19-76-600-001-00 rc.pdf
Rsaa Property LLC, Petitioner Vs. City Of Imlay City, Respondent · 25-001710-TT
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*** Information herein deemed reliable but not guaranteed*** LAPEER County: CITY OF IMLAY CITY Jurisdiction: Printed on Parcel Number: 44-I19-76-600-001-00 0 0 0 0 2022 0 0 0 0 2023 0 0 0 0 2024 176,600S 176,600 122,600 54,000 2025 Taxable Value Tribunal/ Other Board of Review Assessed Value Building Value Land Value Year Land Improvement Cost Estimates Description Rate Size % Good Cash Value Commercial Local Cost Land Improvements Description Rate Size % Good Arch Mult Cash Value LC BASE PARKING 2.80 28000 10 100 7,840 Total Estimated Land Improvements True Cash Value = 7,840 * Factors * Description Frontage Depth Front Depth Rate %Adj. Reason Value COMM N CED 1.00 PER SQ FT 107985 SqFt 1.00000 100 107,985 2.48 Total Acres Total Est. Land Value = 107,985 Land Value Estimates for Land Table 00300.00300.COMMERCIALS N CEDAR ST Who When What Level Rolling Low High Landscaped Swamp Wooded Pond Waterfront Ravine Wetland Flood Plain Topography of Site Dirt Road Gravel Road Paved Road Storm Sewer Sidewalk Water Sewer Electric Gas Curb Street Lights Standard Utilities Underground Utils. Public Improvements Vacant Improved X The Equalizer. Copyright (c) 1999 - 2009. Licensed To: City of Imlay City, County of Lapeer, Michigan Comments/Influences PART OF SE 1/4 OF NE 1/4 SEC 17, T7N-R12E COMM E 1/4 COR SAID SEC 17; TH N 02 04 55 E 429.74 FT TO C/L CAPAC RD/M-21; TH ALONG SAID C/L N 79 20 00 W 700.54 FT; TH N 10 40 00 E 45.00 FT TO A PT ON 45 FT ROW LN OF CAPAC RD/M-21; TH ALONG SAID ROW LNN 49 20 00 W 62.60 FT TO POB; TH N 49 20 00 W 166.37 FT; TH N 40 48 00 W 51.61 FT; TH ALONG EASTERLY 50 FT ROW LN FOR N CEDAR ST/M-53N 01 26 42 E 264.62 FT; TH S 88 33 18 E 446.53 FT; TH S 09 49 13 W 173.79 FT; TH N 49 20 00 W 102.72 FT; TH S 42 00 00 W 176.95 FT; TH S 09 49 13 W 40.00 FT TO POB. CONT 2.479 ACRES. BOUND ADJ FOR 2025. Tax Description RSAA PROPERTY LLC 986 CESAR CHAVEZ PONTIAC MI 48340 Owner's Name/Address 572 N CEDAR ST Property Address 2025 Est TCV 353,134 TCV/TFA: 25.36 MAP #: P.R.E. 0% School: IMLAY CITY COMMUNITY SCHOOLS Status Number Date Building Permit(s) Zoning: B-3 GEN Class: COMMERCIAL-IMPROVE 100.0 PROPERTY TRANSFER 3408/369 20-MULTI PARCEL SALE REF WD 06/21/2024 310,000 RSAA PROPERTY LLC SHULL JOSEPH 0.0 NOT VERIFIED 3408/365 14-INTO/OUT OF TRUST OTH 06/24/2024 1 SHULL JOSEPH J SHULL JOE (D) 0.0 NOT VERIFIED 3408/365 14-INTO/OUT OF TRUST OTH 06/24/2024 1 SHULL JOSEPH J SHULL JOE (D) Prcnt. Trans. Verified By Liber & Page Terms of Sale Inst. Type Sale Date Sale Price Grantee Grantor 07/01/2025
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*** Information herein deemed reliable but not guaranteed*** Parcel Number: 44-I19-76-600-001-00 Printed on 07/01/2025
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Bsmnt Insul. Thickness (40) Exterior Wall: (39) Miscellaneous: (14) Roof Cover: (13) Roof Structure: Slope=0 Incandescent Fluorescent Mercury Sodium Vapor Transformer Flex Conduit Rigid Conduit Armored Cable Non-Metalic Bus Duct Few Average Many Unfinished Typical X Few Average Many Unfinished Typical X Fixtures: Outlets: (11) Electric and Lighting: Hand Fired Boiler Coal Stoker Gas Oil X (10) Heating and Cooling: (9) Sprinklers: Urinals Wash Bowls Water Heaters Wash Fountains Water Softeners Total Fixtures 3-Piece Baths 2-Piece Baths Shower Stalls Toilets Few None Average Typical Many Above Ave. (8) Plumbing: (7) Interior: (6) Ceiling: (5) Floor Cover: (4) Floor Structure: (3) Frame: Block Brick/Stone Poured Conc. X Footings (2) Foundation: (1) Excavation/Site Prep: <<<<< Calculator Cost Computations >>>>> Class: C Quality: Low Cost Stories: 1 Story Height: 11 Perimeter: 400 Overall Building Height: 12 Base Rate for Upper Floors = 25.39 (10) Heating system: Space Heaters, Radiant Cost/SqFt: 5.38 90% (10) Heating system: Package Heating & Cooling Cost/SqFt: 18.50 10% Combined Heating System adjustment: 6.69 100% Adjusted Square Foot Cost for Upper Floors = 32.08 Total Floor Area: 8,748 Base Cost New of Upper Floors = 280,657 Reproduction/Replacement Cost = 280,657 Eff.Age:53 Phy.%Good/Abnr.Phy./Func./Econ./Overall %Good: 45 /100/100/100/45.0 Total Depreciated Cost = 126,296 Local Cost Items Rate Quantity/Area %Good Depr.Cost LOW COST CANOPY 15.80 465 74 5,437 ECF (00300.COMMERCIALS N CEDAR ST) 0.759 => TCV of Bldg: 1 = 99,985 Replacement Cost/Floor Area= 32.70 Est. TCV/Floor Area= 11.43 ** ** Calculator Cost Data ** ** Quality: Low Cost Heat#1: Space Heaters, Radiant 90% Heat#2: Package Heating & Cooling 10% Ave. SqFt/Story: 8748 Ave. Perimeter: 400 Has Elevators: *** Basement Info *** Area: Perimeter: Type: Finished Basement Heat: No Heating or Cooling * Mezzanine Info * Area #1: Type #1: Office (No Rates) Area #2: Type #2: Office (No Rates) * Sprinkler Info * Area: Type: Low Low X Ave. Above Ave. High Construction Cost Comments: 2 BLDS TT 1/S Overall Bldg Height 12 Year Built Remodeled 1930 1960 Depr. Table : 1.5% Effective Age : 53 Physical %Good: 45 Func. %Good : 100 Economic %Good: 100 Class: C Floor Area: 8,748 Gross Bldg Area: 13,926 Stories Above Grd: 1 Average Sty Hght : 11 Bsmnt Wall Hght Desc. of Bldg/Section: Calculator Occupancy: Garages - Service/Repair Shed *** Information herein deemed reliable but not guaranteed*** Commercial/Industrial Building/Section 1 of 3 Printed on Parcel Number: 44-I19-76-600-001-00 07/01/2025
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*** Information herein deemed reliable but not guaranteed*** Parcel Number: 44-I19-76-600-001-00, Commercial/Industrial Building 1 Printed on 07/01/2025 Parcel Number: 44-119-76-600-001~- 00, Commercial/Industrial Building 1 18-76-600-000-00 1 OF3 al 45" 1st/s| 1st/s| 1st/s| SERVICE w oo SERVICE SERVICE 11H 1656 ft2 B] Ee i 2 46" 12'H LL 1st/sl SERVICE z = 3600 ft2 2112 i 12'H EE 1380 fiz ai 32 canopy e512 © ® Printed on *** Information herein deemed reliable but not guaranteed*** 07/01/2025
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Bsmnt Insul. Thickness (40) Exterior Wall: (39) Miscellaneous: (14) Roof Cover: (13) Roof Structure: Slope=0 Incandescent Fluorescent Mercury Sodium Vapor Transformer Flex Conduit Rigid Conduit Armored Cable Non-Metalic Bus Duct Few Average Many Unfinished Typical X Few Average Many Unfinished Typical X Fixtures: Outlets: (11) Electric and Lighting: Hand Fired Boiler Coal Stoker Gas Oil X (10) Heating and Cooling: (9) Sprinklers: Urinals Wash Bowls Water Heaters Wash Fountains Water Softeners Total Fixtures 3-Piece Baths 2-Piece Baths Shower Stalls Toilets Few None Average Typical Many Above Ave. (8) Plumbing: (7) Interior: (6) Ceiling: (5) Floor Cover: (4) Floor Structure: (3) Frame: Block Brick/Stone Poured Conc. X Footings (2) Foundation: (1) Excavation/Site Prep: <<<<< Calculator Cost Computations >>>>> Class: D Quality: Low Cost Stories: 1 Story Height: 10 Perimeter: 188 Base Rate for Upper Floors = 94.81 (10) Heating system: Package Heating & Cooling Cost/SqFt: 20.46 100% Bsmnt Heating system: No Heating or Cooling Cost/SqFt: 0.00 Adjusted Square Foot Cost for Upper Floors = 115.27 Adjusted Square Foot Cost for Basement = 61.59 Total Floor Area: 2,058 Base Cost New of Upper Floors = 237,226 Reproduction/Replacement Cost = 237,226 Eff.Age:53 Phy.%Good/Abnr.Phy./Func./Econ./Overall %Good: 45 /100/100/100/45.0 Total Depreciated Cost = 106,752 Basement Area: 1,664 Base Cost New of Basement = 102,486 Eff.Age:53 Phy.%Good/Abnr.Phy./Func./Econ./Overall %Good: 45 /100/50 /100/22.5 Total Depreciated Cost = 23,059 Total Depreciated Cost (Upper floors and basement) = 129,811 Local Cost Items Rate Quantity/Area %Good Depr.Cost LOW COST CANOPY 15.80 2296 45 16,325 ECF (00300.COMMERCIALS N CEDAR ST) 0.759 => TCV of Bldg: 2 = 110,917 Replacement Cost/Floor Area= 173.00 Est. TCV/Floor Area= 53.90 ** ** Calculator Cost Data ** ** Quality: Low Cost Heat#1: Package Heating & Cooling 100% Heat#2: Space Heaters, Gas with Fan 0% Ave. SqFt/Story: 2058 Ave. Perimeter: 188 Has Elevators: *** Basement Info *** Area: 1664 Perimeter: 176 Type: Storage Basement Heat: No Heating or Cooling * Mezzanine Info * Area #1: Type #1: Office (No Rates) Area #2: Type #2: Office (No Rates) * Sprinkler Info * Area: Type: Low Low X Ave. Above Ave. High Construction Cost Comments: Overall Bldg Height Year Built Remodeled 1975 Depr. Table : 1.5% Effective Age : 53 Physical %Good: 45 Func. %Good : 100 Economic %Good: 100 Class: D Floor Area: 2,058 Gross Bldg Area: 13,926 Stories Above Grd: 1 Average Sty Hght : 10 Bsmnt Wall Hght : 12 Desc. of Bldg/Section: Calculator Occupancy: Stores - Florist Shop *** Information herein deemed reliable but not guaranteed*** Commercial/Industrial Building/Section 2 of 3 Printed on Parcel Number: 44-I19-76-600-001-00 07/01/2025
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Bsmnt Insul. Thickness (40) Exterior Wall: (39) Miscellaneous: (14) Roof Cover: (13) Roof Structure: Slope=0 Incandescent Fluorescent Mercury Sodium Vapor Transformer Flex Conduit Rigid Conduit Armored Cable Non-Metalic Bus Duct Few Average Many Unfinished Typical X Few Average Many Unfinished Typical X Fixtures: Outlets: (11) Electric and Lighting: Hand Fired Boiler Coal Stoker Gas Oil X (10) Heating and Cooling: (9) Sprinklers: Urinals Wash Bowls Water Heaters Wash Fountains Water Softeners Total Fixtures 3-Piece Baths 2-Piece Baths Shower Stalls Toilets Few None Average Typical Many Above Ave. (8) Plumbing: (7) Interior: (6) Ceiling: (5) Floor Cover: (4) Floor Structure: (3) Frame: Block Brick/Stone Poured Conc. X Footings (2) Foundation: (1) Excavation/Site Prep: <<<<< Calculator Cost Computations >>>>> Class: D,Pole Quality: Average Stories: 1 Story Height: 14 Perimeter: 236 Base Rate for Upper Floors = 24.78 (10) Heating system: No Heating or Cooling Cost/SqFt: 0.00 100% Adjusted Square Foot Cost for Upper Floors = 24.78 Total Floor Area: 3,120 Base Cost New of Upper Floors = 77,314 Reproduction/Replacement Cost = 77,314 Eff.Age:58 Phy.%Good/Abnr.Phy./Func./Econ./Overall %Good: 45 /100/100/100/45.0 Total Depreciated Cost = 34,791 ECF (00300.COMMERCIALS N CEDAR ST) 0.759 => TCV of Bldg: 3 = 26,407 Replacement Cost/Floor Area= 24.78 Est. TCV/Floor Area= 8.46 ** ** Calculator Cost Data ** ** Quality: Average Heat#1: No Heating or Cooling 100% Heat#2: No Heating or Cooling 0% Ave. SqFt/Story: 3120 Ave. Perimeter: 236 Has Elevators: *** Basement Info *** Area: Perimeter: Type: Utility Basement Heat: No Heating or Cooling * Mezzanine Info * Area #1: Type #1: Office (No Rates) Area #2: Type #2: Office (No Rates) * Sprinkler Info * Area: Type: Average Low X Ave. Above Ave. High Construction Cost Comments: Overall Bldg Height Year Built Remodeled 1960 Depr. Table : 1.5% Effective Age : 58 Physical %Good: 45 Func. %Good : 100 Economic %Good: 100 Class: D,Pole Floor Area: 3,120 Gross Bldg Area: 13,926 Stories Above Grd: 1 Average Sty Hght : 14 Bsmnt Wall Hght : 8 Desc. of Bldg/Section: Calculator Occupancy: Shed - Utility Light Commercial Building *** Information herein deemed reliable but not guaranteed*** Commercial/Industrial Building/Section 3 of 3 Printed on Parcel Number: 44-I19-76-600-001-00 07/01/2025