37500 6th MileLivonia, MI 48152

  • Retail properties
  • 150,778 SF
Off market
$5,389,340 Estimated

Property Details for 37500 6th Mile

Year built
1986
Lot size
1.73 AC
Property size (Sq ft)
150,778 SF
Property type
Retail properties
Property subtype
Other retail properties
APN
46 028 99 0002 013
APU
46028990002013

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $37,942,720
    6.5%
    $35,024,052
    7%
    $32,522,332
  • Comparable approach

    Method
    Valuation
    Relative Method
    $35,541,512
    Geo Method
    $35,541,512
  • Alternative Use

    Use
    Valuation
    Residential
    $29,544,098
    Hospitality
    $27,062,234
    Educational
    $22,515,462
    Medical
    $23,289,802
    Retail
    $35,024,052
37500 6th Mile, Livonia, Michigan

Location Insight

City
Livonia
County
Wayne
State
Michigan
Latitude
42.4138
Longitude
-83.4162
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $4,454,000
  • Tax year
    2023
  • Tax bill
    $168,592

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