5915 Michigan Ave Ypsilanti, MI 48197-9006
- Grocery and convenience stores
- 4,332 SF
- 0.53 lot acres
Current Use by Public Records
- Liquor Expo / Party Store / Lottery Retailer
Property Details for 5915 Michigan Ave
- Year built
- 1985
- Lot size
- 0.53 lot acres
- Property size
- 4,332 SF
- Property type
- Grocery and convenience stores
- APN
- L -12-23-300-021
- APU
- L1223300021
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $750,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $880,000
- 6.5%
- $870,000
- 7%
- $870,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $735,000
- Geo Method
- $800,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $880,000
- Retail
- $770,000
- Mixed-Use
- $900,000
- Hospitality
- $830,000
- Educational
- $780,000
- Residential Income
- $890,000
- Energy
- $760,000
- Income-Based Land
- $745,000
- Food Service
- $675,000
Location Insight
- Map
- Local Demand
- City
- Ypsilanti
- County
- Washtenaw
- State
- Michigan
- Longitude
- -83.6917
- Latitude
- 42.2021
- CBSA code
- 11460
- CBSA name
- ANN ARBOR, MI METROPOLITAN STATISTICAL AREA