1263 Sq Lk RdBloomfield Hills, MI 48302

  • Office buildings
  • 5,964 SF
Off market
$5,310,010 Estimated

Property Details for 1263 Sq Lk Rd

Year built
1971
Lot size
0.53 AC
Property size (Sq ft)
5,964 SF
Zone code
BI
Property type
Office buildings
APN
C -19-08-203-003
APU
C1908203003

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,020,965
    6.5%
    $942,429
    7%
    $875,113
  • Comparable approach

    Method
    Valuation
    Relative Method
    $557,873
    Geo Method
    $557,873
  • Alternative Use

    Use
    Valuation
    Residential
    $1,168,612
    Hospitality
    $1,070,442
    Educational
    $890,596
    Medical
    $921,224
    Retail
    $1,385,371

Location Insight

City
Bloomfield Hills
County
Oakland
State
Michigan
Latitude
42.6025
Longitude
-83.2915
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
$12,181
-
-
$295,250
-
-
-
$590,500

FAQs

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