16389 FtSouthgate, MI 48195

Property Details for 16389 Ft

Year built

1988

Lot size

0.42 AC

Property size (Sq ft)

5,599 SF

Zone code

C-3 THOROFARE

Property type

Retail properties

Property subtype

Auto shops

APN

53 020 01 0378 000

APU

53020010378000

• CAP approach

  CAP return

  Valuation

  6%

  $1,480,672

  6.5%

  $1,366,774

  7%

  $1,269,147

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,319,801

  Geo Method

  $1,319,801

• Alternative Use

  Use

  Valuation

  Residential

  $1,152,925

  Hospitality

  $1,056,073

  Educational

  $878,640

  Medical

  $908,858

  Retail

  $1,366,774

Location Insight

City

Southgate

County

Wayne

State

Michigan

Latitude

42.1894

Longitude

-83.1818

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed value
  $163,600
• Tax year
  2023
• Tax bill
  $12,305

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