216 CommerceMilford, MI 48381

  • Healthcare properties
  • 2,634 SF
Off market
$2,003,760 Estimated

Property Details for 216 Commerce

Year built
1962
Lot size
0.20 AC
Property size (Sq ft)
2,634 SF
Zone code
RI
Property type
Healthcare properties
Property subtype
Medical offices
APN
LM-16-11-108-004
APU
LM1611108004

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $450,909
    6.5%
    $416,224
    7%
    $386,493
  • Comparable approach

    Method
    Valuation
    Relative Method
    $246,384
    Geo Method
    $246,384
  • Alternative Use

    Use
    Valuation
    Residential
    $516,117
    Hospitality
    $472,761
    Educational
    $393,331
    Medical
    $406,859
    Retail
    $611,849
216 Commerce, Milford, Michigan
Leaflet | © OpenStreetMap contributors

Location Insight

City
Milford
County
Oakland
State
Michigan
Latitude
42.5915
Longitude
-83.5983
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
$7,736
-
-
$164,410
-
-
-
$328,820

FAQs

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