10835 JeffersonRiver Rouge, MI 48218

  • Auto shops
  • 2,175 SF
Off market
$801,550 Estimated

Property Details for 10835 Jefferson

Year built
1919
Lot size
0.08 AC
Property size (Sq ft)
2,175 SF
Zone code
B2 GEN
Property type
Auto shops
APN
50 005 03 0018 000
APU
50005030018000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $483,311
    6.5%
    $446,133
    7%
    $414,267
  • Comparable approach

    Method
    Valuation
    Relative Method
    $211,587
    Geo Method
    $211,587
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $909,587
    Mixed-Use / Specialty
    $428,548
    Hospitality / Lodging
    $293,587
    Office
    $409,342
    Institutional / Educational
    $439,800
    Residential Income
    $514,566
    Multifamily
    $705,818
    Automotive / Energy
    $376,971
    Parking / Income-Based Land
    $145,891
    Restaurant / Food Service
    $188,754
    Healthcare / Senior Housing
    $455,870

Location Insight

City
River Rouge
County
Wayne
State
Michigan
Latitude
42.2697
Longitude
-83.135
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
$2,558
-
-
$28,300
-
-
-
$56,600

FAQs

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