24111 GroesbeckWarren, MI 48089

  • Retail properties
  • 7,963 SF
Off market
$214,376 Estimated

Property Details for 24111 Groesbeck

Year built
1967
Lot size
0.64 AC
Property size (Sq ft)
7,963 SF
Zone code
M-2
Property type
Retail properties
Property subtype
Auto shops
APN
12-13-25-151-014
APU
121325151014

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,434,596
    6.5%
    $2,247,319
    7%
    $2,086,796
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,877,045
    Geo Method
    $1,877,045
  • Alternative Use

    Use
    Valuation
    Residential
    $1,895,698
    Hospitality
    $1,736,449
    Educational
    $1,444,705
    Medical
    $1,494,391
    Retail
    $2,247,319
24111 Groesbeck, Warren, Michigan

Location Insight

City
Warren
County
Macomb
State
Michigan
Latitude
42.4725
Longitude
-82.9859
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $177,170
  • Tax year
    2022
  • Tax bill
    $11,330

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