23900 OuterAllen Park, MI 48101

  • Industrial land
  • 3.80 AC
Off market
$38,071,440 Estimated

Property Details for 23900 Outer

Lot size
3.80 AC
Zone code
M 1
Property type
Industrial land
APN
30 006 99 0005 701
APU
30006990005701

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $73,546,900
    6.5%
    $67,889,400
    7%
    $63,040,200
  • Comparable approach

    Method
    Valuation
    Relative Method
    $24,773,600
    Geo Method
    $24,773,600
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $35,404,300
    Mixed-Use / Specialty
    $35,743,700
    Hospitality / Lodging
    $26,830,300
    Office
    $36,016,400
    Institutional / Educational
    $37,325,500
    Residential Income
    $43,670,800
    Multifamily
    $49,794,900
    Automotive / Energy
    $31,993,300
    Parking / Income-Based Land
    $10,580,400
    Restaurant / Food Service
    $19,584,400
    Healthcare / Senior Housing
    $36,177,000

Location Insight

City
Allen Park
County
Wayne
State
Michigan
Latitude
42.2742
Longitude
-83.2011
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
$1,656
-
-
$21,400
-
-
-
$42,800

FAQs

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