840 SF
Property type
Auto shops
APN
44-25-01-102-024
APU
442501102024

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,174,036
    6.5%
    $1,083,726
    7%
    $1,006,317
  • Comparable approach

    Method
    Valuation
    Relative Method
    $905,168
    Geo Method
    $905,168
  • Alternative Use

    Use
    Valuation
    Residential
    $914,163
    Hospitality
    $837,368
    Educational
    $696,681
    Medical
    $720,641
    Retail
    $1,083,726
436 14th Mile, Madison Heights, Michigan

Location Insight

City
Madison Heights
County
Oakland
State
Michigan
Latitude
42.5339
Longitude
-83.1036
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
$12,234
-
-
$254,180
-
-
-
$508,360

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