29200 VassarLivonia, MI 48152

  • Office properties
  • 122,976 SF
For Sale

Property Details for 29200 Vassar

Year built
1972
Lot size
4.48 AC
Property size (Sq ft)
122,976 SF
Property type
Office properties
Property subtype
Office buildings
APN
46 003 01 0423 000
APU
46003010423000

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $21,052,008
    6.5%
    $19,432,622
    7%
    $18,044,578
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,503,175
    Geo Method
    $11,503,175
  • Alternative Use

    Use
    Valuation
    Residential
    $24,096,452
    Hospitality
    $22,072,220
    Educational
    $18,363,828
    Medical
    $18,995,388
    Retail
    $28,565,956
29200 Vassar, Livonia, Michigan

Location Insight

City
Livonia
County
Wayne
State
Michigan
Latitude
42.4304
Longitude
-83.3337
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $1,188,100
  • Tax year
    2023
  • Tax bill
    $19,434

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