26621 7th MileRedford, MI 48240

  • Retail properties
  • 3,332 SF
Off market
$2,204,090 Estimated

Property Details for 26621 7th Mile

Year built
1947
Construction
CONCRETE BLOCKS
Lot size
0.22 AC
Property size (Sq ft)
3,332 SF
Property type
Retail properties
Property subtype
Other individual retail properties
APN
79 008 01 0028 000
APU
79008010028000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $838,485
    6.5%
    $773,986
    7%
    $718,702
  • Comparable approach

    Method
    Valuation
    Relative Method
    $785,422
    Geo Method
    $785,422
  • Alternative Use

    Use
    Valuation
    Residential
    $652,887
    Hospitality
    $598,041
    Educational
    $497,563
    Medical
    $514,675
    Retail
    $773,986
26621 7th Mile, Redford, Michigan

Location Insight

City
Redford
County
Wayne
State
Michigan
Latitude
42.4277
Longitude
-83.3073
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
$7,257
-
-
$60,600
-
-
-
$121,200

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