37908 Red ArrowPaw Paw, MI 49079

  • Turn key restaurants
  • 54,446 SF
Off market

Property Details for 37908 Red Arrow

Lot size
10.00 AC
Property size (Sq ft)
54,446 SF
Zone code
VE
Property type
Turn key restaurants
APN
80-14-011-025-01
APU
801401102501

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,272,271
    6.5%
    $9,482,096
    7%
    $8,804,804
  • Comparable approach

    Method
    Valuation
    Relative Method
    $17,870,810
    Geo Method
    $17,870,810
  • Alternative Use

    Use
    Valuation
    Residential
    $7,998,503
    Hospitality
    $7,326,586
    Educational
    $6,095,634
    Medical
    $6,305,272
    Retail
    $9,482,096
37908 Red Arrow, Paw Paw, Michigan

Location Insight

City
Paw Paw
County
Van Buren
State
Michigan
Latitude
42.2164
Longitude
-85.9162
CBSA code
28020
CBSA name
KALAMAZOO-PORTAGE, 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
2020
$19,444
-
-
$409,800
-
-
-
$819,600

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