300 StateTraverse City, MI 49684
- Hotels
- 103,000 SF
Off market
$12,827,400 Estimated
Property Details for 300 State
- Year built
- 1930
- Lot size
- 4.77 AC
- Property size (Sq ft)
- 103,000 SF
- Property type
- Hotels
- APN
- 51-794-090-00
- APU
- 5179409000
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $21,367,546
- 6.5%
- $19,723,888
- 7%
- $18,315,038
-
Comparable approach
- Method
- Valuation
- Relative Method
- $31,527,012
- Geo Method
- $31,527,012
-
Alternative Use
- Use
- Valuation
- Residential
- $21,532,754
- Hospitality
- $19,723,888
- Educational
- $16,410,043
- Medical
- $16,974,410
- Retail
- $25,526,734
Location Insight
- City
- Traverse City
- County
- Grand Traverse
- State
- Michigan
- Latitude
- 44.7623
- Longitude
- -85.6184
- 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
$407,545
-
-
$12,827,400
-
-
-
$26,040,097
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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