8491 SouthfieldDetroit, MI 48228

  • Retail properties
  • 1,158 SF
Off market

Property Details for 8491 Southfield

Year built
1974
Lot size
0.20 AC
Property size (Sq ft)
1,158 SF
Zone code
B4
Property type
Retail properties
Property subtype
Auto shops
APN
22074518-23
APU
2207451823

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $354,045
    6.5%
    $326,811
    7%
    $303,467
  • Comparable approach

    Method
    Valuation
    Relative Method
    $272,965
    Geo Method
    $272,965
  • Alternative Use

    Use
    Valuation
    Residential
    $275,677
    Hospitality
    $252,519
    Educational
    $210,093
    Medical
    $217,318
    Retail
    $326,811
8491 Southfield, Detroit, Michigan

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3557
Longitude
-83.2169
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $21,400
  • Tax year
    2020
  • Tax bill
    $1,153

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