3901 ChristopherHamtramck, MI 48211

  • Office buildings
  • 89,967 SF
Off market
$44,383,330 Estimated

Property Details for 3901 Christopher

Year built
1920
Lot size
4.43 AC
Property size (Sq ft)
89,967 SF
Property type
Office buildings
APN
41 005 99 0007 000
APU
41005990007000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $18,711,822
    6.5%
    $17,272,452
    7%
    $16,038,705
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,415,513
    Geo Method
    $8,415,513
  • Alternative Use

    Use
    Valuation
    Residential
    $21,417,840
    Hospitality
    $19,618,626
    Educational
    $16,322,467
    Medical
    $16,883,822
    Retail
    $25,390,504

Location Insight

City
Hamtramck
County
Wayne
State
Michigan
Latitude
42.3943
Longitude
-83.0442
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
$87,477
-
-
$1,186,000
-
-
-
$2,372,000

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