10145 8th MileDetroit, MI 48221

  • Retail properties
  • 1,189 SF
Off market
$62,678 Estimated

Property Details for 10145 8th Mile

Year built
1960
Lot size
0.10 AC
Property size (Sq ft)
1,189 SF
Zone code
B2
Property type
Retail properties
Property subtype
Drive through restaurants
APN
16009457-8
APU
160094578

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $363,523
    6.5%
    $335,560
    7%
    $311,591
  • Comparable approach

    Method
    Valuation
    Relative Method
    $280,272
    Geo Method
    $280,272
  • Alternative Use

    Use
    Valuation
    Residential
    $283,057
    Hospitality
    $259,279
    Educational
    $215,717
    Medical
    $223,136
    Retail
    $335,560
10145 8th Mile, Detroit, Michigan

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.4453
Longitude
-83.1635
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $51,800
  • Tax year
    2020
  • Tax bill
    $3,253

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