29441 6th MileLivonia, MI 48152

  • Retail properties
  • 8,180 SF
Off market
$480,249 Estimated

Property Details for 29441 6th Mile

Year built
1967
Construction
CONCRETE BLOCKS
Lot size
1.06 AC
Property size (Sq ft)
8,180 SF
Property type
Retail properties
Property subtype
Strip malls
APN
46 053 99 0001 002
APU
46053990001002

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,058,466
    6.5%
    $1,900,123
    7%
    $1,764,400
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,928,196
    Geo Method
    $1,928,196
  • Alternative Use

    Use
    Valuation
    Residential
    $1,602,825
    Hospitality
    $1,468,179
    Educational
    $1,221,508
    Medical
    $1,263,517
    Retail
    $1,900,123
29441 6th Mile, Livonia, Michigan

Location Insight

City
Livonia
County
Wayne
State
Michigan
Latitude
42.412
Longitude
-83.3364
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $396,900
  • Tax year
    2023
  • Tax bill
    $14,038

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