2398 FranklinBloomfield Hills, MI 48302

  • Retail properties
  • 10,740 SF
Off market
$9,818,470 Estimated

Property Details for 2398 Franklin

Year built
1985
Lot size
0.98 AC
Property size (Sq ft)
10,740 SF
Property type
Retail properties
Property subtype
Super regional malls
APN
C -19-05-476-102
APU
C1905476102

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $2,702,681
    6.5%
    $2,494,782
    7%
    $2,316,584

  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,531,642
    Geo Method
    $2,531,642

  • Alternative Use

    Use
    Valuation
    Residential
    $2,104,442
    Hospitality
    $1,927,658
    Educational
    $1,603,789
    Medical
    $1,658,946
    Retail
    $2,494,782
2398 Franklin, Bloomfield Hills, Michigan
+−
Leaflet | © OpenStreetMap contributors

Location Insight

City
Bloomfield Hills
County
Oakland
State
Michigan
Latitude
42.6034
Longitude
-83.2881
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
$21,635
-
-
$800,600
-
-
-
$1,601,200

Comparable in this City

Similar Nearby for Sale

Similar Nearby for Lease

Property Visit Statistics

  • Visits by month
    1.0k
  • Visitors by month
    828
  • Avg Time on site
    36 min

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

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