5924 2ndDetroit, MI 48202

Property Details for 5924 2nd

Year built

1920

Lot size

0.13 AC

Property size (Sq ft)

7,600 SF

Zone code

SD2

Property type

Office properties

Property subtype

Office buildings

APN

02002430.

APU

2002430

• CAP approach

  CAP return

  Valuation

  6%

  $1,580,689

  6.5%

  $1,459,098

  7%

  $1,354,876

• Comparable approach

  Method

  Valuation

  Relative Method

  $710,904

  Geo Method

  $710,904

• Alternative Use

  Use

  Valuation

  Residential

  $1,809,281

  Hospitality

  $1,657,292

  Educational

  $1,378,847

  Medical

  $1,426,268

  Retail

  $2,144,874

Location Insight

City

Detroit

County

Wayne

State

Michigan

Latitude

42.3631

Longitude

-83.0726

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed value
  $187,200
• Tax year
  2020
• Tax bill
  $8,834

FAQs

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