3924 12th MileBerkley, MI 48072

  • Office properties
  • 850 SF
Off market
$69,960 Estimated

Property Details for 3924 12th Mile

Year built
1948
Lot size
0.06 AC
Property size (Sq ft)
850 SF
Zone code
BI
Property type
Office properties
Property subtype
Office buildings
APN
04-25-07-358-033
APU
42507358033

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $170,060
    6.5%
    $156,978
    7%
    $145,765
  • Comparable approach

    Method
    Valuation
    Relative Method
    $79,509
    Geo Method
    $79,509
  • Alternative Use

    Use
    Valuation
    Residential
    $194,653
    Hospitality
    $178,301
    Educational
    $148,344
    Medical
    $153,446
    Retail
    $230,758
3924 12th Mile, Berkley, Michigan

Location Insight

City
Berkley
County
Oakland
State
Michigan
Latitude
42.5032
Longitude
-83.1998
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
$2,686
-
-
$69,960
-
-
-
$139,920

FAQs

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