725 MilfordMilford, MI 48381

  • Healthcare properties
  • 9,959 SF
Off market
$18,835,390 Estimated

Property Details for 725 Milford

Year built
1988
Lot size
1.88 AC
Property size (Sq ft)
9,959 SF
Zone code
BI
Property type
Healthcare properties
Property subtype
Medical offices
APN
LM-16-03-453-021
APU
LM1603453021

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,704,861
    6.5%
    $1,573,718
    7%
    $1,461,309
  • Comparable approach

    Method
    Valuation
    Relative Method
    $931,565
    Geo Method
    $931,565
  • Alternative Use

    Use
    Valuation
    Residential
    $1,951,410
    Hospitality
    $1,787,481
    Educational
    $1,487,163
    Medical
    $1,538,309
    Retail
    $2,313,365
725 Milford, Milford, Michigan
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Location Insight

City
Milford
County
Oakland
State
Michigan
Latitude
42.5948
Longitude
-83.6066
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
$38,701
-
-
$866,200
-
-
-
$1,732,400

FAQs

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