2400 Northern VisionsTraverse City, MI 49684

  • Office buildings
  • 3,720 SF
Off market
$16,150,370 Estimated

Property Details for 2400 Northern Visions

Year built
2000
Lot size
1.61 AC
Property size (Sq ft)
3,720 SF
Property type
Office buildings
APN
05-022-001-00
APU
502200100

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $679,432
    6.5%
    $627,168
    7%
    $582,370
  • Comparable approach

    Method
    Valuation
    Relative Method
    $484,530
    Geo Method
    $484,530
  • Alternative Use

    Use
    Valuation
    Residential
    $777,688
    Hospitality
    $712,358
    Educational
    $592,673
    Medical
    $613,056
    Retail
    $921,936

Location Insight

City
Traverse City
County
Grand Traverse
State
Michigan
Latitude
44.7279
Longitude
-85.6238
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
$14,213
-
-
$234,300
-
-
-
$634,140

FAQs

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