340 VisgerRiver Rouge, MI 48218

Property Details for 340 Visger

Year built

1945

Lot size

0.14 AC

Property size (Sq ft)

4,542 SF

Zone code

B2 GEN

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

50 010 02 0004 000

APU

50010020004000

• CAP approach

  CAP return

  Valuation

  6%

  $1,293,463

  6.5%

  $1,193,966

  7%

  $1,108,682

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,070,644

  Geo Method

  $1,070,644

• Alternative Use

  Use

  Valuation

  Residential

  $1,007,155

  Hospitality

  $922,548

  Educational

  $767,549

  Medical

  $793,947

  Retail

  $1,193,966

Location Insight

City

River Rouge

County

Wayne

State

Michigan

Latitude

42.2643

Longitude

-83.1523

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed value
  $71,900
• Tax year
  2023
• Tax bill
  $6,907

FAQs

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