What % drop in value would a gas station/C-Store have had from 2004 until today in suburban Wayne County, Mich

I'm doing a BOV on a nice Gas Station/C-Store off an Interstate in Belleville Michigan. It was appraised in early 2004 and I'm trying to determine what % of value Gas stations have dropped since 2004 so I can use that as a tool to determine value. I may need a local Broker to list this Property down the road. If you know this market I'd appreciate your opinion. I'm at (949) 891-7578.
In Market Conditions - Asked by Chris F. - May 6, 2011
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Chris F.
Broker/Agent
Newport Beach, CA

Louis Ciotti with Signature in the Detroit area was able to answer this question and was very impressive with his knowledge and understanding of the not only the Metro Detroit Market conditions but Valuation, trends, and how to make the best decisions regarding our Gas Station/C-Store Asset- Andrew LaMothe, California Commercial Partners Inc, Newport Beach, CA

May 11, 2011
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