25850 JoyRedford, MI 48239

  • Medical offices
  • 1,249 SF
Off market
$9,117,200 Estimated

Property Details for 25850 Joy

Year built
1956
Lot size
0.91 AC
Property size (Sq ft)
1,249 SF
Property type
Medical offices
Property subtype
Medical space
APN
79 044 99 0054 000
APU
79044990054000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $213,814
    6.5%
    $197,367
    7%
    $183,269
  • Comparable approach

    Method
    Valuation
    Relative Method
    $116,831
    Geo Method
    $116,831
  • Alternative Use

    Use
    Valuation
    Residential
    $244,734
    Hospitality
    $224,175
    Educational
    $186,511
    Medical
    $192,926
    Retail
    $290,129

Location Insight

City
Redford
County
Wayne
State
Michigan
Latitude
42.3573
Longitude
-83.2954
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
2019
$6,192
-
-
$94,000
-
-
-
$188,000

FAQs

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