787 SouthfieldLincoln Park, MI 48146

  • Mixed-use properties
  • 5,280 SF
Off market
$153,670 Estimated

Property Details for 787 Southfield

Year built
1949
Lot size
0.23 AC
Property size (Sq ft)
5,280 SF
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
45 008 05 0107 001
APU
45008050107001

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,022,960
    6.5%
    $944,271
    7%
    $876,823
  • Comparable approach

    Method
    Valuation
    Relative Method
    $493,891
    Geo Method
    $493,891
  • Alternative Use

    Use
    Valuation
    Residential
    $1,170,896
    Hospitality
    $1,072,534
    Educational
    $892,336
    Medical
    $923,025
    Retail
    $1,388,078
787 Southfield, Lincoln Park, Michigan

Location Insight

City
Lincoln Park
County
Wayne
State
Michigan
Latitude
42.247
Longitude
-83.1671
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $127,000
  • Tax year
    2019
  • Tax bill
    $3,530

Property Visit Statistics

  • Visits by month
    833
  • Visitors by month
    669
  • Avg Time on site
    16 min

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