8600 WickhamRomulus, MI 48174

  • Hotels
  • 146,883 SF
Off market

Property Details for 8600 Wickham

Year built
1988
Lot size
5.29 AC
Property size (Sq ft)
146,883 SF
Zone code
RC-REG
Property type
Hotels
APN
80 040 99 0003 713
APU
80040990003713

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $21,093,600
    6.5%
    $19,471,000
    7%
    $18,080,200
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,678,500
    Geo Method
    $11,678,500
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $51,102,900
    Retail / Commercial
    $26,339,600
    Mixed-Use / Specialty
    $26,351,500
    Office
    $26,305,100
    Institutional / Educational
    $27,432,700
    Residential Income
    $32,096,300
    Multifamily
    $37,908,000
    Automotive / Energy
    $23,513,800
    Parking / Income-Based Land
    $8,009,790
    Restaurant / Food Service
    $13,931,400
    Healthcare / Senior Housing
    $26,914,400

Location Insight

City
Romulus
County
Wayne
State
Michigan
Latitude
42.2423
Longitude
-83.349
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
$208,438
-
-
$3,361,300
-
-
-
$6,722,600

Property Visit Statistics

  • Visits by month
    62.2k
  • Visitors by month
    37.0k
  • Avg Time on site
    12 min

FAQs

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