7240 12th MileWarren, MI 48092
- Government properties
- 3,936 SF
Off market
$2,755,170 Estimated
Property Details for 7240 12th Mile
- Year built
- 1971
- Lot size
- 0.28 AC
- Property size (Sq ft)
- 3,936 SF
- Zone code
- C-1
- Property type
- Government properties
- APN
- 12-13-16-226-058
- APU
- 121316226058
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $927,781
- 6.5%
- $856,414
- 7%
- $795,241
-
Comparable approach
- Method
- Valuation
- Relative Method
- $368,173
- Geo Method
- $368,173
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $1,614,310
- Retail / Commercial
- $841,859
- Mixed-Use / Specialty
- $849,930
- Hospitality / Lodging
- $637,982
- Office
- $856,414
- Institutional / Educational
- $887,542
- Residential Income
- $1,038,420
- Multifamily
- $1,184,050
- Automotive / Energy
- $760,750
- Parking / Income-Based Land
- $251,586
- Restaurant / Food Service
- $465,686
- Healthcare / Senior Housing
- $860,233
Location Insight
- City
- Warren
- County
- Macomb
- State
- Michigan
- Latitude
- 42.5062
- Longitude
- -83.0322
- 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
2022
$6,623
-
-
$160,660
-
-
-
$321,320
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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