2386 MainBitely, MI 49309

  • Retail properties
  • 3,429 SF
Off market
$3,376,400 Estimated

Property Details for 2386 Main

Lot size
0.34 AC
Property size (Sq ft)
3,429 SF
Zone code
LOCAL ZONE
Property type
Retail properties
Property subtype
Bars
APN
02-27-307-001
APU
227307001

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $920,635
    6.5%
    $849,817
    7%
    $789,116
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,125,501
    Geo Method
    $1,125,501
  • Alternative Use

    Use
    Valuation
    Residential
    $716,853
    Hospitality
    $656,633
    Educational
    $546,311
    Medical
    $565,100
    Retail
    $849,817
2386 Main, Bitely, Michigan
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Location Insight

City
Bitely
County
Newaygo
State
Michigan
Latitude
43.7467
Longitude
-85.8597
CBSA code
24340
CBSA name
GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$1,106
-
-
$39,726
-
-
-
$79,452

FAQs

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