700 WandaFerndale, MI 48220
- Assisted living facilities
- 6,965 SF
Off market
$4,909,120 Estimated
Property Details for 700 Wanda
- Year built
- 1985
- Lot size
- 0.49 AC
- Property size (Sq ft)
- 6,965 SF
- Zone code
- AI
- Property type
- Assisted living facilities
- Property subtype
- Retirement homes
- APN
- 24-25-35-331-003
- APU
- 242535331003
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,649,090
- 6.5%
- $1,522,240
- 7%
- $1,413,500
-
Comparable approach
- Method
- Valuation
- Relative Method
- $671,051
- Geo Method
- $671,051
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $2,856,620
- Retail / Commercial
- $1,489,720
- Mixed-Use / Specialty
- $1,504,000
- Hospitality / Lodging
- $1,128,950
- Office
- $1,515,480
- Institutional / Educational
- $1,570,560
- Residential Income
- $1,837,560
- Multifamily
- $2,095,240
- Automotive / Energy
- $1,346,200
- Parking / Income-Based Land
- $445,198
- Restaurant / Food Service
- $824,061
Location Insight
- City
- Ferndale
- County
- Oakland
- State
- Michigan
- Latitude
- 42.4525
- Longitude
- -83.1132
- 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
$20,593
-
-
$370,720
-
-
-
$741,440
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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