427 CenterstoneZeeland, MI 49464

  • Medical offices
  • 3,389 SF
Off market
$322,500 Estimated

Property Details for 427 Centerstone

Year built
2005
Lot size
0.23 AC
Property size (Sq ft)
3,389 SF
Zone code
C-3
Property type
Medical offices
Property subtype
Medical space
APN
70-16-24-411-002
APU
701624411002

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $701,507
    6.5%
    $647,545
    7%
    $601,292
  • Comparable approach

    Method
    Valuation
    Relative Method
    $441,417
    Geo Method
    $441,417
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,193,620
    Retail / Commercial
    $627,988
    Mixed-Use / Specialty
    $638,283
    Hospitality / Lodging
    $484,605
    Institutional / Educational
    $668,036
    Residential Income
    $781,602
    Multifamily
    $867,929
    Automotive / Energy
    $572,602
    Parking / Income-Based Land
    $185,215
    Restaurant / Food Service
    $358,724
    Healthcare / Senior Housing
    $641,694

Location Insight

City
Zeeland
County
Ottawa
State
Michigan
Latitude
42.8043
Longitude
-86.0243
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
$13,937
-
-
$322,500
-
-
-
$645,000

FAQs

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