17177 LaurelLivonia, MI 48152

  • Office buildings
  • 123,696 SF
Off market

Property Details for 17177 Laurel

Year built
1984
Construction
CONCRETE BLOCKS
Lot size
6.40 AC
Property size (Sq ft)
123,696 SF
Property type
Office buildings
APN
46 028 99 0006 010
APU
46028990006010

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $23,998,600
    6.5%
    $22,152,600
    7%
    $20,570,300
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,570,500
    Geo Method
    $11,570,500
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $43,035,800
    Retail / Commercial
    $22,181,600
    Mixed-Use / Specialty
    $22,191,600
    Hospitality / Lodging
    $16,397,300
    Institutional / Educational
    $23,102,200
    Residential Income
    $27,029,600
    Multifamily
    $31,923,900
    Automotive / Energy
    $19,801,900
    Parking / Income-Based Land
    $6,745,360
    Restaurant / Food Service
    $11,732,200
    Healthcare / Senior Housing
    $22,665,700

Location Insight

City
Livonia
County
Wayne
State
Michigan
Latitude
42.4133
Longitude
-83.4205
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
$144,556
-
-
$4,284,300
-
-
-
$8,568,600

FAQs

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