206 CommerceMilford, MI 48381

  • Office buildings
  • 3,419 SF
Off market
$2,504,700 Estimated

Property Details for 206 Commerce

Lot size
0.25 AC
Property size (Sq ft)
3,419 SF
Zone code
BI
Property type
Office buildings
APN
LM-16-11-108-008
APU
LM1611108008

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $585,292
    6.5%
    $540,269
    7%
    $501,678
  • Comparable approach

    Method
    Valuation
    Relative Method
    $319,813
    Geo Method
    $319,813
  • Alternative Use

    Use
    Valuation
    Residential
    $669,934
    Hospitality
    $613,656
    Educational
    $510,554
    Medical
    $528,113
    Retail
    $794,196
206 Commerce, Milford, Michigan

Location Insight

City
Milford
County
Oakland
State
Michigan
Latitude
42.5915
Longitude
-83.5988
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
$7,184
-
-
$241,280
-
-
-
$482,560

FAQs

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