25712 Grand RivRedford, MI 48240

  • Retail properties
  • 3,183 SF
For Lease
$11.31/SF/YR View listing

Property Details for 25712 Grand Riv

Year built
1959
Lot size
0.32 AC
Property size (Sq ft)
3,183 SF
Property type
Retail properties
Property subtype
Banks
APN
79 002 10 0001 000
APU
79002100001000

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $800,990
    6.5%
    $739,375
    7%
    $686,563
  • Comparable approach

    Method
    Valuation
    Relative Method
    $750,299
    Geo Method
    $750,299
  • Alternative Use

    Use
    Valuation
    Residential
    $623,691
    Hospitality
    $571,298
    Educational
    $475,313
    Medical
    $491,660
    Retail
    $739,375
25712 Grand Riv, Redford, Michigan

Location Insight

City
Redford
County
Wayne
State
Michigan
Latitude
42.4325
Longitude
-83.2962
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $176,300
  • Tax year
    2019
  • Tax bill
    $12,399

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