3448 11th MileBerkley, MI 48072

  • Commercial real estate
  • 0.23 AC
Off market
$2,304,370 Estimated

Property Details for 3448 11th Mile

Lot size
0.23 AC
Zone code
IV
Property type
Commercial real estate
APN
04-25-18-379-029
APU
42518379029

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,361,650
    6.5%
    $2,179,980
    7%
    $2,024,270
  • Comparable approach

    Method
    Valuation
    Relative Method
    $937,177
    Geo Method
    $937,177
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $4,109,180
    Retail / Commercial
    $2,142,930
    Mixed-Use / Specialty
    $2,163,480
    Hospitality / Lodging
    $1,623,970
    Office
    $2,179,980
    Institutional / Educational
    $2,259,220
    Residential Income
    $2,643,290
    Multifamily
    $3,013,960
    Automotive / Energy
    $1,936,470
    Parking / Income-Based Land
    $640,407
    Restaurant / Food Service
    $1,185,390
    Healthcare / Senior Housing
    $2,189,700

Location Insight

City
Berkley
County
Oakland
State
Michigan
Latitude
42.4889
Longitude
-83.1929
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
$1,226
-
-
$31,830
-
-
-
$63,660

FAQs

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