195 20thSpringfield, MI 49037

  • Strip malls
  • 7,280 SF
Off market
$4,278,000 Estimated

Property Details for 195 20th

Year built
1949
Lot size
0.43 AC
Property size (Sq ft)
7,280 SF
Zone code
B-3
Property type
Strip malls
Property subtype
Neighborhood centers
APN
54-270-003-00
APU
5427000300

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,883,315
    6.5%
    $1,738,445
    7%
    $1,614,270
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,389,514
    Geo Method
    $2,389,514
  • Alternative Use

    Use
    Valuation
    Residential
    $1,466,443
    Hospitality
    $1,343,254
    Educational
    $1,117,572
    Medical
    $1,156,007
    Retail
    $1,738,445

Location Insight

City
Springfield
County
Calhoun
State
Michigan
Latitude
42.3123
Longitude
-85.2196
CBSA code
12980
CBSA name
BATTLE CREEK, 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
$3,421
-
-
$80,713
-
-
-
$161,426

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