3125 GratiotDetroit, MI 48207

Property Details for 3125 Gratiot

Year built

1921

Lot size

0.12 AC

Property size (Sq ft)

5,000 SF

Zone code

B4

Property type

Retail properties

Property subtype

Auto shops

APN

13001824.

APU

13001824

• CAP approach

  CAP return

  Valuation

  6%

  $1,466,341

  6.5%

  $1,353,545

  7%

  $1,256,864

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,178,604

  Geo Method

  $1,178,604

• Alternative Use

  Use

  Valuation

  Residential

  $1,141,766

  Hospitality

  $1,045,852

  Educational

  $870,136

  Medical

  $900,062

  Retail

  $1,353,545

Location Insight

City

Detroit

County

Wayne

State

Michigan

Latitude

42.3578

Longitude

-83.029

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed value
  $10,300
• Tax year
  2020
• Tax bill
  $507

FAQs

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