36650 Grand RivFarmington, MI 48335

  • Medical offices
  • 10,413 SF
Off market
$14,948,160 Estimated

Property Details for 36650 Grand Riv

Year built
1976
Lot size
1.49 AC
Property size (Sq ft)
10,413 SF
Zone code
BI
Property type
Medical offices
Property subtype
Medical space
APN
22-23-20-300-009
APU
222320300009

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,782,580
    6.5%
    $1,645,458
    7%
    $1,527,926
  • Comparable approach

    Method
    Valuation
    Relative Method
    $974,032
    Geo Method
    $974,032
  • Alternative Use

    Use
    Valuation
    Residential
    $2,040,368
    Hospitality
    $1,868,967
    Educational
    $1,554,958
    Medical
    $1,608,436
    Retail
    $2,418,824
36650 Grand Riv, Farmington, Michigan

Location Insight

City
Farmington
County
Oakland
State
Michigan
Latitude
42.4694
Longitude
-83.4096
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
$22,313
$214,530
$290,660
$505,190
-
$429,060
$581,320
$1,010,380

FAQs

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