CapitalOak Park, MI 48237
- Industrial land
- 0.39 AC
Off market
$3,907,240 Estimated
Property Details for Capital
- Lot size
- 0.39 AC
- Zone code
- LI
- Property type
- Industrial land
- APN
- 52-25-32-152-003
- APU
- 522532152003
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $7,548,060
- 6.5%
- $6,967,440
- 7%
- $6,469,760
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,542,490
- Geo Method
- $2,542,490
-
Alternative Use
- Use
- Valuation
- Retail / Commercial
- $3,633,510
- Mixed-Use / Specialty
- $3,668,350
- Hospitality / Lodging
- $2,753,570
- Office
- $3,696,330
- Institutional / Educational
- $3,830,680
- Residential Income
- $4,481,900
- Multifamily
- $5,110,410
- Automotive / Energy
- $3,283,440
- Parking / Income-Based Land
- $1,085,860
- Restaurant / Food Service
- $2,009,930
- Healthcare / Senior Housing
- $3,712,810
Location Insight
- City
- Oak Park
- County
- Oakland
- State
- Michigan
- Latitude
- 42.4546
- Longitude
- -83.1802
- 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
$921
$21,400
$2,900
$24,300
-
$42,800
$5,800
$48,600
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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