11002 8th MileFerndale, MI 48220

Property Details for 11002 8th Mile

Year built

1968

Lot size

0.36 AC

Property size (Sq ft)

1,290 SF

Zone code

BI

Property type

Retail properties

Property subtype

Gas stations

APN

S -25-32-451-003

APU

S2532451003

• CAP approach

  CAP return

  Valuation

  6%

  $394,403

  6.5%

  $364,064

  7%

  $338,059

• Comparable approach

  Method

  Valuation

  Method 1

  $304,080

  Method 2

  $304,080

• Alternative Use

  Use

  Valuation

  Residential

  $307,102

  Hospitality

  $281,303

  Educational

  $234,041

  Medical

  $242,090

  Retail

  $364,064

Location Insight

City

Ferndale

County

Oakland

State

Michigan

Latitude

42.446

Longitude

-83.1708

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed value
  $89,990
• Tax year
  2023
• Tax bill
  $9,846

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