13001 8th MileDetroit, MI 48235

Property Details for 13001 8th Mile

Year built

1953

Lot size

0.54 AC

Property size (Sq ft)

1,769 SF

Zone code

B2

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

22018568-9

APU

220185689

• CAP approach

  CAP return

  Valuation

  6%

  $540,852

  6.5%

  $499,248

  7%

  $463,587

• Comparable approach

  Method

  Valuation

  Relative Method

  $416,990

  Geo Method

  $416,990

• Alternative Use

  Use

  Valuation

  Residential

  $421,134

  Hospitality

  $385,756

  Educational

  $320,945

  Medical

  $331,983

  Retail

  $499,248

Location Insight

City

Detroit

County

Wayne

State

Michigan

Latitude

42.4451

Longitude

-83.1751

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed value
  $215,300
• Tax year
  2020
• Tax bill
  $10,840

FAQs

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