220 MainNiles, MI 49120

  • Retail space
  • 3,672 SF
Off market
$85,900 Estimated

Property Details for 220 Main

Year built
1875
Lot size
0.06 AC
Property size (Sq ft)
3,672 SF
Zone code
CB
Property type
Retail space
APN
72-8550-0007-04-0
APU
7285500007040

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $949,050
    6.5%
    $876,047
    7%
    $813,472
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,205,260
    Geo Method
    $1,205,260
  • Alternative Use

    Use
    Valuation
    Residential
    $738,978
    Hospitality
    $676,900
    Educational
    $563,173
    Medical
    $582,541
    Retail
    $876,047
220 Main, Niles, Michigan

Location Insight

City
Niles
County
Berrien
State
Michigan
Latitude
41.8296
Longitude
-86.2566
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
$2,554
-
-
$85,900
-
-
-
$171,800

FAQs

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