2027 McnicholsDetroit, MI 48212

  • Retail properties
  • 3,346 SF
For Sale
$289,900 View listing

Property Details for 2027 Mcnichols

Year built
1970
Lot size
0.20 AC
Property size (Sq ft)
3,346 SF
Zone code
B4
Property type
Retail properties
Property subtype
Auto shops
APN
09006693-6
APU
90066936

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,023,001
    6.5%
    $944,309
    7%
    $876,858
  • Comparable approach

    Method
    Valuation
    Relative Method
    $788,722
    Geo Method
    $788,722
  • Alternative Use

    Use
    Valuation
    Residential
    $796,560
    Hospitality
    $729,644
    Educational
    $607,056
    Medical
    $627,933
    Retail
    $944,309
2027 Mcnichols, Detroit, Michigan

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.4187
Longitude
-83.0806
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $62,900
  • Tax year
    2020
  • Tax bill
    $5,538

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