4162 12th MileBerkley, MI 48072
- Turn key restaurants
- 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
- 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%
- $439,206
- 6.5%
- $405,421
- 7%
- $376,463
-
Comparable approach
- Method
- Valuation
- Relative Method
- $197,676
- Geo Method
- $197,676
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $781,054
- Mixed-Use / Specialty
- $407,838
- Hospitality / Lodging
- $304,245
- Office
- $409,437
- Institutional / Educational
- $425,367
- Residential Income
- $497,679
- Multifamily
- $575,481
- Automotive / Energy
- $364,600
- Parking / Income-Based Land
- $122,004
- Restaurant / Food Service
- $220,361
- Healthcare / Senior Housing
- $414,270
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
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