29691 6th MileLivonia, MI 48152

  • Office properties
  • 25,420 SF
Off market
$1,226,577 Estimated

Property Details for 29691 6th Mile

Year built
1980
Lot size
2.85 AC
Property size (Sq ft)
25,420 SF
Zone code
OS
Property type
Office properties
Property subtype
Office buildings
APN
46 053 01 0004 001
APU
46053010004001

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,351,598
    6.5%
    $4,016,859
    7%
    $3,729,941
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,377,787
    Geo Method
    $2,377,787
  • Alternative Use

    Use
    Valuation
    Residential
    $4,980,906
    Hospitality
    $4,562,482
    Educational
    $3,795,932
    Medical
    $3,926,480
    Retail
    $5,904,783
29691 6th Mile, Livonia, Michigan

Location Insight

City
Livonia
County
Wayne
State
Michigan
Latitude
42.4118
Longitude
-83.3383
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $1,013,700
  • Tax year
    2023
  • Tax bill
    $32,155

FAQs

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