4162 12th MileBerkley, MI 48072
- Retail properties
- 2,032 SF
Off market
$3,606,860 Estimated
Property Details for 4162 12th Mile
- Year built
- 1970
- Lot size
- 0.36 AC
- Property size (Sq ft)
- 2,032 SF
- Zone code
- BI
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- 04-25-07-355-039
- APU
- 42507355039
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $575,319
- 6.5%
- $531,064
- 7%
- $493,131
-
Comparable approach
- Method
- Valuation
- Relative Method
- $478,985
- Geo Method
- $478,985
-
Alternative Use
- Use
- Valuation
- Residential
- $447,972
- Hospitality
- $410,340
- Educational
- $341,398
- Medical
- $353,140
- Retail
- $531,064
4162 12th Mile, Berkley, Michigan
Location Insight
- City
- Berkley
- County
- Oakland
- State
- Michigan
- Latitude
- 42.5032
- Longitude
- -83.2028
- 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
$8,315
-
-
$206,930
-
-
-
$413,860
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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