2425 12th MileWarren, MI 48092

  • Healthcare properties
  • 5,317 SF
Off market
$314,927 Estimated

Property Details for 2425 12th Mile

Year built
1994
Lot size
0.58 AC
Property size (Sq ft)
5,317 SF
Zone code
C-1
Property type
Healthcare properties
Property subtype
Medical offices
APN
12-13-07-378-014
APU
121307378014

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,105,858
    6.5%
    $1,020,792
    7%
    $947,879
  • Comparable approach

    Method
    Valuation
    Relative Method
    $497,352
    Geo Method
    $497,352
  • Alternative Use

    Use
    Valuation
    Residential
    $1,265,782
    Hospitality
    $1,159,450
    Educational
    $964,649
    Medical
    $997,824
    Retail
    $1,500,565
2425 12th Mile, Warren, Michigan

Location Insight

City
Warren
County
Macomb
State
Michigan
Latitude
42.5057
Longitude
-83.0802
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $260,270
  • Tax year
    2022
  • Tax bill
    $15,793

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