575 BellevueDetroit, MI 48207

  • Retail properties
  • 52,199 SF
Off market
$1,179,508 Estimated

Property Details for 575 Bellevue

Year built
1963
Lot size
0.68 AC
Property size (Sq ft)
52,199 SF
Zone code
SD4
Property type
Retail properties
Property subtype
Turn key restaurants
APN
15013291.002L
APU
15013291002L

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $13,804,176
    6.5%
    $12,742,316
    7%
    $11,832,151
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,304,390
    Geo Method
    $12,304,390
  • Alternative Use

    Use
    Valuation
    Residential
    $10,748,621
    Hospitality
    $9,845,679
    Educational
    $8,191,489
    Medical
    $8,473,207
    Retail
    $12,742,316
575 Bellevue, Detroit, Michigan

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3475
Longitude
-83.0081
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $974,800
  • Tax year
    2020
  • Tax bill
    $25,661

FAQs

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