240 DivisionHesperia, MI 49421

Property Details for 240 Division

Lot size

0.35 AC

Property size (Sq ft)

8,322 SF

Zone code

LOCAL ZONE

Property type

Retail properties

Property subtype

Outlet malls

APN

09-30-325-001

APU

930325001

• CAP approach

  CAP return

  Valuation

  6%

  $2,234,333

  6.5%

  $2,062,461

  7%

  $1,915,142

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,731,530

  Geo Method

  $2,731,530

• Alternative Use

  Use

  Valuation

  Residential

  $1,739,763

  Hospitality

  $1,593,614

  Educational

  $1,325,868

  Medical

  $1,371,466

  Retail

  $2,062,461

Location Insight

City

Hesperia

County

Newaygo

State

Michigan

Latitude

43.5723

Longitude

-86.0392

CBSA code

24340

CBSA name

GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed value
  $66,600
• Tax year
  2022
• Tax bill
  $2,632

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