10196 JeffersonRiver Rouge, MI 48218

  • Auto shops
  • 1,653 SF
Off market
$2,805,310 Estimated

Property Details for 10196 Jefferson

Year built
1967
Lot size
0.28 AC
Property size (Sq ft)
1,653 SF
Zone code
B2 GEN
Property type
Auto shops
APN
50 007 10 0003 000
APU
50007100003000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $367,316
    6.5%
    $339,061
    7%
    $314,843
  • Comparable approach

    Method
    Valuation
    Relative Method
    $160,806
    Geo Method
    $160,806
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $691,286
    Mixed-Use / Specialty
    $325,696
    Hospitality / Lodging
    $223,126
    Office
    $311,100
    Institutional / Educational
    $334,248
    Residential Income
    $391,070
    Multifamily
    $536,421
    Automotive / Energy
    $286,498
    Parking / Income-Based Land
    $110,877
    Restaurant / Food Service
    $143,453
    Healthcare / Senior Housing
    $346,462

Location Insight

City
River Rouge
County
Wayne
State
Michigan
Latitude
42.2782
Longitude
-83.1313
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
$2,832
-
-
$28,900
-
-
-
$57,800

FAQs

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