19701 VernierHarper Woods, MI 48225

Off market
$16,430,740 Estimated
  • Medical offices
  • 28,104 SF

Property Details for 19701 Vernier

Year built
1984
Lot size
1.64 AC
Property size (Sq ft)
28,104 SF
Zone code
RO-1
Property type
Medical offices
Property subtype
Medical centers
APN
42 012 02 0062 004
APU
42012020062004

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,845,222
    6.5%
    $5,395,589
    7%
    $5,010,190
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,628,848
    Geo Method
    $2,628,848
  • Alternative Use

    Use
    Valuation
    Residential
    $6,690,530
    Hospitality
    $6,128,490
    Educational
    $5,098,832
    Medical
    $5,274,188
    Retail
    $7,931,516
19701 Vernier, Harper Woods, Michigan

Location Insight

City
Harper Woods
County
Wayne
State
Michigan
Latitude
42.4494
Longitude
-82.9281
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
$73,798
-
-
$755,900
-
-
-
$1,511,800

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