27501 WoodwardBerkley, MI 48072

  • Retail properties
  • 7,312 SF
Off market
$390,044 Estimated

Property Details for 27501 Woodward

Year built
1978
Lot size
0.20 AC
Property size (Sq ft)
7,312 SF
Zone code
BI
Property type
Retail properties
Property subtype
Auto shops
APN
04-25-16-309-021
APU
42516309021

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,235,560
    6.5%
    $2,063,594
    7%
    $1,916,194
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,723,590
    Geo Method
    $1,723,590
  • Alternative Use

    Use
    Valuation
    Residential
    $1,740,719
    Hospitality
    $1,594,489
    Educational
    $1,326,596
    Medical
    $1,372,220
    Retail
    $2,063,594
27501 Woodward, Berkley, Michigan

Location Insight

City
Berkley
County
Oakland
State
Michigan
Latitude
42.4928
Longitude
-83.1626
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $322,350
  • Tax year
    2023
  • Tax bill
    $15,324

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