16701 MiddlebeltLivonia, MI 48154

Property Details for 16701 Middlebelt

Year built

1973

Construction

BRICK

Lot size

1.76 AC

Property size (Sq ft)

9,712 SF

Property type

Retail properties

Property subtype

Strip malls

APN

46 053 01 0041 000

APU

46053010041000

• CAP approach

  CAP return

  Valuation

  6%

  $2,443,988

  6.5%

  $2,255,990

  7%

  $2,094,847

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,289,320

  Geo Method

  $2,289,320

• Alternative Use

  Use

  Valuation

  Residential

  $1,903,012

  Hospitality

  $1,743,148

  Educational

  $1,450,279

  Medical

  $1,500,156

  Retail

  $2,255,990

Location Insight

City

Livonia

County

Wayne

State

Michigan

Latitude

42.4094

Longitude

-83.3355

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed value
  $350,600
• Tax year
  2023
• Tax bill
  $15,619

FAQs

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