12738 8th MileDetroit, MI 48205
- Manufacturing properties
- 2,257 SF
Off market
$34,100 Estimated
Property Details for 12738 8th Mile
- Year built
- 1948
- Lot size
- 0.03 AC
- Property size (Sq ft)
- 2,257 SF
- Zone code
- B4
- Property type
- Manufacturing properties
- APN
- 21028353.
- APU
- 21028353
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,002,820
- 6.5%
- $925,683
- 7%
- $859,563
-
Comparable approach
- Method
- Valuation
- Relative Method
- $337,792
- Geo Method
- $337,792
-
Alternative Use
- Use
- Valuation
- Retail / Commercial
- $482,743
- Mixed-Use / Specialty
- $487,371
- Hospitality / Lodging
- $365,835
- Office
- $491,089
- Institutional / Educational
- $508,939
- Residential Income
- $595,458
- Multifamily
- $678,961
- Automotive / Energy
- $436,233
- Parking / Income-Based Land
- $144,266
- Restaurant / Food Service
- $267,036
- Healthcare / Senior Housing
- $493,279
Location Insight
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Latitude
- 42.4489
- Longitude
- -82.9946
- 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
$2,691
-
-
$34,100
-
-
-
$68,200
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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