31840 7th MileLivonia, MI 48152

  • Specialty properties
  • 7,933 SF
Off market
$17,031,960 Estimated

Property Details for 31840 7th Mile

Lot size
1.70 AC
Property size (Sq ft)
7,933 SF
Zone code
RUF
Property type
Specialty properties
Property subtype
Day care centers & nurseries
APN
46 012 01 0246 000
APU
46012010246000

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,327,478
    6.5%
    $1,225,364
    7%
    $1,137,838
  • Comparable approach

    Method
    Valuation
    Relative Method
    $853,361
    Geo Method
    $853,361
  • Alternative Use

    Use
    Valuation
    Residential
    $1,554,426
    Hospitality
    $1,423,846
    Educational
    $1,184,624
    Medical
    $1,225,364
    Retail
    $1,842,748
31840 7th Mile, Livonia, Michigan

Location Insight

City
Livonia
County
Wayne
State
Michigan
Latitude
42.427
Longitude
-83.3608
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Tax year
    2023
  • Tax bill
    $14,212

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