33350 12th MileFarmington Hills, MI 48334

  • Gas stations
  • 2,270 SF
Off market
$5,179,830 Estimated

Property Details for 33350 12th Mile

Year built
1985
Lot size
0.52 AC
Property size (Sq ft)
2,270 SF
Zone code
BI
Property type
Gas stations
APN
22-23-10-352-003
APU
222310352003

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $571,237
    6.5%
    $527,296
    7%
    $489,632
  • Comparable approach

    Method
    Valuation
    Relative Method
    $535,086
    Geo Method
    $535,086
  • Alternative Use

    Use
    Valuation
    Residential
    $444,794
    Hospitality
    $407,429
    Educational
    $338,976
    Medical
    $350,634
    Retail
    $527,296

Location Insight

City
Farmington Hills
County
Oakland
State
Michigan
Latitude
42.499
Longitude
-83.3777
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
$14,497
$78,750
$236,850
$315,600
-
$157,500
$473,700
$631,200

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