19305 Cameron StDetroit, MI 48203

  • Office buildings
  • 2,650 SF

Property Details for 19305 Cameron St

Year built
1960
Lot size
0.25 AC
Property size (Sq ft)
2,650 SF
Zone code
R1
Property type
Office buildings
APN
09022057-9
APU
90220579

Description

This 5,056 square foot church in Detroit, Michigan, offers a unique leasing opportunity. The property, located at 19305 Cameron St, includes a sanctuary seating 175, a 55ft x 22ft fellowship hall, two classrooms, a kitchen (11ft x 11ft), and a baptismal pool. The lower level features additional restrooms and classrooms. Two adjacent lots provide ample parking or playground space, supplementing the existing street parking. The building is heated by two forced-air furnaces. The lease price is $1,300 per month, with availability for services after 11:30 AM on Sundays and one mid-week evening service (Wednesday or Thursday). This property is ideal for a church or religious organization seeking shared space in a well-maintained building within Wayne County, zip code 48203. The property is classified as Special Purpose and is currently tenanted on a multiple occupancy basis.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $551,161
    6.5%
    $508,764
    7%
    $472,424
  • Comparable approach

    Method
    Valuation
    Relative Method
    $247,881
    Geo Method
    $247,881
  • Alternative Use

    Use
    Valuation
    Residential
    $630,868
    Hospitality
    $577,871
    Educational
    $480,782
    Medical
    $497,317
    Retail
    $747,884

Location Insight

City
Highland Park
County
Wayne
State
Michigan
Latitude
42.4353
Longitude
-83.094
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
2020
$100
-
-
-
-
-
-
-

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