7200 HarperDetroit, MI 48213

  • Theaters & concert halls
  • 8,330 SF
Off market
$1,903,480 Estimated

Property Details for 7200 Harper

Year built
1930
Lot size
0.19 AC
Property size (Sq ft)
8,330 SF
Zone code
B4
Property type
Theaters & concert halls
APN
15000759.001
APU
15000759001

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,067,690
    6.5%
    $985,560
    7%
    $915,163
  • Comparable approach

    Method
    Valuation
    Relative Method
    $592,183
    Geo Method
    $592,183
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $3,416,460
    Retail / Commercial
    $1,781,680
    Mixed-Use / Specialty
    $1,798,760
    Hospitality / Lodging
    $1,350,200
    Office
    $1,812,480
    Institutional / Educational
    $1,878,360
    Residential Income
    $2,197,680
    Multifamily
    $2,505,870
    Automotive / Energy
    $1,610,020
    Parking / Income-Based Land
    $532,448
    Restaurant / Food Service
    $985,560
    Healthcare / Senior Housing
    $1,820,560

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3856
Longitude
-83.0265
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
$7,303
-
-
$179,800
-
-
-
$359,600

FAQs

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