55840 Grand RivNew Hudson, MI 48165

  • Mixed-use properties
  • 20,270 SF
For Lease
$7/SF/YR View listing

Property Details for 55840 Grand Riv

Year built
2000
Lot size
2.26 AC
Property size (Sq ft)
20,270 SF
Zone code
KI
Property type
Mixed-use properties
Property subtype
Other industrial properties
APN
K -21-03-401-001
APU
K2103401001

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,302,774
    6.5%
    $3,971,792
    7%
    $3,688,092
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,938,886
    Geo Method
    $2,938,886
  • Alternative Use

    Use
    Valuation
    Residential
    $3,971,792
    Hospitality
    $3,638,140
    Educational
    $3,026,890
    Medical
    $3,130,989
    Retail
    $4,708,496
55840 Grand Riv, New Hudson, Michigan
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Location Insight

City
New Hudson
County
Oakland
State
Michigan
Latitude
42.5098
Longitude
-83.6041
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $903,090
  • Tax year
    2023
  • Tax bill
    $21,702

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