906 11th MileMadison Heights, MI 48071

  • Retail properties
  • 4,200 SF
Off market
$182,340 Estimated

Property Details for 906 11th Mile

Year built
1946
Lot size
0.14 AC
Property size (Sq ft)
4,200 SF
Zone code
B-3 GEN
Property type
Retail properties
Property subtype
Auto shops
APN
44-25-14-389-011
APU
442514389011

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,284,102
    6.5%
    $1,185,325
    7%
    $1,100,659
  • Comparable approach

    Method
    Valuation
    Relative Method
    $990,027
    Geo Method
    $990,027
  • Alternative Use

    Use
    Valuation
    Residential
    $999,866
    Hospitality
    $915,872
    Educational
    $761,994
    Medical
    $788,201
    Retail
    $1,185,325
906 11th Mile, Madison Heights, Michigan
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Location Insight

City
Madison Heights
County
Oakland
State
Michigan
Latitude
42.4909
Longitude
-83.115
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,828
-
-
$182,340
-
-
-
$364,680

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