16161 MiddlebeltLivonia, MI 48154

  • Office properties
  • 3,243 SF
Off market
$247,324 Estimated

Property Details for 16161 Middlebelt

Year built
1994
Lot size
0.46 AC
Property size (Sq ft)
3,243 SF
Property type
Office properties
Property subtype
Office buildings
APN
46 053 02 0302 001
APU
46053020302001

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $555,162
    6.5%
    $512,458
    7%
    $475,854
  • Comparable approach

    Method
    Valuation
    Relative Method
    $303,350
    Geo Method
    $303,350
  • Alternative Use

    Use
    Valuation
    Residential
    $635,448
    Hospitality
    $582,066
    Educational
    $484,272
    Medical
    $500,927
    Retail
    $753,313
16161 Middlebelt, Livonia, Michigan

Location Insight

City
Livonia
County
Wayne
State
Michigan
Latitude
42.4067
Longitude
-83.3355
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $204,400
  • Tax year
    2023
  • Tax bill
    $10,922

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