317 JamesGrayling, MI 49738

  • Drive through restaurants
  • 2,258 SF
Off market
$3,907,240 Estimated

Property Details for 317 James

Year built
1956
Lot size
0.39 AC
Property size (Sq ft)
2,258 SF
Zone code
C-3A
Property type
Drive through restaurants
APN
070-150-003-011-00
APU
7015000301100

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $606,239
    6.5%
    $559,606
    7%
    $519,634
  • Comparable approach

    Method
    Valuation
    Relative Method
    $741,143
    Geo Method
    $741,143
  • Alternative Use

    Use
    Valuation
    Residential
    $472,048
    Hospitality
    $432,394
    Educational
    $359,746
    Medical
    $372,119
    Retail
    $559,606

Location Insight

City
Grayling
County
Crawford
State
Michigan
Latitude
44.6572
Longitude
-84.7086

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
$5,742
$73,900
$47,800
$121,700
-
$147,800
$95,600
$243,400

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