38880 6th MileLivonia, MI 48152

  • Specialty properties
  • 6,143 SF
Off market
$365,299 Estimated

Property Details for 38880 6th Mile

Year built
1984
Construction
CONCRETE BLOCKS
Lot size
0.82 AC
Property size (Sq ft)
6,143 SF
Property type
Specialty properties
Property subtype
Day care centers & nurseries
APN
46 027 99 0014 006
APU
46027990014006

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,027,946
    6.5%
    $948,874
    7%
    $881,097
  • Comparable approach

    Method
    Valuation
    Relative Method
    $660,809
    Geo Method
    $660,809
  • Alternative Use

    Use
    Valuation
    Residential
    $1,203,686
    Hospitality
    $1,102,570
    Educational
    $917,325
    Medical
    $948,874
    Retail
    $1,426,950
38880 6th Mile, Livonia, Michigan

Location Insight

City
Livonia
County
Wayne
State
Michigan
Latitude
42.4113
Longitude
-83.4274
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $301,900
  • Tax year
    2023
  • Tax bill
    $16,862

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