10171 JeffersonRiver Rouge, MI 48218

  • Warehouses
  • 16,690 SF
Off market
$7,313,770 Estimated

Property Details for 10171 Jefferson

Lot size
0.73 AC
Property size (Sq ft)
16,690 SF
Zone code
M1 LITE
Property type
Warehouses
APN
50 007 99 0006 000
APU
50007990006000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,561,420
    6.5%
    $6,979,770
    7%
    $6,481,220
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,497,890
    Geo Method
    $2,497,890
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $3,423,430
    Mixed-Use / Specialty
    $3,288,490
    Hospitality / Lodging
    $2,252,850
    Office
    $3,141,110
    Institutional / Educational
    $3,374,830
    Residential Income
    $3,948,560
    Multifamily
    $5,416,140
    Automotive / Energy
    $2,892,710
    Parking / Income-Based Land
    $1,119,510
    Restaurant / Food Service
    $1,448,420
    Healthcare / Senior Housing
    $3,498,150

Location Insight

City
River Rouge
County
Wayne
State
Michigan
Latitude
42.2779
Longitude
-83.13
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
$5,737
-
-
$136,200
-
-
-
$272,400

FAQs

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