5150 ChicagoHudsonville, MI 49426

  • Auto shops
  • 4,000 SF
Off market
$13,184,750 Estimated

Property Details for 5150 Chicago

Lot size
1.32 AC
Property size (Sq ft)
4,000 SF
Zone code
C
Property type
Auto shops
APN
70-17-01-200-024
APU
701701200024

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,073,940
    6.5%
    $991,329
    7%
    $920,520
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,312,920
    Geo Method
    $1,312,920
  • Alternative Use

    Use
    Valuation
    Residential
    $836,224
    Hospitality
    $765,976
    Educational
    $637,283
    Medical
    $659,200
    Retail
    $991,329

Location Insight

City
Hudsonville
County
Ottawa
State
Michigan
Latitude
42.8487
Longitude
-85.9088
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
2022
$6,307
-
-
$154,100
-
-
-
$308,200

FAQs

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