Rouge RivMelvindale, MI 48122
- Industrial properties
- 0.74 AC
Off market
$7,413,820 Estimated
Property Details for Rouge Riv
- Lot size
- 0.74 AC
- Zone code
- R1 1 FA
- Property type
- Industrial properties
- APN
- 47 007 99 0007 000
- APU
- 47007990007000
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $14,322,100
- 6.5%
- $13,220,400
- 7%
- $12,276,100
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,824,270
- Geo Method
- $4,824,270
-
Alternative Use
- Use
- Valuation
- Retail / Commercial
- $6,894,430
- Mixed-Use / Specialty
- $6,960,530
- Hospitality / Lodging
- $5,224,780
- Office
- $7,013,630
- Institutional / Educational
- $7,268,550
- Residential Income
- $8,504,210
- Multifamily
- $9,696,780
- Automotive / Energy
- $6,230,190
- Parking / Income-Based Land
- $2,060,370
- Restaurant / Food Service
- $3,813,750
- Healthcare / Senior Housing
- $7,044,900
Location Insight
- City
- Melvindale
- County
- Wayne
- State
- Michigan
- Latitude
- 42.2824
- Longitude
- -83.181
- 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
$5,375
-
-
$60,400
-
-
-
$120,800
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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