7101 8th MileWarren, MI 48091

  • Warehouses
  • 900 SF
Off market
$6,271,870 Estimated

Property Details for 7101 8th Mile

Year built
1950
Lot size
0.63 AC
Property size (Sq ft)
900 SF
Zone code
C-2
Property type
Warehouses
Property subtype
Self storage facilities
APN
12-13-33-458-023
APU
121333458023

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $399,885
    6.5%
    $369,125
    7%
    $342,759
  • Comparable approach

    Method
    Valuation
    Relative Method
    $134,698
    Geo Method
    $134,698
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $192,498
    Mixed-Use / Specialty
    $194,344
    Hospitality / Lodging
    $145,880
    Office
    $195,826
    Institutional / Educational
    $202,944
    Residential Income
    $237,445
    Multifamily
    $270,742
    Automotive / Energy
    $173,952
    Parking / Income-Based Land
    $57,527.30
    Restaurant / Food Service
    $106,483
    Healthcare / Senior Housing
    $196,700

Location Insight

City
Warren
County
Macomb
State
Michigan
Latitude
42.4486
Longitude
-83.0302
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
$5,899
-
-
$115,020
-
-
-
$230,040

FAQs

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