115 HallTraverse City, MI 49684

  • Gas stations
  • 4,524 SF
Off market
$1,883,225 Estimated

Property Details for 115 Hall

Year built
2006
Lot size
1.13 AC
Property size (Sq ft)
4,524 SF
Property type
Gas stations
APN
51-658-028-02
APU
5165802802

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $908,164
    6.5%
    $838,306
    7%
    $778,427
  • Comparable approach

    Method
    Valuation
    Relative Method
    $612,821
    Geo Method
    $612,821
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,593,370
    Mixed-Use / Specialty
    $852,048
    Hospitality / Lodging
    $646,903
    Office
    $864,412
    Institutional / Educational
    $891,766
    Residential Income
    $1,043,370
    Multifamily
    $1,158,600
    Automotive / Energy
    $764,371
    Parking / Income-Based Land
    $247,245
    Restaurant / Food Service
    $478,864
    Healthcare / Senior Housing
    $856,602

Location Insight

City
Traverse City
County
Grand Traverse
State
Michigan
Latitude
44.7653
Longitude
-85.6285
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
-
-
-
$1,883,225
-
-
-
$3,766,450

FAQs

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