705 2ndSpring Lake, MI 49456

Property Details for 705 2nd

Lot size

20.27 AC

Property size (Sq ft)

37,874 SF

Zone code

PORT IN

Property type

Office properties

Property subtype

Office buildings

APN

70-03-16-307-004

APU

700316307004

• CAP approach

  CAP return

  Valuation

  6%

  $6,917,417

  6.5%

  $6,385,308

  7%

  $5,929,214

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,933,088

  Geo Method

  $4,933,088

• Alternative Use

  Use

  Valuation

  Residential

  $7,917,782

  Hospitality

  $7,252,646

  Educational

  $6,034,116

  Medical

  $6,241,638

  Retail

  $9,386,403

Location Insight

City

Spring Lake

County

Ottawa

State

Michigan

Latitude

43.0791

Longitude

-86.2236

CBSA code

24340

CBSA name

GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed value
  $5,614,700
• Tax year
  2022
• Tax bill
  $193,856

FAQs

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