32125 BlockGarden City, MI 48135

  • Warehouses
  • 3,621 SF
Off market
$5,410,060 Estimated

Property Details for 32125 Block

Year built
1981
Lot size
0.54 AC
Property size (Sq ft)
3,621 SF
Property type
Warehouses
APN
35 004 05 0001 000
APU
35004050001000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,364,790
    6.5%
    $1,259,800
    7%
    $1,169,820
  • Comparable approach

    Method
    Valuation
    Relative Method
    $541,933
    Geo Method
    $541,933
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $649,330
    Mixed-Use / Specialty
    $649,624
    Hospitality / Lodging
    $480,004
    Office
    $648,481
    Institutional / Educational
    $676,279
    Residential Income
    $791,246
    Multifamily
    $934,519
    Automotive / Energy
    $579,668
    Parking / Income-Based Land
    $197,459
    Restaurant / Food Service
    $343,441
    Healthcare / Senior Housing
    $663,502

Location Insight

City
Garden City
County
Wayne
State
Michigan
Latitude
42.3286
Longitude
-83.3577
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
$4,628
-
-
$59,700
-
-
-
$119,400

FAQs

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