3800 12th MileBerkley, MI 48072
- Office buildings
- 6,814 SF
Off market
$249,230 Estimated
Property Details for 3800 12th Mile
- Year built
- 1970
- Lot size
- 0.17 AC
- Property size (Sq ft)
- 6,814 SF
- Zone code
- BI
- Property type
- Office buildings
- APN
- 04-25-07-381-039
- APU
- 42507381039
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,545,750
- 6.5%
- $1,426,840
- 7%
- $1,324,930
-
Comparable approach
- Method
- Valuation
- Relative Method
- $637,382
- Geo Method
- $637,382
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $2,705,660
- Retail / Commercial
- $1,407,700
- Mixed-Use / Specialty
- $1,418,650
- Hospitality / Lodging
- $1,061,600
- Institutional / Educational
- $1,480,520
- Residential Income
- $1,732,210
- Multifamily
- $1,989,040
- Automotive / Energy
- $1,269,020
- Parking / Income-Based Land
- $422,154
- Restaurant / Food Service
- $771,913
- Healthcare / Senior Housing
- $1,438,430
Location Insight
- City
- Berkley
- County
- Oakland
- State
- Michigan
- Latitude
- 42.5032
- Longitude
- -83.1984
- 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
$11,019
-
-
$249,230
-
-
-
$498,460
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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