700 SavidgeSpring Lake, MI 49456

  • Office properties
  • 9,750 SF
Off market
$406,318 Estimated

Property Details for 700 Savidge

Lot size
1.15 AC
Property size (Sq ft)
9,750 SF
Zone code
EED
Property type
Office properties
Property subtype
Office buildings
APN
70-03-14-375-008
APU
700314375008

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,780,768
    6.5%
    $1,643,786
    7%
    $1,526,373
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,269,938
    Geo Method
    $1,269,938
  • Alternative Use

    Use
    Valuation
    Residential
    $2,038,295
    Hospitality
    $1,867,067
    Educational
    $1,553,378
    Medical
    $1,606,801
    Retail
    $2,416,366
700 Savidge, Spring Lake, Michigan

Location Insight

City
Spring Lake
County
Ottawa
State
Michigan
Latitude
43.0759
Longitude
-86.1831
CBSA code
24340
CBSA name
GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $335,800
  • Tax year
    2022
  • Tax bill
    $14,011

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