3121 Grand RivLansing, MI 48912

Property Details for 3121 Grand Riv

Year built

1959

Lot size

2.36 AC

Property size (Sq ft)

62,544 SF

Zone code

J PARKI

Property type

Hospitality properties

Property subtype

Motels

APN

33-01-01-11-476-031

APU

33010111476031

• CAP approach

  CAP return

  Valuation

  6%

  $4,444,089

  6.5%

  $4,102,236

  7%

  $3,809,219

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,748,360

  Geo Method

  $13,748,360

• Alternative Use

  Use

  Valuation

  Residential

  $4,478,450

  Hospitality

  $4,102,236

  Educational

  $3,413,012

  Medical

  $3,530,391

  Retail

  $5,309,130

Location Insight

City

Lansing

County

Ingham

State

Michigan

Latitude

42.7422

Longitude

-84.5069

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $1,155,500
• Assessed land value
  $243,500
• Assessed value
  $1,399,000
• Tax year
  2020
• Tax bill
  $83,653

Property Visit Statistics

• Visits by month
  50.3k
• Visitors by month
  34.6k
• Avg Time on site
  8 min

FAQs

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