1083 PattersonWayland, MI 49348

  • Retail space
  • 3,088 SF
Off market
$30,056,400 Estimated

Property Details for 1083 Patterson

Lot size
3.00 AC
Property size (Sq ft)
3,088 SF
Zone code
C3;GEN
Property type
Retail space
APN
08-16-018-012-10
APU
81601801210

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $283,973
    6.5%
    $262,129
    7%
    $243,405
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,013,574
    Geo Method
    $1,013,574
  • Alternative Use

    Use
    Valuation
    Residential
    $221,116
    Hospitality
    $202,541
    Educational
    $168,511
    Medical
    $174,307
    Retail
    $262,129

Location Insight

City
Wayland
County
Barry
State
Michigan
Latitude
42.6386
Longitude
-85.5437
CBSA code
24340
CBSA name
GRAND RAPIDS-WYOMING, 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
$3,635
-
-
$80,000
-
-
-
$160,000

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