1020 SpringwellsDetroit, MI 48209
- Office buildings
- 3,195 SF
Off market
$2,504,700 Estimated
Property Details for 1020 Springwells
- Year built
- 1965
- Lot size
- 0.25 AC
- Property size (Sq ft)
- 3,195 SF
- Zone code
- B4
- Property type
- Office buildings
- APN
- 20005115-8
- APU
- 200051158
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $701,422
- 6.5%
- $647,467
- 7%
- $601,219
-
Comparable approach
- Method
- Valuation
- Relative Method
- $298,860
- Geo Method
- $298,860
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $1,334,660
- Retail / Commercial
- $672,672
- Mixed-Use / Specialty
- $661,026
- Hospitality / Lodging
- $472,934
- Institutional / Educational
- $683,895
- Residential Income
- $800,158
- Multifamily
- $1,010,930
- Automotive / Energy
- $586,196
- Parking / Income-Based Land
- $211,426
- Restaurant / Food Service
- $324,069
- Healthcare / Senior Housing
- $687,353
Location Insight
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Latitude
- 42.303
- Longitude
- -83.1198
- 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
$6,460
-
-
$85,700
-
-
-
$171,400
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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