32320 5th MileLivonia, MI 48154
- Office buildings
- 4,112 SF
Off market
$4,809,070 Estimated
Property Details for 32320 5th Mile
- Year built
- 1973
- Lot size
- 0.48 AC
- Property size (Sq ft)
- 4,112 SF
- Zone code
- OS
- Property type
- Office buildings
- APN
- 46 060 01 0706 002
- APU
- 46060010706002
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $797,781
- 6.5%
- $736,414
- 7%
- $683,813
-
Comparable approach
- Method
- Valuation
- Relative Method
- $384,636
- Geo Method
- $384,636
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $1,430,630
- Retail / Commercial
- $737,378
- Mixed-Use / Specialty
- $737,711
- Hospitality / Lodging
- $545,091
- Institutional / Educational
- $767,981
- Residential Income
- $898,538
- Multifamily
- $1,061,240
- Automotive / Energy
- $658,269
- Parking / Income-Based Land
- $224,235
- Restaurant / Food Service
- $390,010
- Healthcare / Senior Housing
- $753,472
Location Insight
- City
- Livonia
- County
- Wayne
- State
- Michigan
- Latitude
- 42.3981
- Longitude
- -83.363
- 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
$14,031
-
-
$250,900
-
-
-
$501,800
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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