123 FrntTraverse City, MI 49684

  • Super regional malls
  • 5,060 SF
Off market
$440,000 Estimated

Property Details for 123 Frnt

Year built
1884
Lot size
0.08 AC
Property size (Sq ft)
5,060 SF
Property type
Super regional malls
APN
51-798-192-00
APU
5179819200

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,358,534
    6.5%
    $1,254,032
    7%
    $1,164,458
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,660,844
    Geo Method
    $1,660,844
  • Alternative Use

    Use
    Valuation
    Residential
    $1,057,823
    Hospitality
    $968,960
    Educational
    $806,163
    Medical
    $833,888
    Retail
    $1,254,032

Location Insight

City
Traverse City
County
Grand Traverse
State
Michigan
Latitude
44.7644
Longitude
-85.6226
CBSA code
45900
CBSA name
TRAVERSE CITY, MI MICROPOLITAN 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
$5,746
-
-
$440,000
-
-
-
$1,039,617

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