2550 McnicholsDetroit, MI 48212

  • Auto shops
  • 2,644 SF
Off market
$17,332,570 Estimated

Property Details for 2550 Mcnichols

Year built
1967
Lot size
1.73 AC
Property size (Sq ft)
2,644 SF
Zone code
M4
Property type
Auto shops
APN
09006629.
APU
9006629

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $612,643
    6.5%
    $565,517
    7%
    $525,123
  • Comparable approach

    Method
    Valuation
    Relative Method
    $257,213
    Geo Method
    $257,213
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,084,410
    Mixed-Use / Specialty
    $570,939
    Hospitality / Lodging
    $428,563
    Office
    $575,294
    Institutional / Educational
    $596,205
    Residential Income
    $697,559
    Multifamily
    $795,381
    Automotive / Energy
    $511,032
    Parking / Income-Based Land
    $169,003
    Restaurant / Food Service
    $312,824
    Healthcare / Senior Housing
    $577,860

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.4183
Longitude
-83.0769
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
$17,291
-
-
$106,400
-
-
-
$212,800

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message