2002 SaginawLansing, MI 48912

  • Medical offices
  • 2,568 SF
Off market
$3,406,300 Estimated

Property Details for 2002 Saginaw

Year built
1959
Lot size
0.34 AC
Property size (Sq ft)
2,568 SF
Zone code
D-1 PRO
Property type
Medical offices
Property subtype
Medical centers
APN
33-01-01-14-102-011
APU
33010114102011

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $182,069
    6.5%
    $168,063
    7%
    $156,059
  • Comparable approach

    Method
    Valuation
    Relative Method
    $240,211
    Geo Method
    $240,211
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $471,122
    Retail / Commercial
    $214,135
    Mixed-Use / Specialty
    $191,736
    Hospitality / Lodging
    $112,503
    Institutional / Educational
    $191,596
    Residential Income
    $224,168
    Multifamily
    $388,794
    Automotive / Energy
    $164,225
    Parking / Income-Based Land
    $78,047
    Restaurant / Food Service
    $53,551
    Healthcare / Senior Housing
    $218,808

Location Insight

City
Lansing
County
Ingham
State
Michigan
Latitude
42.7406
Longitude
-84.522
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
$10,879
$36,800
$124,300
$161,100
-
$73,600
$248,600
$322,200

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