228 MainMidland, MI 48640

  • Retail properties
  • 6,936 SF
Off market
$282,898 Estimated

Property Details for 228 Main

Year built
1902
Lot size
0.21 AC
Property size (Sq ft)
6,936 SF
Zone code
D
Property type
Retail properties
Property subtype
Strip malls
APN
14-21-80-224
APU
142180224

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,745,418
    6.5%
    $1,611,156
    7%
    $1,496,073
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,634,960
    Geo Method
    $1,634,960
  • Alternative Use

    Use
    Valuation
    Residential
    $1,359,070
    Hospitality
    $1,244,901
    Educational
    $1,035,743
    Medical
    $1,071,364
    Retail
    $1,611,156
228 Main, Midland, Michigan

Location Insight

City
Midland
County
Midland
State
Michigan
Latitude
43.612
Longitude
-84.2447
CBSA code
33220
CBSA name
MIDLAND, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $233,800
  • Tax year
    2022
  • Tax bill
    $6,496

FAQs

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