8485 Us Hwy 20Michigan City, IN 46360
- Retail properties
- 5,600 SF
Off market
$141,449 Estimated
Property Details for 8485 Us Hwy 20
- Year built
- 1978
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.82 AC
- Property size (Sq ft)
- 5,600 SF
- Property type
- Retail properties
- Property subtype
- Auto shops
- APN
- 46-05-03-251-015.000-010
- APU
- 460503251015000010
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,645,530
- 6.5%
- $2,442,028
- 7%
- $2,267,597
-
Comparable approach
- Method
- Valuation
- Method 1
- $1,838,088
- Method 2
- $1,838,088
-
Alternative Use
- Use
- Valuation
- Residential
- $2,059,942
- Hospitality
- $1,886,896
- Educational
- $1,569,875
- Medical
- $1,623,866
- Retail
- $2,442,028
8485 Us Hwy 20, Michigan City, Indiana
Location Insight
- City
- Michigan City
- County
- Laporte
- State
- Indiana
- Latitude
- 41.688
- Longitude
- -86.8645
- CBSA code
- 33140
- CBSA name
- MICHIGAN CITY-LA PORTE, IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
-
Assessed Improved Value$61,900
-
Assessed land value$55,000
-
Assessed value$116,900
-
Tax year2023
-
Tax bill$2,972
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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