11000 8th Mile Rd Ferndale, MI 48220-2960
- Motels
- 100,795 SF
- 4.31 lot acres
Current Use by Public Records
- Motels
Property Details for 11000 8th Mile Rd
- Year built
- 1967
- Lot size
- 4.31 lot acres
- Property size
- 100,795 SF
- Zone code
- BI
- Property type
- Motels
- APN
- S -25-32-451-002
- APU
- S2532451002
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,235,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,015,000
- 6.5%
- $1,000,000
- 7%
- $890,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $840,000
- Geo Method
- $975,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,035,000
- Retail
- $1,060,000
- Mixed-Use
- $970,000
- Hospitality
- $805,000
- Educational
- $805,000
- Residential Income
- $960,000
- Energy
- $810,000
- Income-Based Land
- $860,000
- Food Service
- $885,000
Location Insight
- Map
- Local Demand
- City
- Ferndale
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1703
- Latitude
- 42.4466
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA