309 5thMichigan Center, MI 49254

Property Details for 309 5th

Year built

1928

Lot size

0.07 AC

Property size (Sq ft)

2,576 SF

Zone code

B-2 COM

Property type

Mixed-use properties

Property subtype

Retail residential properties

APN

000-14-09-105-004-00

APU

140910500400

• CAP approach

  CAP return

  Valuation

  6%

  $546,815

  6.5%

  $504,753

  7%

  $468,699

• Comparable approach

  Method

  Valuation

  Method 1

  $373,486

  Method 2

  $373,486

• Alternative Use

  Use

  Valuation

  Residential

  $504,753

  Hospitality

  $462,351

  Educational

  $384,670

  Medical

  $397,900

  Retail

  $598,376

Location Insight

City

Michigan Center

County

Jackson

State

Michigan

Latitude

42.2309

Longitude

-84.3266

CBSA code

27100

CBSA name

JACKSON, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed value
  $49,725
• Tax year
  2022
• Tax bill
  $2,158

FAQs

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