26500 GreenfieldOak Park, MI 48237

  • Drive through restaurants
  • 2,312 SF
Off market
$7,013,160 Estimated

Property Details for 26500 Greenfield

Year built
2002
Lot size
0.70 AC
Property size (Sq ft)
2,312 SF
Zone code
B-2
Property type
Drive through restaurants
APN
52-25-19-101-031
APU
522519101031

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $517,631
    6.5%
    $477,813
    7%
    $443,683
  • Comparable approach

    Method
    Valuation
    Relative Method
    $224,915
    Geo Method
    $224,915
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $918,352
    Mixed-Use / Specialty
    $481,536
    Hospitality / Lodging
    $360,354
    Office
    $484,328
    Institutional / Educational
    $502,543
    Residential Income
    $587,976
    Multifamily
    $675,100
    Automotive / Energy
    $430,752
    Parking / Income-Based Land
    $143,285
    Restaurant / Food Service
    $262,033
    Healthcare / Senior Housing
    $488,241

Location Insight

City
Oak Park
County
Oakland
State
Michigan
Latitude
42.4857
Longitude
-83.2017
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
$16,406
$45,300
$199,100
$244,400
-
$90,600
$398,200
$488,800

FAQs

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