20550 VernierHarper Woods, MI 48225

  • Office properties
  • 5,387 SF
Off market
$156,574 Estimated

Property Details for 20550 Vernier

Year built
1968
Lot size
0.45 AC
Property size (Sq ft)
5,387 SF
Zone code
R-2
Property type
Office properties
Property subtype
Office buildings
APN
42 010 07 0160 001
APU
42010070160001

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,120,417
    6.5%
    $1,034,231
    7%
    $960,358
  • Comparable approach

    Method
    Valuation
    Relative Method
    $503,900
    Geo Method
    $503,900
  • Alternative Use

    Use
    Valuation
    Residential
    $1,282,447
    Hospitality
    $1,174,714
    Educational
    $977,349
    Medical
    $1,010,961
    Retail
    $1,520,320
20550 Vernier, Harper Woods, Michigan

Location Insight

City
Harper Woods
County
Wayne
State
Michigan
Latitude
42.4462
Longitude
-82.9199
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $129,400
  • Tax year
    2023
  • Tax bill
    $13,227

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