15121 WyomingDetroit, MI 48238

  • Strip malls
  • 10,980 SF
Off market
$6,512,220 Estimated

Property Details for 15121 Wyoming

Year built
1996
Lot size
0.65 AC
Property size (Sq ft)
10,980 SF
Zone code
B2
Property type
Strip malls
Property subtype
Neighborhood centers
APN
16038458-65
APU
1603845865

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,544,180
    6.5%
    $2,348,480
    7%
    $2,180,730
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,068,150
    Geo Method
    $1,068,150
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $4,503,320
    Mixed-Use / Specialty
    $2,370,990
    Hospitality / Lodging
    $1,779,740
    Office
    $2,389,080
    Institutional / Educational
    $2,475,920
    Residential Income
    $2,896,820
    Multifamily
    $3,303,060
    Automotive / Energy
    $2,122,220
    Parking / Income-Based Land
    $701,834
    Restaurant / Food Service
    $1,299,090
    Healthcare / Senior Housing
    $2,399,730

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.4016
Longitude
-83.1599
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
$20,246
-
-
$219,400
-
-
-
$438,800

FAQs

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