5648 FtDetroit, MI 48209

  • Retail properties
  • 2,250 SF
Off market
$54,450 Estimated

Property Details for 5648 Ft

Year built
1916
Lot size
0.14 AC
Property size (Sq ft)
2,250 SF
Zone code
B4
Property type
Retail properties
Property subtype
Turn key restaurants
APN
16000325.
APU
16000325

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $595,019
    6.5%
    $549,248
    7%
    $510,016
  • Comparable approach

    Method
    Valuation
    Relative Method
    $530,372
    Geo Method
    $530,372
  • Alternative Use

    Use
    Valuation
    Residential
    $463,312
    Hospitality
    $424,391
    Educational
    $353,088
    Medical
    $365,231
    Retail
    $549,248
5648 Ft, Detroit, Michigan

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3097
Longitude
-83.0973
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $45,000
  • Tax year
    2020
  • Tax bill
    $994

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