8118 LivernoisDetroit, MI 48204

  • Retail properties
  • 2,040 SF
Off market

Property Details for 8118 Livernois

Year built
1937
Lot size
0.05 AC
Property size (Sq ft)
2,040 SF
Property type
Retail properties
Property subtype
Auto shops
APN
16017284.
APU
16017284

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $623,707
    6.5%
    $575,729
    7%
    $534,606
  • Comparable approach

    Method
    Valuation
    Relative Method
    $480,870
    Geo Method
    $480,870
  • Alternative Use

    Use
    Valuation
    Residential
    $485,649
    Hospitality
    $444,852
    Educational
    $370,112
    Medical
    $382,840
    Retail
    $575,729
8118 Livernois, Detroit, Michigan

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3538
Longitude
-83.1365
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $19,700
  • Tax year
    2020
  • Tax bill
    $1,043

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