31371 John RMadison Heights, MI 48071

  • Retail properties
  • 1,238 SF
Off market
$4,408,180 Estimated

Property Details for 31371 John R

Year built
1989
Lot size
0.44 AC
Property size (Sq ft)
1,238 SF
Zone code
B-1 LOC
Property type
Retail properties
Property subtype
Auto shops
APN
44-25-02-477-021
APU
442502477021

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $378,504
    6.5%
    $349,389
    7%
    $324,432
  • Comparable approach

    Method
    Valuation
    Relative Method
    $291,822
    Geo Method
    $291,822
  • Alternative Use

    Use
    Valuation
    Residential
    $294,722
    Hospitality
    $269,964
    Educational
    $224,607
    Medical
    $232,332
    Retail
    $349,389
31371 John R, Madison Heights, Michigan
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Location Insight

City
Madison Heights
County
Oakland
State
Michigan
Latitude
42.5235
Longitude
-83.1073
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
$6,390
-
-
$181,390
-
-
-
$362,780

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