5130 PrescottDetroit, MI 48212

  • Office buildings
  • 2,091 SF
Off market
$1,903,480 Estimated

Property Details for 5130 Prescott

Year built
1958
Lot size
0.19 AC
Property size (Sq ft)
2,091 SF
Property type
Office buildings
APN
13005492-5
APU
130054925

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $434,897
    6.5%
    $401,444
    7%
    $372,769
  • Comparable approach

    Method
    Valuation
    Relative Method
    $195,592
    Geo Method
    $195,592
  • Alternative Use

    Use
    Valuation
    Residential
    $497,790
    Hospitality
    $455,973
    Educational
    $379,364
    Medical
    $392,411
    Retail
    $590,122

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.4052
Longitude
-83.0475
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
$550
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-
-
-
-
-
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FAQs

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