48900 12th MileWixom, MI 48393

  • Retail properties
  • 15,033 SF
Off market
$18,334,450 Estimated

Property Details for 48900 12th Mile

Year built
2020
Lot size
1.83 AC
Property size (Sq ft)
15,033 SF
Zone code
B-3
Property type
Retail properties
Property subtype
Outlet malls
APN
96-22-08-376-018
APU
962208376018

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,782,998
    6.5%
    $3,491,998
    7%
    $3,242,570
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,543,591
    Geo Method
    $3,543,591
  • Alternative Use

    Use
    Valuation
    Residential
    $2,945,632
    Hospitality
    $2,698,182
    Educational
    $2,244,856
    Medical
    $2,322,060
    Retail
    $3,491,998
48900 12th Mile, Wixom, Michigan
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Location Insight

City
Wixom
County
Oakland
State
Michigan
Latitude
42.4946
Longitude
-83.5323
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
$45,220
-
-
$986,500
-
-
-
$1,973,000

FAQs

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