224 4thNiles, MI 49120

  • Office buildings
  • 2,074 SF
Off market
$1,001,880 Estimated

Property Details for 224 4th

Lot size
0.10 AC
Property size (Sq ft)
2,074 SF
Zone code
CB
Property type
Office buildings
APN
72-3920-0013-00-3
APU
7239200013003

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $315,036
    6.5%
    $290,803
    7%
    $270,031
  • Comparable approach

    Method
    Valuation
    Relative Method
    $270,138
    Geo Method
    $270,138
  • Alternative Use

    Use
    Valuation
    Residential
    $360,595
    Hospitality
    $330,303
    Educational
    $274,809
    Medical
    $284,260
    Retail
    $427,480

Location Insight

City
Niles
County
Berrien
State
Michigan
Latitude
41.8307
Longitude
-86.2551
CBSA code
35660
CBSA name
NILES-BENTON HARBOR, 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
$1,604
-
-
$55,900
-
-
-
$111,800

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