4700 DavisonDetroit, MI 48212

  • Retail properties
  • 1,101 SF
Off market
$59,774 Estimated

Property Details for 4700 Davison

Year built
1971
Lot size
0.32 AC
Property size (Sq ft)
1,101 SF
Zone code
B4
Property type
Retail properties
Property subtype
Turn key restaurants
APN
13007495-9
APU
130074959

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $336,618
    6.5%
    $310,724
    7%
    $288,530
  • Comparable approach

    Method
    Valuation
    Relative Method
    $259,529
    Geo Method
    $259,529
  • Alternative Use

    Use
    Valuation
    Residential
    $262,108
    Hospitality
    $240,089
    Educational
    $199,751
    Medical
    $206,621
    Retail
    $310,724
4700 Davison, Detroit, Michigan

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.4178
Longitude
-83.0548
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $49,400
  • Tax year
    2020
  • Tax bill
    $2,760

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