32450 13th MileFarmington Hills, MI 48334

  • Office properties
  • 6,969 SF
Off market
$11,782,210 Estimated

Property Details for 32450 13th Mile

Year built
1986
Lot size
1.18 AC
Property size (Sq ft)
6,969 SF
Zone code
MM
Property type
Office properties
Property subtype
Office buildings
APN
22-23-03-378-059
APU
222303378059

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,193,009
    6.5%
    $1,101,239
    7%
    $1,022,579
  • Comparable approach

    Method
    Valuation
    Relative Method
    $651,880
    Geo Method
    $651,880
  • Alternative Use

    Use
    Valuation
    Residential
    $1,365,536
    Hospitality
    $1,250,824
    Educational
    $1,040,671
    Medical
    $1,076,461
    Retail
    $1,618,821
32450 13th Mile, Farmington Hills, Michigan
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Location Insight

City
Farmington Hills
County
Oakland
State
Michigan
Latitude
42.5141
Longitude
-83.3695
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
$17,764
$102,460
$226,370
$328,830
-
$204,920
$452,740
$657,660

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