8800 McnicholsDetroit, MI 48221

  • Office properties
  • 1,665 SF
Off market
$38,720 Estimated

Property Details for 8800 Mcnichols

Year built
1956
Lot size
0.05 AC
Property size (Sq ft)
1,665 SF
Zone code
B2
Property type
Office properties
Property subtype
Office buildings
APN
16008169.
APU
16008169

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $346,296
    6.5%
    $319,658
    7%
    $296,825
  • Comparable approach

    Method
    Valuation
    Relative Method
    $155,744
    Geo Method
    $155,744
  • Alternative Use

    Use
    Valuation
    Residential
    $396,375
    Hospitality
    $363,078
    Educational
    $302,076
    Medical
    $312,465
    Retail
    $469,897
8800 Mcnichols, Detroit, Michigan

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.4172
Longitude
-83.1583
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $32,000
  • Tax year
    2020
  • Tax bill
    $2,612

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