10909 JeffersonRiver Rouge, MI 48218

  • Office buildings
  • 4,459 SF
Off market
$1,402,540 Estimated

Property Details for 10909 Jefferson

Year built
1936
Lot size
0.14 AC
Property size (Sq ft)
4,459 SF
Zone code
B2 GEN
Property type
Office buildings
APN
50 005 04 0006 000
APU
50005040006000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $909,130
    6.5%
    $839,197
    7%
    $779,254
  • Comparable approach

    Method
    Valuation
    Relative Method
    $417,095
    Geo Method
    $417,095
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,864,760
    Retail / Commercial
    $914,625
    Mixed-Use / Specialty
    $878,572
    Hospitality / Lodging
    $601,886
    Institutional / Educational
    $901,641
    Residential Income
    $1,054,920
    Multifamily
    $1,447,010
    Automotive / Energy
    $772,835
    Parking / Income-Based Land
    $299,094
    Restaurant / Food Service
    $386,967
    Healthcare / Senior Housing
    $934,587

Location Insight

City
River Rouge
County
Wayne
State
Michigan
Latitude
42.2687
Longitude
-83.1352
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
$4,927
-
-
$57,700
-
-
-
$115,400

FAQs

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