2 Industrial ParkWilliamston, MI 48895

  • Auto shops
  • 37,347 SF
Off market

Property Details for 2 Industrial Park

Year built
1994
Lot size
16.98 AC
Property size (Sq ft)
37,347 SF
Zone code
C-2
Property type
Auto shops
APN
33-18-07-01-300-013
APU
33180701300013

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,398,233
    6.5%
    $8,675,292
    7%
    $8,055,628
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,803,465
    Geo Method
    $8,803,465
  • Alternative Use

    Use
    Valuation
    Residential
    $7,317,934
    Hospitality
    $6,703,188
    Educational
    $5,576,974
    Medical
    $5,768,774
    Retail
    $8,675,292

Location Insight

City
Williamston
County
Ingham
State
Michigan
Latitude
42.6794
Longitude
-84.281
CBSA code
29620
CBSA name
LANSING-EAST LANSING, 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
2022
$73,543
$297,200
$678,900
$976,100
-
$594,400
$1,357,800
$1,952,200

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