2335 WoodlakeOkemos, MI 48864

  • Hospitality properties
  • 38,503 SF
Off market
$1,874,290 Estimated

Property Details for 2335 Woodlake

Year built
1995
Lot size
2.52 AC
Property size (Sq ft)
38,503 SF
Zone code
B-1
Property type
Hospitality properties
Property subtype
Motels
APN
33-06-06-04-101-004
APU
33060604101004

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,486,560
    6.5%
    $6,910,672
    7%
    $6,417,052
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,463,691
    Geo Method
    $8,463,691
  • Alternative Use

    Use
    Valuation
    Residential
    $7,544,446
    Hospitality
    $6,910,672
    Educational
    $5,749,598
    Medical
    $5,947,335
    Retail
    $8,943,818
2335 Woodlake, Okemos, Michigan
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Location Insight

City
Okemos
County
Ingham
State
Michigan
Latitude
42.6805
Longitude
-84.4355
CBSA code
29620
CBSA name
LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $1,055,000
  • Assessed land value
    $494,000
  • Assessed value
    $1,549,000
  • Tax year
    2019
  • Tax bill
    $70,250

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