4705 DavisonHamtramck, MI 48212

  • Retail properties
  • 2,062 SF
Off market
$69,454 Estimated

Property Details for 4705 Davison

Year built
1940
Lot size
0.12 AC
Property size (Sq ft)
2,062 SF
Zone code
B4
Property type
Retail properties
Property subtype
Auto shops
APN
13007579-80
APU
1300757980

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $630,433
    6.5%
    $581,938
    7%
    $540,371
  • Comparable approach

    Method
    Valuation
    Relative Method
    $486,056
    Geo Method
    $486,056
  • Alternative Use

    Use
    Valuation
    Residential
    $490,886
    Hospitality
    $449,649
    Educational
    $374,103
    Medical
    $386,969
    Retail
    $581,938
4705 Davison, Hamtramck, Michigan

Location Insight

City
Hamtramck
County
Wayne
State
Michigan
Latitude
42.4182
Longitude
-83.0551
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $57,400
  • Tax year
    2020
  • Tax bill
    $903

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