10501 JeffersonDetroit, MI 48214

  • Hospitality properties
  • 15,258 SF
Off market
$288,827 Estimated

Property Details for 10501 Jefferson

Year built
1956
Lot size
0.40 AC
Property size (Sq ft)
15,258 SF
Zone code
B4
Property type
Hospitality properties
Property subtype
Motels
APN
21000498.
APU
21000498

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,117,764
    6.5%
    $2,877,936
    7%
    $2,672,369
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,353,998
    Geo Method
    $3,353,998
  • Alternative Use

    Use
    Valuation
    Residential
    $3,141,870
    Hospitality
    $2,877,936
    Educational
    $2,394,409
    Medical
    $2,476,756
    Retail
    $3,724,636
10501 Jefferson, Detroit, Michigan

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3639
Longitude
-82.978
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $238,700
  • Tax year
    2020
  • Tax bill
    $9,512

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