481 MainWestphalia, MI 48894

  • Retail properties
  • 1,764 SF
Off market

Property Details for 481 Main

Construction
CONCRETE
Lot size
0.29 AC
Property size (Sq ft)
1,764 SF
Zone code
R-1C
Property type
Retail properties
Property subtype
Auto shops
APN
161-000-005-006-02
APU
16100000500602

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $162,218
    6.5%
    $149,739
    7%
    $139,044
  • Comparable approach

    Method
    Valuation
    Method 1
    $578,998
    Method 2
    $578,998
  • Alternative Use

    Use
    Valuation
    Residential
    $126,311
    Hospitality
    $115,700
    Educational
    $96,261
    Medical
    $99,572
    Retail
    $149,739
481 Main, Westphalia, Michigan
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Location Insight

City
Westphalia
County
Clinton
State
Michigan
Latitude
42.9291
Longitude
-84.8071
CBSA code
29620
CBSA name
LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $11,800
  • Assessed land value
    $7,300
  • Assessed value
    $19,100
  • Tax year
    2022
  • Tax bill
    $255

FAQs

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