650 TroyFerndale, MI 48220
- Warehouses
- 15,794 SF
Off market
$6,411,940 Estimated
Property Details for 650 Troy
- Year built
- 1900
- Lot size
- 0.64 AC
- Property size (Sq ft)
- 15,794 SF
- Zone code
- II
- Property type
- Warehouses
- APN
- 24-25-34-228-015
- APU
- 242534228015
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $7,017,540
- 6.5%
- $6,477,730
- 7%
- $6,015,040
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,363,790
- Geo Method
- $2,363,790
-
Alternative Use
- Use
- Valuation
- Retail / Commercial
- $3,378,130
- Mixed-Use / Specialty
- $3,410,520
- Hospitality / Lodging
- $2,560,030
- Office
- $3,436,530
- Institutional / Educational
- $3,561,440
- Residential Income
- $4,166,890
- Multifamily
- $4,751,230
- Automotive / Energy
- $3,052,670
- Parking / Income-Based Land
- $1,009,540
- Restaurant / Food Service
- $1,868,660
- Healthcare / Senior Housing
- $3,451,860
Location Insight
- City
- Ferndale
- County
- Oakland
- State
- Michigan
- Latitude
- 42.4599
- Longitude
- -83.1248
- 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
2023
$11,901
-
-
$311,060
-
-
-
$622,120
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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