3730 12th MileBerkley, MI 48072
- Retail space
- 5,825 SF
Off market
$2,304,370 Estimated
Property Details for 3730 12th Mile
- Year built
- 1951
- Lot size
- 0.23 AC
- Property size (Sq ft)
- 5,825 SF
- Zone code
- BI
- Property type
- Retail space
- APN
- 04-25-07-382-039
- APU
- 42507382039
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,304,010
- 6.5%
- $1,203,700
- 7%
- $1,117,720
-
Comparable approach
- Method
- Valuation
- Relative Method
- $566,665
- Geo Method
- $566,665
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $2,313,510
- Mixed-Use / Specialty
- $1,213,070
- Hospitality / Lodging
- $907,782
- Office
- $1,220,100
- Institutional / Educational
- $1,265,990
- Residential Income
- $1,481,210
- Multifamily
- $1,700,730
- Automotive / Energy
- $1,085,130
- Parking / Income-Based Land
- $360,966
- Restaurant / Food Service
- $660,090
- Healthcare / Senior Housing
- $1,229,970
Location Insight
- City
- Berkley
- County
- Oakland
- State
- Michigan
- Latitude
- 42.5032
- Longitude
- -83.1975
- 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
$8,357
-
-
$211,210
-
-
-
$422,420
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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