25353 7th MileRedford, MI 48240
Off market
$3,406,300 Estimated
- Retail space
- 4,399 SF
Property Details for 25353 7th Mile
- Year built
- 1972
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.34 AC
- Property size (Sq ft)
- 4,399 SF
- Property type
- Retail space
- APN
- 79 011 02 0252 001
- APU
- 79011020252001
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,106,992
- 6.5%
- $1,021,839
- 7%
- $948,850
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,036,936
- Geo Method
- $1,036,936
-
Alternative Use
- Use
- Valuation
- Residential
- $861,959
- Hospitality
- $789,550
- Educational
- $656,896
- Medical
- $679,488
- Retail
- $1,021,839
25353 7th Mile, Redford, Michigan
Location Insight
- City
- Redford
- County
- Wayne
- State
- Michigan
- Latitude
- 42.4283
- Longitude
- -83.2918
- 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
2019
$5,750
-
-
$70,200
-
-
-
$140,400
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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