5981 ConcordDetroit, MI 48211
- Warehouses
- 102,720 SF
Off market
$5,310,010 Estimated
Property Details for 5981 Concord
- Year built
- 1908
- Lot size
- 0.53 AC
- Property size (Sq ft)
- 102,720 SF
- Zone code
- M4
- Property type
- Warehouses
- APN
- 15011568.007
- APU
- 15011568007
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $45,640,200
- 6.5%
- $42,129,400
- 7%
- $39,120,200
-
Comparable approach
- Method
- Valuation
- Relative Method
- $15,373,500
- Geo Method
- $15,373,500
-
Alternative Use
- Use
- Valuation
- Retail / Commercial
- $21,970,500
- Mixed-Use / Specialty
- $22,181,100
- Hospitality / Lodging
- $16,649,800
- Office
- $22,350,300
- Institutional / Educational
- $23,162,700
- Residential Income
- $27,100,300
- Multifamily
- $30,900,700
- Automotive / Energy
- $19,853,700
- Parking / Income-Based Land
- $6,565,790
- Restaurant / Food Service
- $12,153,300
- Healthcare / Senior Housing
- $22,450,000
Location Insight
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Latitude
- 42.3806
- Longitude
- -83.0289
- 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
$6,364
-
-
$28,900
-
-
-
$57,800
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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