5170 Grand RivDetroit, MI 48208

  • Retail properties
  • 7,688 SF
Off market
$78,892 Estimated

Property Details for 5170 Grand Riv

Year built
1914
Lot size
0.09 AC
Property size (Sq ft)
7,688 SF
Zone code
M4
Property type
Retail properties
Property subtype
Retail space
APN
10000588.
APU
10000588

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,350,518
    6.5%
    $2,169,709
    7%
    $2,014,730
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,812,222
    Geo Method
    $1,812,222
  • Alternative Use

    Use
    Valuation
    Residential
    $1,830,231
    Hospitality
    $1,676,481
    Educational
    $1,394,813
    Medical
    $1,442,782
    Retail
    $2,169,709
5170 Grand Riv, Detroit, Michigan

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3502
Longitude
-83.0923
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $65,200
  • Tax year
    2020
  • Tax bill
    $1,508

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