109 SewardDetroit, MI 48202

  • Retail properties
  • 6,972 SF
Off market
$117,733 Estimated

Property Details for 109 Seward

Year built
1926
Lot size
0.24 AC
Property size (Sq ft)
6,972 SF
Zone code
R5
Property type
Retail properties
Property subtype
Parking lots & garages
APN
02001190.
APU
2001190

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,131,609
    6.5%
    $1,967,639
    7%
    $1,827,094
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,643,445
    Geo Method
    $1,643,445
  • Alternative Use

    Use
    Valuation
    Residential
    $1,659,777
    Hospitality
    $1,520,347
    Educational
    $1,264,911
    Medical
    $1,308,413
    Retail
    $1,967,639
109 Seward, Detroit, Michigan

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3741
Longitude
-83.0783
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $97,300
  • Tax year
    2020
  • Tax bill
    $240

FAQs

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