28250 5th MileLivonia, MI 48154

Property Details for 28250 5th Mile

Year built

1967

Lot size

0.74 AC

Property size (Sq ft)

1,347 SF

Property type

Office properties

Property subtype

Office buildings

APN

46 052 99 0007 000

APU

46052990007000

• CAP approach

  CAP return

  Valuation

  6%

  $230,590

  6.5%

  $212,852

  7%

  $197,649

• Comparable approach

  Method

  Valuation

  Relative Method

  $125,998

  Geo Method

  $125,998

• Alternative Use

  Use

  Valuation

  Residential

  $263,937

  Hospitality

  $241,765

  Educational

  $201,146

  Medical

  $208,063

  Retail

  $312,893

Location Insight

City

Livonia

County

Wayne

State

Michigan

Latitude

42.3989

Longitude

-83.3225

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed value
  $119,300
• Tax year
  2023
• Tax bill
  $5,661

FAQs

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