1958 GreenwoodPrescott, MI 48756

  • Commercial real estate
  • 9,100 SF
Off market
$28,252,970 Estimated

Property Details for 1958 Greenwood

Year built
2017
Lot size
2.82 AC
Property size (Sq ft)
9,100 SF
Property type
Commercial real estate
APN
010-271-003-30
APU
1027100330

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,765,520
    6.5%
    $1,629,710
    7%
    $1,513,300
  • Comparable approach

    Method
    Valuation
    Relative Method
    $851,214
    Geo Method
    $851,214
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $3,166,030
    Retail / Commercial
    $1,631,840
    Mixed-Use / Specialty
    $1,632,580
    Hospitality / Lodging
    $1,206,310
    Office
    $1,629,710
    Institutional / Educational
    $1,699,570
    Residential Income
    $1,988,500
    Multifamily
    $2,348,560
    Automotive / Energy
    $1,456,770
    Parking / Income-Based Land
    $496,239
    Restaurant / Food Service
    $863,107
    Healthcare / Senior Housing
    $1,667,460

Location Insight

City
Prescott
County
Ogemaw
State
Michigan
Latitude
44.1826
Longitude
-84.0467

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
$8,779
-
-
$235,900
-
-
-
$235,900

FAQs

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