1045 9th MileFerndale, MI 48220
- Drive through restaurants
- 1,988 SF
Off market
$5,710,670 Estimated
Property Details for 1045 9th Mile
- Year built
- 2013
- Lot size
- 0.57 AC
- Property size (Sq ft)
- 1,988 SF
- Zone code
- BI
- Property type
- Drive through restaurants
- APN
- 24-25-33-226-001
- APU
- 242533226001
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $460,641
- 6.5%
- $425,207
- 7%
- $394,835
-
Comparable approach
- Method
- Valuation
- Relative Method
- $193,396
- Geo Method
- $193,396
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $815,356
- Mixed-Use / Specialty
- $429,284
- Hospitality / Lodging
- $322,233
- Office
- $432,558
- Institutional / Educational
- $448,281
- Residential Income
- $524,489
- Multifamily
- $598,040
- Automotive / Energy
- $384,241
- Parking / Income-Based Land
- $127,072
- Restaurant / Food Service
- $235,209
- Healthcare / Senior Housing
- $434,487
Location Insight
- City
- Ferndale
- County
- Oakland
- State
- Michigan
- Latitude
- 42.4601
- Longitude
- -83.1473
- 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
$23,367
-
-
$552,800
-
-
-
$1,105,600
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property Visit Statistics
-
Visits by month23.8k
-
Visitors by month14.6k
-
Avg Time on site9 min
FAQs
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