1874 CoolidgeRiver Rouge, MI 48218

  • Grocery and convenience stores
  • 2,600 SF
Off market
$1,302,490 Estimated

Property Details for 1874 Coolidge

Year built
1951
Lot size
0.13 AC
Property size (Sq ft)
2,600 SF
Zone code
B2 GEN
Property type
Grocery and convenience stores
APN
50 008 14 0037 301
APU
50008140037301

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $593,022
    6.5%
    $547,405
    7%
    $508,305
  • Comparable approach

    Method
    Valuation
    Relative Method
    $252,932
    Geo Method
    $252,932
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,086,110
    Mixed-Use / Specialty
    $537,933
    Hospitality / Lodging
    $384,872
    Office
    $526,904
    Institutional / Educational
    $556,546
    Residential Income
    $651,158
    Multifamily
    $822,658
    Automotive / Energy
    $477,039
    Parking / Income-Based Land
    $172,051
    Restaurant / Food Service
    $263,732
    Healthcare / Senior Housing
    $559,353

Location Insight

City
River Rouge
County
Wayne
State
Michigan
Latitude
42.2758
Longitude
-83.1426
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
$2,753
-
-
$26,500
-
-
-
$53,000

Property Visit Statistics

  • Visits by month
    8.2k
  • Visitors by month
    4.9k
  • Avg Time on site
    7 min

FAQs

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