CapitalOak Park, MI 48237
- Industrial land
- 0.42 AC
Off market
$4,207,850 Estimated
Property Details for Capital
- Lot size
- 0.42 AC
- Zone code
- IF
- Property type
- Industrial land
- APN
- 52-25-32-151-035
- APU
- 522532151035
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $8,128,780
- 6.5%
- $7,503,490
- 7%
- $6,967,520
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,738,100
- Geo Method
- $2,738,100
-
Alternative Use
- Use
- Valuation
- Retail / Commercial
- $3,913,060
- Mixed-Use / Specialty
- $3,950,580
- Hospitality / Lodging
- $2,965,420
- Office
- $3,980,710
- Institutional / Educational
- $4,125,400
- Residential Income
- $4,826,720
- Multifamily
- $5,503,590
- Automotive / Energy
- $3,536,060
- Parking / Income-Based Land
- $1,169,400
- Restaurant / Food Service
- $2,164,560
- Healthcare / Senior Housing
- $3,998,460
Location Insight
- City
- Oak Park
- County
- Oakland
- State
- Michigan
- Latitude
- 42.4554
- Longitude
- -83.179
- 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
$1,305
$23,100
$2,100
$25,200
-
$46,200
$4,200
$50,400
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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