2411 Orch LkSylvan Lake, MI 48320

  • Retail space
  • 1,421 SF
Off market
$4,618,630 Estimated

Property Details for 2411 Orch Lk

Year built
1957
Lot size
0.46 AC
Property size (Sq ft)
1,421 SF
Zone code
BI
Property type
Retail space
APN
X -18-01-376-001
APU
X1801376001

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $357,589
    6.5%
    $330,082
    7%
    $306,505
  • Comparable approach

    Method
    Valuation
    Relative Method
    $334,959
    Geo Method
    $334,959
  • Alternative Use

    Use
    Valuation
    Residential
    $278,437
    Hospitality
    $255,047
    Educational
    $212,196
    Medical
    $219,494
    Retail
    $330,082
2411 Orch Lk, Sylvan Lake, Michigan

Location Insight

City
Sylvan Lake
County
Oakland
State
Michigan
Latitude
42.6096
Longitude
-83.3323
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
$5,592
-
-
$126,880
-
-
-
$253,760

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