5709th SmithWallace, MI 49893

  • Commercial real estate
  • 6,370 SF
Off market
$9,006,800 Estimated

Property Details for 5709th Smith

Year built
2000
Lot size
0.90 AC
Property size (Sq ft)
6,370 SF
Property type
Commercial real estate
APN
009-150-025-30
APU
915002530

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $1,318,560
    6.5%
    $1,217,130
    7%
    $1,130,190

  • Comparable approach

    Method
    Valuation
    Relative Method
    $646,703
    Geo Method
    $829,692

  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,243,540
    Retail / Commercial
    $1,180,370
    Mixed-Use / Specialty
    $1,199,720
    Hospitality / Lodging
    $910,870
    Office
    $1,217,130
    Institutional / Educational
    $1,255,650
    Residential Income
    $1,469,110
    Multifamily
    $1,631,370
    Automotive / Energy
    $1,076,270
    Parking / Income-Based Land
    $348,133
    Restaurant / Food Service
    $674,262
    Healthcare / Senior Housing
    $1,206,130

Location Insight

City
Wallace
County
Menominee
State
Michigan
Latitude
45.3278
Longitude
-87.6153
CBSA code
31940
CBSA name
MARINETTE, WI-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
2024
$2,188
$7,600
$28,700
$36,300
-
$15,200
$57,400
$72,600

Comparable in this City

  • 6069th Us Hwy 41

    COMMERCIAL (GENERAL) • 3,364 SF

    Estimated
    $14,026,320
    6069th Us Hwy 41
    Wallace, MI
    View Details

  • County Rd G-08

    COMMERCIAL (GENERAL) • 1,056 SF

    County Rd G-08
    Wallace, MI
    View Details

  • 5717th Industrial

    COMMERCIAL (GENERAL) • 2,460 SF

    Estimated
    $20,939,200
    5717th Industrial
    Wallace, MI
    View Details

  • 5906th Us Hwy 41

    COMMERCIAL (GENERAL) • 2,010 SF

    Estimated
    $197,142
    5906th Us Hwy 41
    Wallace, MI
    View Details

  • 5774th G 8th

    COMMERCIAL (GENERAL) • 4,400 SF

    Estimated
    $20,037,600
    5774th G 8th
    Wallace, MI
    View Details

  • Us Hwy 41

    COMMERCIAL (GENERAL) • 5,609 SF

    Estimated
    $11,822,230
    Us Hwy 41
    Wallace, MI
    View Details

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5709th Smith
Wallace, MI 49893

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Wallace, MI 49893

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

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