18544 MackGrosse Pointe Farms, MI 48236

  • Drug stores
  • 1,230 SF
Off market
$84,700 Estimated

Property Details for 18544 Mack

Year built
1949
Lot size
0.05 AC
Property size (Sq ft)
1,230 SF
Property type
Drug stores
APN
38 005 04 0161 000
APU
38005040161000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $325,277
    6.5%
    $300,256
    7%
    $278,809
  • Comparable approach

    Method
    Valuation
    Relative Method
    $289,937
    Geo Method
    $289,937
  • Alternative Use

    Use
    Valuation
    Residential
    $253,277
    Hospitality
    $232,000
    Educational
    $193,022
    Medical
    $199,660
    Retail
    $300,256

Location Insight

City
Grosse Pointe Farms
County
Wayne
State
Michigan
Latitude
42.4114
Longitude
-82.9125
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
2021
$3,029
-
-
$84,700
-
-
-
$169,400

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