20637 JoyDetroit, MI 48228

  • Automotive properties
  • 2,009 SF
Off market
$5,209,730 Estimated

Property Details for 20637 Joy

Year built
1968
Lot size
0.52 AC
Property size (Sq ft)
2,009 SF
Zone code
B4
Property type
Automotive properties
APN
22002553-64
APU
2200255364

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $390,283
    6.5%
    $360,261
    7%
    $334,528
  • Comparable approach

    Method
    Valuation
    Relative Method
    $195,439
    Geo Method
    $195,439
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $698,963
    Mixed-Use / Specialty
    $360,424
    Hospitality / Lodging
    $266,315
    Office
    $359,790
    Institutional / Educational
    $375,213
    Residential Income
    $438,999
    Multifamily
    $518,489
    Automotive / Energy
    $321,611
    Parking / Income-Based Land
    $109,554
    Restaurant / Food Service
    $190,547
    Healthcare / Senior Housing
    $368,124

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3572
Longitude
-83.2426
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
2020
$4,585
-
-
$82,500
-
-
-
$165,000

FAQs

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