7010 ConventionWarren, MI 48092

  • Motels
  • 58,536 SF
Off market
$35,166,080 Estimated

Property Details for 7010 Convention

Year built
1997
Lot size
3.51 AC
Property size (Sq ft)
58,536 SF
Zone code
M-2
Property type
Motels
APN
12-13-04-276-013
APU
121304276013

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,278,700
    6.5%
    $9,488,040
    7%
    $8,810,330
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,654,140
    Geo Method
    $4,654,140
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $24,007,900
    Retail / Commercial
    $12,520,100
    Mixed-Use / Specialty
    $12,640,100
    Office
    $12,736,500
    Institutional / Educational
    $13,199,500
    Residential Income
    $15,443,400
    Multifamily
    $17,609,100
    Automotive / Energy
    $11,313,800
    Parking / Income-Based Land
    $3,741,580
    Restaurant / Food Service
    $6,925,660
    Healthcare / Senior Housing
    $12,793,300

Location Insight

City
Warren
County
Macomb
State
Michigan
Latitude
42.5305
Longitude
-83.033
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
$69,700
-
-
$1,694,710
-
-
-
$3,389,420

FAQs

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Please email our support team at [email protected] and they will add the team member.
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