19132 Huron RivNew Boston, MI 48164

  • Office buildings
  • 17,883 SF
Off market
$14,026,320 Estimated

Property Details for 19132 Huron Riv

Year built
1925
Lot size
1.40 AC
Property size (Sq ft)
17,883 SF
Zone code
B1 LOCA
Property type
Office buildings
APN
75 025 01 0063 302
APU
75025010063302

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,469,530
    6.5%
    $3,202,650
    7%
    $2,973,890
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,672,780
    Geo Method
    $1,672,780
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $6,221,780
    Retail / Commercial
    $3,206,840
    Mixed-Use / Specialty
    $3,208,290
    Hospitality / Lodging
    $2,370,590
    Institutional / Educational
    $3,339,930
    Residential Income
    $3,907,720
    Multifamily
    $4,615,300
    Automotive / Energy
    $2,862,800
    Parking / Income-Based Land
    $975,191
    Restaurant / Food Service
    $1,696,150
    Healthcare / Senior Housing
    $3,276,830

Location Insight

City
New Boston
County
Wayne
State
Michigan
Latitude
42.1639
Longitude
-83.4037
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
$8,723
-
-
$191,300
-
-
-
$382,600

FAQs

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