49750 MartinWixom, MI 48393

  • Office properties
  • 49,929 SF
Off market
$30,757,670 Estimated

Property Details for 49750 Martin

Year built
1968
Lot size
3.07 AC
Property size (Sq ft)
49,929 SF
Zone code
M-2
Property type
Office properties
Property subtype
Office buildings
APN
96-22-06-400-016
APU
962206400016

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,547,243
    6.5%
    $7,889,762
    7%
    $7,326,208
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,670,358
    Geo Method
    $4,670,358
  • Alternative Use

    Use
    Valuation
    Residential
    $9,783,305
    Hospitality
    $8,961,455
    Educational
    $7,455,826
    Medical
    $7,712,243
    Retail
    $11,597,951
49750 Martin, Wixom, Michigan
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Location Insight

City
Wixom
County
Oakland
State
Michigan
Latitude
42.5145
Longitude
-83.5405
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
$25,704
-
-
$936,580
-
-
-
$1,873,160

FAQs

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