21624 Grand RivDetroit, MI 48219

  • Retail properties
  • 4,844 SF
Off market
$407,165 Estimated

Property Details for 21624 Grand Riv

Year built
1988
Lot size
1.03 AC
Property size (Sq ft)
4,844 SF
Zone code
B3
Property type
Retail properties
Property subtype
Drive through restaurants
APN
22007831-4
APU
220078314

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,218,974
    6.5%
    $1,125,207
    7%
    $1,044,835
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,141,832
    Geo Method
    $1,141,832
  • Alternative Use

    Use
    Valuation
    Residential
    $949,154
    Hospitality
    $869,420
    Educational
    $723,348
    Medical
    $748,225
    Retail
    $1,125,207
21624 Grand Riv, Detroit, Michigan

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.4163
Longitude
-83.2558
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $336,500
  • Tax year
    2020
  • Tax bill
    $17,348

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