2000 HiltonFerndale, MI 48220

  • Manufacturing properties
  • 3,330 SF
Off market
$1,001,880 Estimated

Property Details for 2000 Hilton

Year built
1961
Lot size
0.10 AC
Property size (Sq ft)
3,330 SF
Zone code
BI
Property type
Manufacturing properties
APN
24-25-26-352-005
APU
242526352005

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,479,580
    6.5%
    $1,365,760
    7%
    $1,268,210
  • Comparable approach

    Method
    Valuation
    Relative Method
    $498,381
    Geo Method
    $498,381
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $712,243
    Mixed-Use / Specialty
    $719,072
    Hospitality / Lodging
    $539,756
    Office
    $724,557
    Institutional / Educational
    $750,893
    Residential Income
    $878,545
    Multifamily
    $1,001,750
    Automotive / Energy
    $643,623
    Parking / Income-Based Land
    $212,851
    Restaurant / Food Service
    $393,987
    Healthcare / Senior Housing
    $727,788

Location Insight

City
Ferndale
County
Oakland
State
Michigan
Latitude
42.4631
Longitude
-83.1228
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
$3,448
-
-
$80,840
-
-
-
$161,680

FAQs

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