1900 RedbudLansing, MI 48917

  • Assisted living facilities
  • 59,163 SF
Off market
$41,077,080 Estimated

Property Details for 1900 Redbud

Year built
1999
Lot size
4.10 AC
Property size (Sq ft)
59,163 SF
Zone code
NONE
Property type
Assisted living facilities
Property subtype
Retirement homes
APN
040 010 100 012 00
APU
4001010001200

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,461,110
    6.5%
    $5,041,020
    7%
    $4,680,950
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,901,260
    Geo Method
    $3,901,260
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $10,854,000
    Retail / Commercial
    $4,933,350
    Mixed-Use / Specialty
    $4,417,330
    Hospitality / Lodging
    $2,591,920
    Office
    $3,871,940
    Institutional / Educational
    $4,414,100
    Residential Income
    $5,164,500
    Multifamily
    $8,957,240
    Automotive / Energy
    $3,783,520
    Parking / Income-Based Land
    $1,798,090
    Restaurant / Food Service
    $1,233,740

Location Insight

City
Lansing
County
Eaton
State
Michigan
Latitude
42.7549
Longitude
-84.6574
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
2023
$70,537
-
-
$1,779,900
-
-
-
$3,559,800

FAQs

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