118 SavidgeSpring Lake, MI 49456

  • Office properties
  • 1,121 SF
Off market
$114,224 Estimated

Property Details for 118 Savidge

Year built
1996
Lot size
0.06 AC
Property size (Sq ft)
1,121 SF
Zone code
CBD
Property type
Office properties
Property subtype
Office buildings
APN
70-03-15-382-021
APU
700315382021

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $204,743
    6.5%
    $188,993
    7%
    $175,494
  • Comparable approach

    Method
    Valuation
    Relative Method
    $146,010
    Geo Method
    $146,010
  • Alternative Use

    Use
    Valuation
    Residential
    $234,352
    Hospitality
    $214,665
    Educational
    $178,599
    Medical
    $184,741
    Retail
    $277,820
118 Savidge, Spring Lake, Michigan

Location Insight

City
Spring Lake
County
Ottawa
State
Michigan
Latitude
43.0765
Longitude
-86.1984
CBSA code
24340
CBSA name
GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $94,400
  • Tax year
    2022
  • Tax bill
    $3,907

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