14650 Old Us Hwy 12thChelsea, MI 48118

  • Medical offices
  • 4,969 SF
Off market
$498,200 Estimated

Property Details for 14650 Old Us Hwy 12th

Year built
2006
Property size (Sq ft)
4,969 SF
Zone code
MC MEDI
Property type
Medical offices
Property subtype
Medical centers
APN
06-88-12-476-010
APU
68812476010

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $850,633
    6.5%
    $785,200
    7%
    $729,114
  • Comparable approach

    Method
    Valuation
    Relative Method
    $464,800
    Geo Method
    $464,800
  • Alternative Use

    Use
    Valuation
    Residential
    $973,648
    Hospitality
    $891,856
    Educational
    $742,014
    Medical
    $767,533
    Retail
    $1,154,243

Location Insight

City
Chelsea
County
Washtenaw
State
Michigan
Latitude
42.3085
Longitude
-84.0149
CBSA code
11460
CBSA name
ANN ARBOR, 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
$29,864
-
-
$498,200
-
-
-
$996,400

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