25890 5th MileRedford, MI 48239

Property Details for 25890 5th Mile

Year built

1946

Construction

CONCRETE BLOCKS

Lot size

0.09 AC

Property size (Sq ft)

3,040 SF

Property type

Office properties

Property subtype

Office buildings

APN

79 020 02 0015 000

APU

79020020015000

• CAP approach

  CAP return

  Valuation

  6%

  $520,411

  6.5%

  $480,380

  7%

  $446,067

• Comparable approach

  Method

  Valuation

  Relative Method

  $284,362

  Geo Method

  $284,362

• Alternative Use

  Use

  Valuation

  Residential

  $595,671

  Hospitality

  $545,631

  Educational

  $453,959

  Medical

  $469,571

  Retail

  $706,158

Location Insight

City

Redford

County

Wayne

State

Michigan

Latitude

42.3998

Longitude

-83.2972

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed value
  $59,400
• Tax year
  2019
• Tax bill
  $3,981

FAQs

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