13001 8th MileDetroit, MI 48235

  • Retail properties
  • 1,769 SF
Off market
$260,513 Estimated

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

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • 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
13001 8th Mile, Detroit, Michigan

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

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