525 Main StMilford Charter Township, MI 48381
- Retail properties
- 19,596 SF
For Sale
$6,795,000
View listing
Property Details for 525 Main St
- Year built
- 1999
- Lot size
- 4.72 AC
- Property size (Sq ft)
- 19,596 SF
- Zone code
- BI
- Property type
- Retail properties
- Property subtype
- Super regional malls
- APN
- LM-16-10-228-004
- APU
- LM1610228004
Description
This exceptional two-story, 36,300 square foot retail center is located in the heart of downtown Milford, Michigan, on a 4.6-acre lot (APN: 16-10-228-004
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,931,260
- 6.5%
- $4,551,932
- 7%
- $4,226,794
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,619,185
- Geo Method
- $4,619,185
-
Alternative Use
- Use
- Valuation
- Residential
- $3,839,726
- Hospitality
- $3,517,168
- Educational
- $2,926,242
- Medical
- $3,026,880
- Retail
- $4,551,932
525 Main St, Milford Charter Township, Michigan
Leaflet | © OpenStreetMap contributors
Location Insight
- City
- Milford
- County
- Oakland
- State
- Michigan
- Latitude
- 42.5931
- Longitude
- -83.6015
- 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
$80,272
-
-
$1,735,330
-
-
-
$3,470,660
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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