5506 Stony CrkYpsilanti, MI 48197

  • Turn key restaurants
  • 336 SF
Off market
$45,585,540 Estimated

Property Details for 5506 Stony Crk

Year built
1976
Lot size
4.55 AC
Property size (Sq ft)
336 SF
Property type
Turn key restaurants
APN
K -11-20-400-001
APU
K1120400001

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $84,553
    6.5%
    $78,049
    7%
    $72,474
  • Comparable approach

    Method
    Valuation
    Relative Method
    $79,202
    Geo Method
    $79,202
  • Alternative Use

    Use
    Valuation
    Residential
    $65,837
    Hospitality
    $60,307
    Educational
    $50,174
    Medical
    $51,900
    Retail
    $78,049

Location Insight

City
Ypsilanti
County
Washtenaw
State
Michigan
Latitude
42.2085
Longitude
-83.6223
CBSA code
11460
CBSA name
ANN ARBOR, 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
-
-
-
$237,900
-
-
-
$475,800

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