31868 NorthwesternFarmington Hills, MI 48334

  • Office buildings
  • 477 SF
Off market
$881,590 Estimated

Property Details for 31868 Northwestern

Year built
1983
Lot size
0.09 AC
Property size (Sq ft)
477 SF
Zone code
KI
Property type
Office buildings
APN
22-23-02-279-024
APU
222302279024

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $81,657
    6.5%
    $75,375
    7%
    $69,991
  • Comparable approach

    Method
    Valuation
    Relative Method
    $44,619
    Geo Method
    $44,619
  • Alternative Use

    Use
    Valuation
    Residential
    $93,465
    Hospitality
    $85,614
    Educational
    $71,230
    Medical
    $73,679
    Retail
    $110,802
31868 Northwestern, Farmington Hills, Michigan

Location Insight

City
Farmington Hills
County
Oakland
State
Michigan
Latitude
42.5217
Longitude
-83.3436
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
$1,618
$15,890
$18,130
$34,020
-
$31,780
$36,260
$68,040

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