13323 LivernoisDetroit, MI 48238

  • Strip malls
  • 5,075 SF
Off market
$2,705,030 Estimated

Property Details for 13323 Livernois

Year built
2004
Lot size
0.27 AC
Property size (Sq ft)
5,075 SF
Zone code
B4
Property type
Strip malls
Property subtype
Neighborhood centers
APN
16018034-41
APU
1601803441

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,175,930
    6.5%
    $1,085,480
    7%
    $1,007,940
  • Comparable approach

    Method
    Valuation
    Relative Method
    $493,704
    Geo Method
    $493,704
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,081,450
    Mixed-Use / Specialty
    $1,095,880
    Hospitality / Lodging
    $822,602
    Office
    $1,104,240
    Institutional / Educational
    $1,144,380
    Residential Income
    $1,338,920
    Multifamily
    $1,526,690
    Automotive / Energy
    $980,896
    Parking / Income-Based Land
    $324,390
    Restaurant / Food Service
    $600,446
    Healthcare / Senior Housing
    $1,109,170

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3858
Longitude
-83.1399
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
$3,644
-
-
$72,200
-
-
-
$144,400

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