15137 7th MileDetroit, MI 48235

Property Details for 15137 7th Mile

Year built

1951

Lot size

0.09 AC

Property size (Sq ft)

2,960 SF

Zone code

B4

Property type

Retail properties

Property subtype

Turn key restaurants

APN

22016126-7

APU

220161267

• CAP approach

  CAP return

  Valuation

  6%

  $904,986

  6.5%

  $835,372

  7%

  $775,702

• Comparable approach

  Method

  Valuation

  Relative Method

  $697,734

  Geo Method

  $697,734

• Alternative Use

  Use

  Valuation

  Residential

  $704,667

  Hospitality

  $645,472

  Educational

  $537,025

  Medical

  $555,494

  Retail

  $835,372

Location Insight

City

Detroit

County

Wayne

State

Michigan

Latitude

42.4303

Longitude

-83.1958

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed value
  $63,100
• Tax year
  2020
• Tax bill
  $4,097

FAQs

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