22700 Us Hwy 10Reed City, MI 49677

  • Commercial real estate
  • 1.15 AC
Off market
$11,521,620 Estimated

Property Details for 22700 Us Hwy 10

Lot size
1.15 AC
Property type
Commercial real estate
APN
13 005 016 10
APU
1300501610

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,369,200
    6.5%
    $9,571,590
    7%
    $8,887,900
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,524,740
    Geo Method
    $6,524,740
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $17,643,300
    Retail / Commercial
    $9,282,510
    Mixed-Use / Specialty
    $9,434,680
    Hospitality / Lodging
    $7,163,120
    Office
    $9,571,590
    Institutional / Educational
    $9,874,480
    Residential Income
    $11,553,100
    Multifamily
    $12,829,200
    Automotive / Energy
    $8,463,840
    Parking / Income-Based Land
    $2,737,730
    Restaurant / Food Service
    $5,302,430
    Healthcare / Senior Housing
    $9,485,100

Location Insight

City
Reed City
County
Osceola
State
Michigan
Latitude
43.8881
Longitude
-85.5386

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
$3,917
-
-
$95,900
-
-
-
$191,800

FAQs

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