19925 VernierHarper Woods, MI 48225

  • Medical offices
  • 4,200 SF
Off market
$4,007,520 Estimated

Property Details for 19925 Vernier

Year built
1959
Lot size
0.40 AC
Property size (Sq ft)
4,200 SF
Zone code
RO-1
Property type
Medical offices
Property subtype
Medical centers
APN
42 012 02 0063 001
APU
42012020063001

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $990,010
    6.5%
    $913,856
    7%
    $848,580
  • Comparable approach

    Method
    Valuation
    Relative Method
    $392,868
    Geo Method
    $392,868
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,722,580
    Retail / Commercial
    $898,325
    Mixed-Use / Specialty
    $906,938
    Hospitality / Lodging
    $680,774
    Institutional / Educational
    $947,072
    Residential Income
    $1,108,070
    Multifamily
    $1,263,460
    Automotive / Energy
    $811,776
    Parking / Income-Based Land
    $268,461
    Restaurant / Food Service
    $496,921
    Healthcare / Senior Housing
    $917,931

Location Insight

City
Harper Woods
County
Wayne
State
Michigan
Latitude
42.4483
Longitude
-82.9248
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
$12,964
-
-
$129,600
-
-
-
$259,200

FAQs

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