18530 MackGrosse Pointe Farms, MI 48236

  • Retail space
  • 2,410 SF
Off market
$166,200 Estimated

Property Details for 18530 Mack

Year built
1950
Lot size
0.09 AC
Property size (Sq ft)
2,410 SF
Property type
Retail space
APN
38 005 04 0156 000
APU
38005040156000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $637,331
    6.5%
    $588,306
    7%
    $546,284
  • Comparable approach

    Method
    Valuation
    Relative Method
    $568,087
    Geo Method
    $568,087
  • Alternative Use

    Use
    Valuation
    Residential
    $496,258
    Hospitality
    $454,570
    Educational
    $378,197
    Medical
    $391,203
    Retail
    $588,306

Location Insight

City
Grosse Pointe Farms
County
Wayne
State
Michigan
Latitude
42.4111
Longitude
-82.9127
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
$7,139
-
-
$166,200
-
-
-
$332,400

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