14501 8th MileDetroit, MI 48235

Property Details for 14501 8th Mile

Year built

1963

Lot size

0.29 AC

Property size (Sq ft)

9,941 SF

Zone code

B2

Property type

Retail properties

Property subtype

Outlet malls

APN

22018638.

APU

22018638

• CAP approach

  CAP return

  Valuation

  6%

  $3,039,347

  6.5%

  $2,805,551

  7%

  $2,605,154

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,343,300

  Geo Method

  $2,343,300

• Alternative Use

  Use

  Valuation

  Residential

  $2,366,587

  Hospitality

  $2,167,781

  Educational

  $1,803,568

  Medical

  $1,865,596

  Retail

  $2,805,551

Location Insight

City

Detroit

County

Wayne

State

Michigan

Latitude

42.4447

Longitude

-83.19

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed value
  $99,400
• Tax year
  2020
• Tax bill
  $7,642

FAQs

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