118 5thMichigan Center, MI 49254

Property Details for 118 5th

Year built

1973

Lot size

0.28 AC

Property size (Sq ft)

2,820 SF

Zone code

B-2 COM

Property type

Retail properties

Property subtype

Auto shops

APN

000-14-08-226-009-00

APU

140822600900

• CAP approach

  CAP return

  Valuation

  6%

  $709,642

  6.5%

  $655,055

  7%

  $608,265

• Comparable approach

  Method

  Valuation

  Method 1

  $664,733

  Method 2

  $664,733

• Alternative Use

  Use

  Valuation

  Residential

  $552,563

  Hospitality

  $506,145

  Educational

  $421,107

  Medical

  $435,589

  Retail

  $655,055

Location Insight

City

Michigan Center

County

Jackson

State

Michigan

Latitude

42.2324

Longitude

-84.3275

CBSA code

27100

CBSA name

JACKSON, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed value
  $24,226
• Tax year
  2022
• Tax bill
  $1,203

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