16810 Grand RivDetroit, MI 48227

  • Strip malls
  • 17,315 SF
Off market
$8,515,980 Estimated

Property Details for 16810 Grand Riv

Year built
2005
Lot size
0.85 AC
Property size (Sq ft)
17,315 SF
Zone code
B4
Property type
Strip malls
Property subtype
Neighborhood centers
APN
22008200-6
APU
220082006

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,012,070
    6.5%
    $3,703,450
    7%
    $3,438,920
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,684,430
    Geo Method
    $1,684,430
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $7,101,550
    Mixed-Use / Specialty
    $3,738,960
    Hospitality / Lodging
    $2,806,570
    Office
    $3,767,480
    Institutional / Educational
    $3,904,420
    Residential Income
    $4,568,170
    Multifamily
    $5,208,780
    Automotive / Energy
    $3,346,640
    Parking / Income-Based Land
    $1,106,760
    Restaurant / Food Service
    $2,048,620
    Healthcare / Senior Housing
    $3,784,280

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.398
Longitude
-83.2108
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
$35,242
-
-
$584,900
-
-
-
$1,169,800

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message