64 WatsonDetroit, MI 48201

  • Hospitality properties
  • 11,961 SF
Off market
$1,202,210 Estimated

Property Details for 64 Watson

Year built
1905
Lot size
0.12 AC
Property size (Sq ft)
11,961 SF
Zone code
PD
Property type
Hospitality properties
Property subtype
Hotels
APN
01000750.
APU
1000750

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,825,628
    6.5%
    $2,608,272
    7%
    $2,421,967
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,629,255
    Geo Method
    $2,629,255
  • Alternative Use

    Use
    Valuation
    Residential
    $2,847,475
    Hospitality
    $2,608,272
    Educational
    $2,170,052
    Medical
    $2,244,683
    Retail
    $3,375,636
64 Watson, Detroit, Michigan

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3451
Longitude
-83.0549
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Tax year
    2018
  • Tax bill
    $1,892

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