1088 SouthfieldLincoln Park, MI 48146

  • Healthcare properties
  • 3,400 SF
For Sale
$325,000 View listing

Property Details for 1088 Southfield

Year built
1950
Lot size
0.23 AC
Property size (Sq ft)
3,400 SF
Property type
Healthcare properties
Property subtype
Medical offices
APN
45 007 09 0047 000
APU
45007090047000

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $694,122
    6.5%
    $640,728
    7%
    $594,962
  • Comparable approach

    Method
    Valuation
    Relative Method
    $318,036
    Geo Method
    $318,036
  • Alternative Use

    Use
    Valuation
    Residential
    $794,502
    Hospitality
    $727,760
    Educational
    $605,488
    Medical
    $626,311
    Retail
    $941,870
1088 Southfield, Lincoln Park, Michigan

Location Insight

City
Lincoln Park
County
Wayne
State
Michigan
Latitude
42.2495
Longitude
-83.1733
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $131,000
  • Tax year
    2019
  • Tax bill
    $15,052

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