24600 GreenfieldOak Park, MI 48237

  • Office buildings
  • 50,623 SF
Off market
$48,891,790 Estimated

Property Details for 24600 Greenfield

Year built
1957
Lot size
4.88 AC
Property size (Sq ft)
50,623 SF
Zone code
PTRED
Property type
Office buildings
APN
52-25-30-101-036
APU
522530101036

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,932,700
    6.5%
    $11,014,800
    7%
    $10,228,000
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,735,280
    Geo Method
    $4,735,280
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $20,762,400
    Retail / Commercial
    $10,827,600
    Mixed-Use / Specialty
    $10,931,400
    Hospitality / Lodging
    $8,205,430
    Institutional / Educational
    $11,415,200
    Residential Income
    $13,355,700
    Multifamily
    $15,228,600
    Automotive / Energy
    $9,784,420
    Parking / Income-Based Land
    $3,235,790
    Restaurant / Food Service
    $5,989,440
    Healthcare / Senior Housing
    $11,063,900

Location Insight

City
Oak Park
County
Oakland
State
Michigan
Latitude
42.4719
Longitude
-83.2004
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
$3,955
$4,800
$71,400
$76,200
-
$9,600
$142,800
$152,400

Property Visit Statistics

  • Visits by month
    8.2k
  • Visitors by month
    6.7k
  • Avg Time on site
    18 min

FAQs

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