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Jd1 Property LLC Petitioner Vs. Township Of Mt Morris Respondent · 26-002615-TT

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STATE OF MICHIGAN 

GRETCHEN WHITMER 

DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS 

MARLON I. BROWN, DPA 

GOVERNOR 

LANSING 

DIRECTOR 

JD1 Property LLC 

, 

MICHIGAN TAX TRIBUNAL 

: 

Petitioner, 

v 

MTT Docket No. 26-002615 

: 

Mt. Morris Township 

Respondent. 

ENTIRE TRIBUNAL PROPERTY TAX ANSWER 

1. 

X Admit __ Deny. 

If denied, state the parcel number for the property identified 

on the Entire Tribunal Property Tax Petition for the tax year or years at issue: 

(If more than one parcel is at issue, attach a completed Multiple Parcel Answer 

Form addressing all other parcels at issue.) 

2. 

X_ Admit 

Deny. 

If denied, the property identified on the Entire Tribunal 

Property Tax Petitionis ___ real ___ personal. 

3. 

X_ Admit ___ Deny. 

If denied, identify the contiguous and non-contiguous 

parcels by parcel number (attach additional page if necessary): 

4. 

X 

Admit _ Deny. 

If denied, identify the parcel or parcels of personal property 

that are not located on a parcel of real property under appeal by parcel number 

(attach additional page if necessary): 

5. 

X__Admit___ Deny. 

a. 

If denied, state when the personal property statements were filed, if at all: 

b. 

On what date did the March Board of Review commence: 

March 09, 2026 

6. 

X__Admit___ Deny. 

If denied, state the classification of the property identified 

on the Entire Tribunal Property Tax Petition for the tax year or years at issue: 

MICHIGAN TAX TRIBUNAL 

- 611 W. OTTAWA ST., LANSING, MI 48933 

- 517-335-9760 

PO BOX 30232, LANSING, MI 48909 

- Other Carriers: 2407 N. GRAND RIVER AVE., LANSING, MI 48906 

em yee 

mm ae

MTT Docket No. 26-002615 

Page 2 of 4 

7. 

10. 

11. 

12. 

13. 

X_ Admit ___ Deny. 

If denied, list the separate facts upon which Respondent 

relies in support of the denial (attach additional page if necessary): 

Admit X_ 

Deny 

Neither Admit Nor Deny. 

If denied, list the separate 

facts upon which Respondent relies in support of the denial (attach additional 

age if necessary): 

Admit 

Deny X__ 

Neither Admit Nor Deny. 

If denied, state the facts upon 

which Respondent relies in support of the denial (attach additional page if 

necessary): 

___Admit___ Deny. 

If denied, in what County are the property or properties 

located in and what is the address of the property or properties: 

Located in Genesee County 

X__Admit___ Deny. 

If denied, what is the applicable local governmental unit: 

Mt. Morris Township 

Admit 

Deny X 

Neither Admit Nor Deny. 

If denied, list the separate facts 

upon which Respondent relies in support of the denial (attach additional page if 

necessary): 

If the property's taxable value is at issue, was there an addition or loss for 

purposes of establishing the property's taxable value for the tax year or years at 

issue? __ Yes X_ No.

MTT Docket No. 26-002615 

Page 3 of 4 

14. 

Admit 

Deny X__ 

Neither Admit Nor Deny. 

If denied, list the separate 

facts upon which Respondent relies in support of the denial (attach additional 

page if necessary): 

15. 

Admit 

Deny X__ 

Neither Admit Nor Deny. 

If denied, list the separate 

facts upon which Respondent relies in support of the denial (attach additional 

page if necessary): 

16. 

The values for the property identified above as established by Respondent's 

Board of Review are: 

Tax Year 

True Cash Value 

Assessed Value 

Taxable Value 

2026 

1,076,200 

538,100 

' 

538,100 

’ 

17. 

Respondent contends that the values for the property identified above are: 

Tax Year 

True Cash Value 

State Equalized Value 

Taxable Value 

2026 

1,076,200 

538,100 

538,100 

18. 

The values in dispute for the property identified above are: 

Tax Year 

True Cash Value 

State Equalized Value 

Taxable Value 

2026 

713,700 

356,850 

356,850

MTT Docket No. 26-002615 

Page 4 of 4 

19. 

Admit 

Deny X__ 

Neither Admit Nor Deny. 

If denied, list the separate 

facts upon which Respondent relies in support of the denial (attach additional 

page if necessary): 

20. 

Admit 

Deny X__ 

Neither Admit Nor Deny. 

If denied, list the separate 

facts upon which Respondent relies in support of the denial (attach additional 

page if necessary): 

21. 

List any separate and specific facts upon which Respondent relies to support 

every ground on which Respondent relies and also has the burden of proof 

(attach additional page if necessary): 

22. 

List affirmative defenses and the separate and specific facts upon which 

Respondent relies in support of those affirmative defenses (attach additional 

page if necessary): 

Signature of Respondent's 

Authori 

e 

ntative or, if 

, Respondent: 

Printed Name of Respondent's Authorized Representative or, if none, Respondent: 

Linda A Spearling, Assessor 

Email Address: Ispearling@mtmorristwp.org 

Mailing Address: 

5447 Bicentennial Dr., Mt.Morris, MI 48458 

Telephone Number: 810-785-1054 x 204 

Date: July 23, 2026

STATE OF MICHIGAN 

DEPARTMENT OF LICENSING & REGULATORY AFFAIRS 

MICHIGAN ADMINISTRATIVE HEARING SYSTEMS 

MICHIGAN TAX TRIBUNAL 

JD1 Property LLC, 

Petitioner, 

MOAHR Docket No. 26-002615 

V. 

Township of Mt. Morris, 

Respondent, 

Property Tax Consultants 

Linda Spearling, Assessor 

Jon Aylsworth 

Mt. Morris Township 

861 Pinecrest Ave SE 

5447 Bicentennial Dr 

Grand Rapids, MI 49506 

Mt. Morris, MI 48458 

(269) 366-0300 

(810) 785-1054 x204 

PROOF OF SERVICE 

The undersigned certifies that she served 

a copy of the Answer and 

a 

copy of this proof of service on petitioner by first class mail with postage fully paid 

thereon to the address above on July 23, 2026. 

TAC 

Linda Spearling, As§essor

LT. 

r- 

. 

> 

PL} 

Michigan Department of Treasury 

618 (Rev. 12-25 

[3 

Petition to Board of Review 

L-4035 

is form is issued under the authority of P.A. 206 of 1893, as amended. Filing is voluntary, however you may not appeal to the Michigan Tax Tribunal 

s you first protest to the Board of Review, except when the property is classified as commercial real, industrial real, or developmental real. You may 

appeal property classification to the State Tax Commission unless you first protest to the Board of Review. 

rO BE COMPLETED BY OWNER OR OWNER'S AGENT 

Owner's Name 

(Please Print or Type) 

TD 

Progeety (LC 

Township or City 

v7 

County 

Year of Appeal 

MT. MORRIS TOWNSHIP 

Genesee 

AOL 

Petitioner's Name (If Other than Owner. Please Print or Type) 

The undersigned protests the assessed value and/or the tentative taxable value andlor the property classification and/or the qualified agricultural property exemption of 

the following described property: 

Property Identified (Parcel code required. Property address & legal description optional) 

: 

14-27-200-020 

LOTS 1& 2 & PART OF 3 REAVELY ACRES & PART OF E 1/2 OF SEC DESC AS BEG S 0 

DEG 43 MIN 15 SEC E 1973.70 FT & N 88 DEG 55 MIN 15 SEC W 50 FT FROM NE COR OF 

SEC TH S 0 DEG 43 MIN 15 SEC E 406.64 FT TH N 88 DEG 55 MIN 15 SEC W 356.41 FT TH 

4315 CLIO RD 

N 74 DEG 03 MIN 24 SEC W 160.13 FT TH N 89 DEG 39 MIN 06 SEC W 415.76 FT THN 0 

DEG 27 MIN 30 SEC W 370.83 FT TH S 88 DEG 55 MIN 15 SEC E 974.09 FT TO PL OF BEG 

Protested Item 

B) Assessed Value 

Jai Tentative 

[J Taxable Status 

[J Classification 

O 

qQualifed Agricultural 

Taxable Value 

(exemption) 

Property Exemption 

Complete this section for a protest of assessed value 

, 

property forms. 

Assessed Amount 

including assessed value changes associated with exempt status and denied or late filed personal 

Owner's Estimate of True Cash Value (Market Value) 

362,509 

[0 

Value of Losses 

[J 

Value of Additions 

[0 

Poverty Exemption 

[0 

Uncapping % 

Complete this section for a request to change the classification. The Board of Review must make their decision regarding classification in accordance with section 211.34c of the — 

Michigan Compiled Laws. The Board of Review shall not be influenced by the effect that a particular classification has on that property's status as a homeowner's principal residence 

or qualified agricultural prope 

Classification of property on this year's assessment roll: 

301 

Classification should be: (Please check one of the following) 

OO 

Agricultural 

O Industrial 

[J Timber Cutover 

[7] utility (Personal Property Only) 

O 

commercial 

[0 Residential 

0 Developmental 

If 

the assessor has denied or changed the percentage of the exemption 

from the 18 mills of local school operating tax 

for qualified agricultural property, the owner may appeal this 

action to the March Board of Review. THE BOARD OF REVIEW HAS NO AUTHORITY TO CONSIDER OR ACT UPON THE EXEMPTION FROM THE 18 SCHOOL OPERATING 

MILLS FOR HOMEOWNER'S PRINCIPAL RESIDENCE PROPERTIES 

Percent qualified agricultural exemption granted by assessor: (Enter 0 if exemption is denied) 

[Percent qualified agricultural exemption requested by Owner: (Enter 100 if full 

exemption requested) 

State reason(s) for protest of assessed value and/or the tentative taxable value and/or classification and/or qualified agricultural property exemption. 

The. Assessment 

Value WO 

ovary” ef had 

ed\hiy 16 

vod 

Phone Num 

"3g 2020 

| 5b-Bs poy 

Mam 

b 

, ML 

$3 793- 3404 

Address

a“ 

& 

> 

Form 618, Page 2 

FOR BOARD OF REVIEW USE ONLY 

(TMSTRUCTIONS: Incorporate a copy of this form and the assigned number in the Board of Review minutes. 

Parcel Code 

14-27-200-020 

ition Number 

x i 

Disposition 

by Board of Review. The Board of Review must state the reason for its action below. 

a 

Denied 

O 

Assessed Value Changed From: 

) 

To: 

[ 

] 

/ 

Record of Vote - Board or three member committee of board 

Member: 

Moves 

Ow 

1 

Go 

: 

YE 

[J 

no 

2 

Member: 

x 

s 

[Jno 

= 

Chairperson: | YES 

- 

Initials 

Reason for Board Action: 

If you disagree with the decision of the Board of Review regarding tentative assessed value, you may appeal that decision by filing a petition with the Michigan Tax Tribunal at 

IPO Box 30232, Lansing, MI 48909. Commercial Real, Industrial Real, Developmental Real, Commercial Personal, Industrial Personal and Utility Personal Property may be 

aK Madd Vola 

ppealed by May 31. Agricultural Real, Residential Real, Timber - Cutover Real, and Agricultural Personal Property may be appealed by July 31. 

The petition must be filed on 

Michigan Tax Tribunal form or a form approved by the Michigan Tax Tribunal. Michigan Tax Tribunal forms are available at www.michigan.gov/taxtrib. 

Disposition by Board of Review. The Board of Review must state the reason for its action below. 

538,100 

To: 

: 

Tentative Taxable Value Changed From: 

hig) 

Denied 

OJ 

(Soe attached L-4035A) 

Record of Vote - Board or three member committee of board. 

vd ves 

[] 

No bdr Member: 

bil Yes 

[] 

w 

ha 

Initials 

Chairperson: AY ves 

[J 

no 27 

Member: 

Initials 

Initials 

Reason for Board Action: 

ak new 

ll 

- vel 

) disagree with the decision of the Board of Review regarding tentative taxable value, you may appeal that decision by filing a petition with the Michigan Tax Tribunal at 

Sox 30232, Lansing MI 48909. Commercial Real, Industrial Real, Developmental Real, Commercial Personal, Industrial Personal and Utility Personal Property may be 

ppealed by May 31. Agricultural Real, Residential Real, Timber - Cutover Real, and Agricultural Personal Property may be appealed by July 31. The petition must be filed on 

form or a form approved by the Michigan Tax Tribunal. Michigan Tax Tribunal forms are available at www.michigan.gov/taxtrib. 

a Michigan Tax Tribunal 

Disposition by Board of Review. The Board of Review must state the reason for its action below. 

301 

To: 

[J 

Denied 

[J 

Cassification Changed From: 

Record of Vote - Board or three member committee of board. 

Chairperson: 

[] YES 

[J] NO—— 

Member: 

Initials 

Reason for Board Action: 

Jves 

[J No—— 

Member: 

[] Yes 

[J] NO 

initials 

Initials 

f you disagree with the decision of the Board of Review regarding classification, you may appeal by sending Form 2167 to the State Tax Commission, PO Box 30471, 

Lansing MI 48909, by June 30. 

Disposition by Board of Review. The Board of Review must state the reason for its action below. 

O 

Exemption percent modified from 

% To: 

% 

O 

Exemption Request Denied 

Record of Vote - Board or three member committee of board. 

O ves 

[no 

Member: 

[] YEs 

[] No 

Chairperson: 

[J] yes 

[J] 

NO 

Member: 

Initials 

Initials 

Initials 

Reason for Board Action: 

If you disagree with the decision of the Board of Review regarding qualified agricultural property exemption, you may appeal that decision by filing a petition with the Michigan 

Tax Tribunal, PO Box 30232, Lansing MI 48909 by July 31. The petition must be filed on a Michigan Tax Tribunal form or a form approved by the Michigan Tax Tribunal. 

Michigan Tax Tribunal forms are available at www.michigan.gov/taxtrib. 

e i Adjournment of Board of Review 

4 

= 

7] of Nw 

th) 

Ziina)

parcel 

Number: 

14-27-200-020 

Grantor 

[Grantee 

RED WHITE 

& BLOOM MI 

INC 

PHARMACO INC 

PHARMCO INC 

4315 CLIO RD, 

LLC 

Property Address 

4315 CLIO RD 

PHARMACO INC 

owner's Name/Address 

RED WHITE AND BLOOM MICHIGAN INC 

2315 

E MCNICHOLS RD 

DETROIT, 

MI 48212 

Tax Description 

LOTS 

1 & 

2 

& PART OF 

3 REAVELY ACRES & 

PART OF 

E 1/2 OF SEC DESC AS BEG 

S 

0 DEG 

43 

MIN 

15 

SEC 

E 1973.70 

FT & 

N 

88 DEG 

55 

MIN 

15 SEC W 

50 FT FROM NE COR OF SEC TH 

S 

0 DEG 43 MIN 

15 SEC 

E 406.64 FT TH 

N 88 

DEG 

55 MIN 

15 SEC W 356.41 FT TH 

N 74 DEG 

|03 MIN 24 SEC W 160.13 

FT TH 

N 89 DEG 

39 

MIN 

06 SEC 

W 415.76 

FT TH 

N 

0 DEG 

27 MIN 

30 SEC 

W 370.83 

FT TH 

S 

88 DEG 

55 MIN 

15 

SEC 

E 974.09 

FT TO 

PL OF BEG EXCEPT THE 

E 

50 FT SEC 

27 T8N R6E OWNED & OCCUPIES AS 

ONE PARCEL 

(19) 

8.19 

A 

FROM 14-27-400- 

Comments/Influences 

- 

B 

JD1 PROPERTY LLC 

RED WHITE & BLOOM MI INC 

RED WHITE AND BLOOM MICHI 

0 

underground Utils. 

Topography of 

Site 

X 

Level 

Rolling 

Low 

High 

Landscaped 

Swamp 

wooded 

pond 

waterfront 

Ravine 

wetland 

Flood Plain 

when 

what 

09/09/2025 INSPECTED 2025 

| 

04/07/2021 

INSPECTED 

[2024 

10/14/2019 

INSP 

- NEW 2023 

Jurisdiction: 

MT MORRIS CHARTER TOWNSHIP 

County: 

Genesee 

Printed on 

03/09/2026 

a 

sale 

sale 

Inst. 

Terms 

of sale 

Liber 

‘verified 

~ 

Tprent.] 

Price 

Date 

Type 

& Page 

By 

Trans. 

362,500 

08/28/2025 

|CD 

03-ARM'S LENGTH 

[20250903000933 

DEED 

T 

100 

© 499,999 04/29/2025 

[wD 

03-ARM'S LENGTH 

I 

DEED 

0| 04/29/2025 

cD 

|21-NOT USED/OTHER 

© 

20250514000005 DEED 

100.00 

| 

3,000,000 02/01/2019 

WD 

~03-ARM'S LENGTH 

20190222000827 DEED 

1100.00 

Class: 

INDUSTRIAL-IMPROV zoning: 

M-1 

L 

[Building Permit(s) 

pate 

status 

| 

School: WESTWOOD HEIGHTS SCH DIST 

RE ROOF 

) 

04/24/2019 

100% COMPLET 

| 

P.R.E. 

0% 

- 

‘DEMO 

} 

1704/01/2019 

12598 

100% COMPLET | 

MAP #: 

27 

I 

) 

—] 

BE 

2026 Est TCV 1,076,258 TCV/TFA: 13.56 

X 

Improved 

vacant 

Land value Estimates 

for Land Table 7210.7210 COMM WwH 

public 

- 

) 

* Factors 

* 

[ 

Improvements 

Description 

Frontage 

Depth 

Front 

Depth 

Rate %Adj. 

Reason 

value 

- 

oad 

COMMERCIAL ACREAGE 

08.190 Acres 14,150 

110.000 

MEDICAL MARIHUANA 

12 

Dirt Roa 

8.19 Total Acres 

Total 

Est. 

Land value 

= 

127,480 

| 

Gravel 

Road 

| 

| 

X 

Paved Road 

| 

X 

Storm Sewer 

N 

a. 

. 

oo 

) 

oo 

Sidewalk 

work Description for Permit 12617, 

Issued 04/24/2019: 

REMOVE- 

RE ROOF 

1 ST COMM 

X water 

BLG 

—— 

. 

x 

camer 

work Description 

for Permit 12598, 

Issued 04/01/2019: 

4-2-19 

DEMO OF NON- 

. 

STRUCTURAL BLDG COMPONENTS INCLUDING ROOF AND INTERIOR. 

CT 

X 

Electric 

X 

Gas 

X 

[Curb 

| 

X 

Street Lights 

| 

X Standard utilities 

| 

Taxable 

value 

538,100U| 

~ Assessed 

value 

Year 

Building] 

value 

Board of 

Tribunal/ 

Review 

other 

538,100 

| 

1 

662,800 

662,800S 

658,900 

© 

658,9005 

649,600 

| 633,885¢C 

12026 

599,100) 

595,200 

585,900

2 

commercial/Industrial 

Building/Section 

3 

of 

3 

parcel 

Number: 

14-27-200-020 

Printed on 

03/09/2026 

Desc. 

of Bldg/Section 

ADJUSTED FOR CONDITION 

Cost Estimates 

for Commercial/Industrial 

Building/section: 

3 

Built 1971 

calculator Occupancy 

office Buildings 

Description 

of Occupancy: ADJUSTED FOR CONDITION 

Tass: 

ORSEruction-cost 

Costs are taken from the office Buildings cost schedules. 

Floor Area: 4,813 

FaJHigh 

[Fa[Above Ave. 

[FaJave. 

[Fa] Low | <<<<< 

calculator Cost Computations 

>>> 

Gross Bldg Area: 79,347 

¥% 

 %% 

Calculator COST Data 

%% 

#% 

Class: 

C 

Quality: Average 

. 

stories Above Grd: 

1 

quality: Average 

stories: 

1 

Story Height: 

12 

Perimeter: 

379 

Average Sty Hght: 12 

Heat#1: 

package Heating & Cooling 

100 

N 

: 

Base Rate for Upper Floors 

= 150.77 

Bsmnt Wall Hght: 0 

Heat#2: 

package Heating & Cooling 

0% 

PP 

Ave. 

SqFt/story: 4813 

(10) Heating system: 

Package Heating 

& Cooling 

Cost/SqFt: 

28.66 

100% 

Depr. Table 

© 2% 

Ave. 

Perimeter: 

379 

Adjusted Square Foot Cost 

for Upper Floors 

= 179.43 

Effective Age 

: 55 

Has Elevators: False 

. 

physical %Good 

: 40 

Total 

Floor Area: 

4,813 

Base Cost New of Upper Floors 

= 

863,597 

pune. *aood 

J 

: 100 

**% Basement Info *** 

Reproduction/Replacement Cost 

= 

863,597 

conomic 

4Good 

: 

Area: 

Eff.Age:55 

 Phy.%Good/Abnr.pPhy./Func./Econ./Overall %Good: 

40 /50 /100/100/20.0 

Perimeter: 

Total Depreciated Cost 

= 

172,719 

1971]Year Built 

Type: 

O{Remodeled 

N 

: 

Local 

Cost Items 

Rate 

Quantity/Area 

%Good 

 Depr.Cost 

Heat: Hot Water, Radiant Floor 

AVERAGE CANOPY 

20.25 

240 

0 

972 

S[overalT BTdg 

+ Mezzanine Info + 

ENTRY 

20.00 

96 

0 

384 

Height 

Area #1: 

ECF (MEDICAL MARIHUANA COMMERCIAL PROPER)0.950 => TCV of Bldg: 

3 

= 

165,372 

Type #1: 

Replacement Cost/Floor Area= 179.43 

Est. TCV/Floor Area= 34.36 

Comments: 

Area #2- 

Type #2: 

* Sprinkler Info 

* 

Area 

Type 

(1) Excavation/Site Prep: 

(7) Interior: 

(11) Electric and Lighting: 

(39) miscellaneous: 

(6) ceiling: 

(34) 

Roof Cover: 

(2) Foundation: 

| 

[Footings 

(8) Plumbing: 

F [Poured Conc [Fa[Brick/Stone[Fa[BTock|FaT]mMany 

Fal [Average 

Fal 

[Few 

outlets: 

Fixtures: 

Fal Above Ave. 

|Fal [Typical 

Fal 

[None 

[Fa 

[Few 

Fal[Few 

Total Fixtures 

Urinals 

Fa [Average 

FaljAverage 

3) 

Frame: 

3-Piece Baths 

wash Bowls 

Fa 

|Many 

Fal{Many 

2-Piece Baths 

water Heaters 

Fa |Unfinished 

Faliunfinished 

shower stalls 

wash Fountains | Fa |Typical 

Fal{Typical 

Toilets 

water Softeners 

; 

» 

y 

. 

. 

Fa 

[Flex Conduit 

|Fal|Tncandescent 

0 

(4) Floor structure: 

Fa [Rigid Conduit 

|Fal|Fluorescent 

(40) Exterior wall: 

Fa |Armored cable 

|Fal|Mercury 

[Thickness 

| 

[Bsmnt Insul. 

(9) sprinklers: 

Fa [Non-Metalic 

Fal|sodium vapor 

Fa 

{Bus buct 

Fal|Transformer 

(5) 

Floor Cover: 

(10) 

Heating and CooTing: 

(13) 

Roof Structure: 

STope= 

F|Gas 

[Fa[Coal 

FaJHand Fired 

F|oil 

[|Fa|Stoker 

|[Fa|Boiler 

iy? 

ets, 

N 

= 

— herein deemed reliable but not guaranteed**¥ 

api © 

O

commercial/Industrial Building/Section 

2 of 

3 

Parcel 

Number: 

14-27-200-020 

Printed on 

03/09/2026 

Desc. 

of Bldg/Section 

ADJUSTED CONDITION 

calculator Occupancy 

Office Buildings 

— 

ra 

Cass 

Floor Area: 7,200 

Stories Above Grd: 

1 

Average Sty Hght: 12 

Bsmnt wall 

Hght: 

O 

rs 

ra 

ra 

rm 

ORSErUCEToR—CosT 

FaJiigh 

[FajAbove Ave. 

[FajAve. 

[Fa] Low 

Heat#1: 

Heat#2: 

Depr. Table 

2% 

effective Age 

: 

physical %Good 

: 40 

Gross Bldg Area: 79,347 

¥% 

#¥ 

calculator Cost Data 

quality: Average 

(EES 

Forced Air Furnace 

100 

Forced Air Furnace 

0% 

Ave. 

SqFt/story: 7200 

Ave. 

Perimeter: 

396 

Has Elevators: False 

Cost Estimates 

for Commercial/Industrial Building/Section: 

2 

Built 1971 

pescription of Occupancy: ADJUSTED CONDITION 

Costs 

are taken from the office Buildings cost schedules. 

<<<<< 

calculator Cost Computations 

>>>>> 

class: 

C 

Quality: Average 

Stories: 

1 

story Height: 

12 

Perimeter: 

396 

Base Rate for Upper Floors 

= 141.75 

(10) Heating system: 

Forced Air Furnace 

cost/sqFt: 

19.08 

100% 

Adjusted Square Foot Cost for Upper Floors 

= 160.83 

Total 

Floor Area: 

7,200 

Base Cost New of Upper Floors 

= 

1,157,976 

(1) Excavation/Site prep: 

Func. *aood 

d 

: bos 

¥** Basement Info *** 

reproduction/Replacement Cost 

= 

1,157,976 

Economic 

%Good 

: 

Area: 

Eff.Age:55 

 Phy.%Good/Abnr.Phy./Func./Econ./Overall %Good: 

40 /50 /100/100/20.0 

Perimeter: 

Total Depreciated Cost 

= 

231,595 

1971]vear Built 

Type: 

a 

) 

o 

‘Bld 

) 

0|RemodeTled 

. 

: 

ECF 

(MEDICAL MARIHUANA COMMERCIAL PROPER)0.950 

=> TCV 

of 

Bldg: 

= 

220,015 

Heat: Hot Water, Radiant Floor 

Replacement Cost/Floor Area= 160.83 

Est. TCV/Floor Area= 30.56 

’ 

OfoveralT Bldg 

* Mezzanine Info 

* 

Height 

Area #1: 

Type #1: 

Comments: 

Area #2: 

Type #2: 

* sprinkler Info 

* 

Area: 

Type: 

(7) Interior: 

(ily Electric and Lighting: 

(39) Miscellaneous: 

(2) Foundation: 

| 

Footings 

(8) 

Plumbing: 

F [Poured Conc [Fa[Bric /Stone [Fa|BTock 

(3) 

Frame: 

(4) 

Floor structure: 

Fal|Many 

Fal 

[Average 

Fal 

[Few 

outlets: 

Fixtures: 

Fal|Above Ave. 

|Fal Typical 

Fal 

|None 

{Fa 

[Few 

Fal|Few 

Total 

Fixtures 

urinals 

Fa [Average 

Fal{Average 

3-piece Baths 

wash Bowls 

Fa |Many 

Fal{mMany 

2-piece Baths 

Water Heaters 

Fa |unfinished 

Fal|unfinished 

Shower stalls 

wash Fountains 

| Fa Typical 

Fal|Typical 

Toilets 

water Softeners 

Fa 

[Flex Conduit 

|Fal|Incandescent 

(40) Exterior Wall: 

Fa 

[Rigid Conduit 

|Fal{Fluorescent 

Fa [Armored cable 

{Fal|Mercury 

[Thickness 

| 

[Bsmnt Insul. 

(5) 

Floor Cover: 

(9) 

sprinklers: 

Fa {Non-Metalic 

Fal|Sodium vapor 

Fa 

{Bus Duct 

Fal[Transformer 

(13) 

Roof structure: 

STope= 

(10) Heating and Cooling: 

(6) Ceiling: 

F|Gas 

|Fa|Coal 

Floil 

|Fa|Stoker 

Fa[Hand Fired 

Fa|Boiler 

PE 

(14) 

Roof Cover: 

wa 

. 

. 

eh zarorneen) herein deemed reliable but not guaranteed*** 

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El 

commercial/Industrial Building/section 

1 of 

3 

parcel 

Number: 

14-27-200-020 

Printed 

on 

03/09/2026 

Desc. 

of BTdg/Section 

AD] CONDITION 

Cost Estimates for Commercial/Industrial Building/section: 

1 

Built 1971 

calculator Occupancy 

Warehouses 

- Storage 

Description of Occupancy: 

ADJ CONDITION 

€lass+¢ 

onstruction-cost 

Costs are taken from the Warehouses 

- Storage cost schedules. 

Floor Area: 67,334 

FaJiigh 

[FajAbove Ave. 

[FajAve. 

[Fa] Low | <<<<< 

. 

calculator Cost Computations 

>>> 

Gross Bldg Area: 79,347 

¥% 

®% 

calculator COSt Data 

¥% 

*% 

Class: 

C 

Quality: Average 

. 

stories Above Grd: 

1 

Quality: Average 

Stories: 

1 

Story Height: 

17 

Perimeter: 

1076 

Average Sty Hght: 17 

Heat#1: 

Space Heaters, 

Gas with Fan 

100 

. 

: 

Base Rate for Upper Floors 

= 54.67 

Bsmnt wall Hght: 

0 

Heat#2: 

Space Heaters, 

Gas with 

Fan 

0% 

pp 

Ave. 

SqFt/Story: 67334 

(10) Heating system: 

Space Heaters, 

Gas with 

Fan 

Cost/SqFt: 

4.84 

100% 

Depr. Table 

T 2.25% 

|ave. perimeter: 1076 

Adjusted Square Foot Cost for Upper Floors 

= 59.51 

Effective Age 

155 

Has Elevators: False 

. 

physical %Good 

: 

37 

Total 

Floor Area: 

67,334 

Base Cost New of Upper Floors 

= 

4,007,047 

pune. Xaood 

d 

: pod 

**% Basement Info *** 

Reproduction/Replacement Cost = 

4,007,047 

conomic 

%Good 

: 

Area: 

Eff.Age:55 

 Phy.%Good/Abnr. 

Phy. /Func./Econ./Overall %Good: 

37 /40 /100/100/14.8 

Perimeter: 

Total Depreciated Cost 

= 

593,043 

1971[vear Built 

Type: 

0|Remodeled 

. 

: 

ECF (MEDICAL MARIHUANA COMMERCIAL PROPER)0.950 => TCV of Bldg: 

1 

= 

563,391 

Heat: Hot Water, Radiant Floor 

Replacement Cost/Floor Area= 59.51 

Est. TCV/Floor Area= 8.37 

’ 

OfoveralT 

BTdy 

* Mezzanine Info 

* 

Height 

Area #1: 

Type #1: 

Comments: 

Area #2: 

Type #2: 

* sprinkler Info 

* 

Area: 

Type: 

(I) Excavation/Site Prep: 

{7) Interior: 

(11) 

Electric and Lighting: 

(39) Miscellaneous: 

(2) 

Foundation: 

| 

[Footings 

(8) Plumbing: 

F [Poured Conc [Fa[Bric /Stone JFa[BTock 

Fal Many 

Fal [Average 

Fal 

[Few 

outlets: 

Fixtures: 

Fal |above Ave. 

[Fal [Typical 

Fal 

[None 

[Fa 

[Few 

Fal|Few 

Total 

Fixtures 

Urinals 

Fa |Average 

Fal|Average 

(3) 

Frame: 

3-piece Baths 

wash Bowls 

Fa {Many 

FaljMany 

2-piece Baths 

water Heaters 

Fa |unfinished 

Fal|unfinished 

shower stalls 

wash Fountains 

| Fa {Typical 

Fal|Typical 

Toilets 

water Softeners 

Fa 

[Flex conduit 

|Fal|Incandescent 

B 

Lo 

: 

40) 

Exterior wall: 

(4) Floor structure: 

Fa [Rigid conduit |FallFluorescent 

0) 

Fa |armored cable |Fal|Mercury 

[Thickness 

| 

— [Bsmnt Insul. 

(9) Sprinklers: 

Fa [Non-Metalic 

Fal|Sodium vapor 

Fa 

[Bus buct 

Fal|Transformer 

(5) 

Floor Cover: 

(10) 

Fieating and Cooling? 

(13) 

Roof Structure: 

STope= 

F 

[Gas 

[Fa[cCoal 

Fa|Hand Fired 

Foil 

|[Fa|stoker 

|Fa|Boiler 

(6) ceiling: 

(33) 

Roof Cover: 

hd NE 

iY ntormih herein deemed reliable but not guaranteed*** 

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parcel Number: 

3 

Id 17% 

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14-27-200-020 

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GLASEENTRY CAXGIZONCRETE 

O 

commercial/Industrial 

Building/Section 

1 of 

3 

Printed on 

03/09/2026

ES 

ze 

) 4600 Miller Rd - Genesee Valley Center 

"Flint, Ml 48507 {Genesee County) - Flint Submarket 

1.8.8 

8" 8+ 

Retail 

oY 

1/2/2026 

Land Area 

3.33 AC/145,065 SF 

Sale Price 

$1,250,000 {$4.90/SF) 

Sale Comp Status 

In Progress 

GLA 

(% Leased) 

264,935 SF (0%) 

Sale Comp ID 

7637228 

Price'Status 

Full Value 

Parcel Numbers 

07-28-100-014 

Bult 

1969 

Sale Conditions 

"High Vacancy Property +2 

Type 

Name 

Location 

Recorded Buyer 

Genesee Mall Realty Lic 

Recorded Buyer 

Genesee CH LLC 

Great Neck, NY 11024 

Recorded Buyer 

Genesee Nassim LLC 

True Buyer 

Namdar Realty Group 

Great Neck, NY 11021 

(516) 773-0010 

Recorded Seller 

Macy's Retail Holdings, LLC 

True Seller 

Macy's Inc 

Springdale, OH 45246 

(613) 782-1212 

©) 8033 

N Dort Hwy 

* %k YY 

Mount Morris, MI 48458 (Genesee County) - Flint Submarket 

Retail 

w— 

- 

- 

- 

- 

Sold 

10/16/2025 

Land Area 

1.27 AC/55,165 SF 

Sale Price 

$1,000 {$0:17/SF) 

Sale Comp Status 

Public Record 

GLA 

5,824 SF 

Sale Comp ID 

7418747 

@ 

1987 

Parcel Numbers 

N-05-300-010 

Type 

Name 

Location 

Phone 

Recorded Buyer 

WIc Finance Lic 

- 

- 

Recorded Seller 

Germain Anna 

- 

- 

¢ 4315 Clio Rd 

* ok 

ek 

I" 

Flint, Ml 48504 (Genesee County) - Flint Submarket 

Retail 

——— 

Sold 

8/28/2025 

Built 

1971 

Sale Price 

$362,500 ($4.57/SF) 

Land Area 

819 AC/356,766 SF 

GLA 

79,347 SF 

Sale Comp Status 

Public Record 

Price Status 

Confirmed 

Sale Comp ID 

7319650 

Type 

Name 

Location 

Phone 

Recorded Seller 

Red White & Bloom Michigan 2024 Inc 

True Seller 

Pharmaco Inc 

Farmington Hills, MI 48331 

(248) 719-0527 

O 

Ey signeromt 

2026 CoStar Group - Licensed to Stonepoint CRE - 851288 

3/4/2026 

Pd 

"e CoStar~

EC 

& 

gt 4359 Clio Rd 

PARAS 

R AS ke 

+ 

Flint, Ml 48504 (Genesee County) - Flint Submarket 

Warehouse 

(ya 

2/11/2025 

Land Area 

4.24 AC[184,748 SF 

: 

Sale Price 

$130,350 ($2.90/SF) 

Sale Comp Status 

Public Record 

RBA (% Leased) 

45,000 SF (100%) 

Sale Comp ID 

7052598 

Built 

1962 

3302-3310 Corunna Rd 

¥* 

* 

kk 

Flint, MI 48503 (Genesee Courity) ~ Flint Submarket 

Industrial 

Sold 

1/8/2025 

Land Area 

0.27 AC/11,761 SF 

Sale Price 

$30,000 ($3.57/SF) 

Sale Comp Status 

Research Complete 

RBA 

8,400 SF 

Sale Comp ID 

7010667 

Built 

1937 

Type 

Name 

Location 

Phone 

Recorded Buyer 

Humanity On Display LLC 

Conyers, GA 30013 

- 

Recorded Seller 

Loreta Vaughn 

Flint, Mi 48532 

(810) 743-2374 

Tiue Seller 

Loreta Vaughn 

Flint, MI 48532 

(810) 743-2374 

4514 N Saginaw St 

wk 

Q 

~ 

Flint, MI 48505 {Genesee County) - Flint Submarket 

Retail 

Sold 

5/13/2021 

Land Area 

1.31 AC/67,064 SF 

Sale Price 

$75,000 ($3.07/SF) 

Sale Comp Status 

Research Complete 

GLA 

24,408 SF 

Sale Comp ID 

6500139 

Price Status 

Confirmed 

Sale Conditions 

Lease Option +2 

Built 

1980 

Type 

Name 

Location 

Phone 

Recorded Seller 

Alious Bates 

Flint, MI 48505 

(810) 789-1703 

True Seller 

Alious Bates 

Flint, MI 48508 

(810) 789-1703 

ER SIONEROINS 

2026 CoStar Group - Licensed to Stonepoint CRE - 851288 

rd 

. 

3/4/2026 

*,# CoStar 

Page 2

auie 

« 

* 

3091206 

valuation Report 

"08:34 AM 

AssessmentRoll Roll: MT 

MORRIS TWP 2026 

14-27-200-020 

2026 

Est. 

T.C.V. 

RED WHITE AND BLOOM MICHIGAN INC 

perty Class: 

301 

4315 CLIO RD 

a #127 

MT MORRIS CHARTER TOWNSHIP 

FLINT, 

MI 48504 

S 

1 

& 

2 

& PART OF 

3 REAVELY ACRES 

& PART OF 

E 1/2 

OF SEC DESC AS BEG 

S 

0 

DEG 

43 

MIN 

15 

SEC 

E 1973.70 

FT 

& 

N 

Land value Estimates for Land Table 7210.7210 COMM WwH 

* Factors 

* 

Description 

Frontage 

Depth 

Front 

Depth 

Rate %Adj. 

Reason 

value 

COMMERCIAL ACREAGE 

08.190 Acres 14,150 

110.000 

MEDICAL MARIHUANA 

127,480 

8.19 Total Acres 

Total 

Est. 

tand value 

= 

127,480 

Cost Estimates for Commercial/Industrial 

Building/section: 

3 

Built 1971 

Description 

of Occupancy: ADJUSTED FOR CONDITION 

Costs 

are taken from the office Buildings cost schedules. 

<<<<< 

calculator Cost Computations 

>>>>> 

Class: 

C 

Quality: Average 

Stories: 

1 

Story Height: 

12 

Perimeter: 

379 

Base Rate for Upper Floors 

= 150.77 

(10) Heating system: 

Package Heating 

& Cooling 

Cost/SqFt: 

28.66 

100% 

Adjusted square Foot Cost for Upper Floors 

= 179.43 

Total 

Floor Area: 

4,813 

Base Cost New of Upper Floors 

= 

863,597 

Reproduction/Replacement Cost 

= 

863,597 

Eff.Age:55 

 Phy.%Good/Abnr.Phy./Func./Econ./overall %Good: 

40 /50 /100/100/20.0 

Total 

Depreciated Cost 

= 

172,719 

al 

Cost Items 

Rate 

Quantity/Area 

%Good 

 Depr.Cost 

pee CANOPY 

20.25 

240 

0 

972 

RY 

20.00 

96 

0 

384 

ECF (MEDICAL MARIHUANA COMMERCIAL PROPER)0.950 => TCv of Bldg: 

3 

= 

165,372 

Replacement Cost/Floor Area= 179.43 

Est. TCV/Floor Area= 34.36 

Cost Estimates for Commercial/Industrial Building/Section: 

2 

Built 1971 

Description of Occupancy: ADJUSTED CONDITION 

Costs are taken from the office Buildings cost schedules. 

<<<<< 

calculator Cost Computations 

>>> 

Class: 

C 

Quality: Average 

Stories: 

1 

Story Height: 

12 

Perimeter: 

396 

Base Rate for Upper Floors 

= 141.75 

(10) Heating system: 

Forced Air Furnace 

cost/SqFt: 

19.08 

100% 

Adjusted Square Foot Cost for Upper Floors 

= 160.83 

Total 

Floor Area: 

7,200 

Base Cost New of Upper Floors 

1,157,976 

Reproduction/Replacement Cost = 

1,157,976 

Eff.Age:55 

 Phy.%Good/Abnr.Phy./Func./Econ./overall %Good: 

40 /50 /100/100/20.0 

Total 

Depreciated Cost = 

231,595 

ECF (MEDICAL MARIHUANA COMMERCIAL PROPER)0.950 => TCV of Bldg: 

2 

= 

220,015 

Replacement Cost/Floor Area= 160.83 

Est. TCV/Floor Area= 30.56 

Cost Estimates for commercial/Industrial 

Building/Section: 

1 

Built 1971 

ription of Occupancy: ADJ CONDITION 

Costs 

are taken from the warehouses 

- Storage cost schedules. 

<<<<< 

calculator Cost Computations 

>>> 

Class: 

C 

Quality: Average 

Stories: 

1 

Story Height: 

17 

Perimeter: 

1076

\ 

J 

03/09/2026 

08:34 AM 

valuation Report 

AssessmentRoll Roll: 

MT 

MORRIS TWP 2026 

Ore Rate for Upper Floors = 54.67 

(10) Heating system: 

Space Heaters, 

Gas with 

Fan 

Adjusted Square Foot Cost for Upper Floors 

= 59.51 

Cost/SqFt: 

4.84 

100% 

Total 

Floor Area: 

67,334 

Base Cost New of Upper Floors 

= 

4,007,047 

Reproduction/Replacement Cost 

= 

4,007,047 

Eff.Age:55 

 Phy.%Good/Abnr.Phy./Func./Econ./overall %Good: 

37 /40 /100/100/14.8 

Total bepreciated Cost 

= 

593,043 

ECF (MEDICAL MARIHUANA COMMERCIAL PROPER)0.950 => TCV of Bldg: 

1 

= 

563,391 

Replacement Cost/Floor Area= 59.51 

Est. TCV/Floor Area= 8.37 

2026 

Est. T.C.V. 

14-27-200-020 

= 

1,076,258 

Est. TCv/Total 

Floor Area = 13.56 

2025 Assessed 

MBOR 

S.E.V. 

Base for cap 

IRM 

662,800 

662,800 

662,800 

662,800 

2.70 

2026 

New 

Eq. Adjustment 

Loss 

Additions 

Tax Adjustment 

Losses 

0 

-124,700 

0 

0 

-124700 

0 

2026 Assessed 

MBOR 

S.E.V. 

Capped 

 ->Taxable<- 

PRE/MBT 

538,100 

538,100 

538,100 

680,695 

538,100 

0

: 

rty Tax Vali 

L 

lio 

St Mt 

ris 

Mi 

Dear Assessor's Office, 

I am writing to formally appeal the assessed value of the following properties located in Mt 

Morris , Michigan : 

» 

4315 Clio, Mt Morris , MI 48458 — Tax ID: [14-27200-020] 

i 

| respectfully request that property remains assessed at the purchase price of 362,500. 

This amount reflects the true market value at the time of purchase. In fact, based on the 

significant condition issues outlined below, 

| believe the properties may have been 

purchased above their actual market value. For the condition of the property | will think this 

should be 90% under truth value 

If the city has buyer at 362,500 , we will take it and walk out this deal 

For your review, 

| have included comparable properties that have recently sold in the area 

to support my position. Additionally, the overall condition of the property substantially 

impacts their value and should be carefully considered. The buildings have been vacant for 

many years and remain vacant currently. Due to their current condition, 

| believe the value 

should be adjusted significantly below the current assessment. 

Below is a summary of major repair issues and estimated costs: 

1. 

Exterior Repairs — Paint, parking lot repairs, window replacement, damaged siding 

with rust, and tree removal: estimated cost between 350,000 USD 

2. 

New Electric Installation currently no power everything its striped out the cost will 

be around 375,000 USD 

3. 

Heating and Cooling Systems — There is no functioning heating system OR cooling 

system or heat pries or gas line in the property all stripped out cost will be around 

325,000 USD

4. 

Interior Repairs No offices no restroom all stripped out need paint inside garage 

doors exit doors many others doors are gone windows are gone cost of this will be 

over 235,000 USD 

5. 

Plumbing ~ COMPLETELY STRIPPED OUT no pipes no water in the property will cost 

around 115,000 USD including bathrooms 

6. 

Roof Replacement - The roof is leaking extensively throughout the property. The 

cost to recover or replace the roof is estimated at approximately 75,000 USD 

7. 

New gates and doors will cost 135,000 USD 

8. 

There way too many issues on going with this property 

We are looking over 

Given the substantial deferred maintenance and repair costs required to make the 

properties functional and compliant, 

| respectfully request a reassessment that reflects 

the true condition and market value. 

Thank you for your time and consideration. Please let me know if any additional 

documentation or inspection access is required. 

Sincerely, 

[Ramy Yaldo] 

[cell: 586-943-3604]

Delrolt, ME 48204 

Recorded Buyer Blue Stes! Property, LLC 

we 

6030.loy 

Rd 

Detrolt, MI 48204 

{303) 778-4155 (p} 

Tus 

Buyer Blua Steel Proj 

, LEC 

uy frm 

petty, 

Detroit, Mi 48204 

(303) 778-4155 (p) 

Wayne 

Recorded Seller 

e County Treasurer 

{313) 

224-5390 {p} 

Sale Date Oct 17,2023 

Sale Price $38,000 

Price/SF 50.93 

Parcels 16-0356303 

Comp iD 6568025 

Comp Status Public Record 

Type 2 Star Industrial Warshouss 

Yoar Built 1842 

RBA 42000 SF 

tand Actes 1.11AC 

Land SF 48352 SF 

Zoning M3

17 

401ESGh St 

Pineonning, 

Mi 48650 

Recorded Buyer Exparimental Holdings Inc 

3660 Park 

42 Or 

Sharonville, CHA5241 

{513) 979-5395 {p) 

True Buyer Experimental Heldings Inc 

3660 Park42 Dr 

Sharonville, CH 45241 

{513} 979-5385 {p) 

Bay 

Recorded Seller Corporate Property Assoc. 

401 E5th St 

Pinconning, Mi 48850 

True Seller WP. Carey Inc. 

1 Manhattan West 

News York, NY 10001 

{212} 492-1100 {p) 

Sale Date Sep 8, 2023 

Sale Price $630,000 

Price/SF $2.86 

Parcels 09-180-028-200-630-00, 09-180 

P10-003-001.00 

Comp 1D 6504298 

Comp Status Research Complete 

Type 2 Star Industrial Distribution 

Year Built 1945 

RBA 220588 

SF 

1and Acres 14.1540 

Land SF 616374 

SF 

Zoning Industrial 

Sala Condition Auction Sale

1 

416 Ford Ave 

Alpena, ML 48707 

Alpana 

Recorded 

Buyer hel 

Recorded Seller Decorative Panels Intern... 

id 

E32 oodande br 

416 Ford Ave 

Alpena, M1 48707 

pts 

rire 5 Hy 

(888) 354-2121 {p) 

True Buyer 6352 Ronde or 

True Seller Decorative Panels Intern... 

Nunca, Mi 4 

Hoera Hai ssror 

(816) 

837-1214 

Hye 

55 354-2121 {p) 

Sale Date Feb 25,2025 

Type 2 Star Industrial Warehouse 

Sale Price $525,000 

Year Bullt 1950 

PricelSF $1.13 

RBA 485,000 SF 

Land Acres 88.689 AC 

Parcels 091-023-000-416-00, 

Land 

SF 3,806,026 SF 

{01-023-000-416-01, 091-023-000-416-02 

Zoning 1-2 

Comp ID 7070070 

Sale Condition Auction Sale 

Comp Status Research Complete

- 

20 

94 Fountain St 

Battie Creek, M1 48017 

Recorded Buyer Battle Creek River 3, LLC 

211 E Water St 

Kalamazoo, MI 49007 

True Buyer Battle Creek River 3, LIC 

211 E Water St 

Kalamazno, 

M1 49007 

Recorded Seller rhe Enemy 

fis 7900 {o} 

True Seiler Semeo Energy Inc 

Tov 

My 4605s 

Rd 

By aer-ro00 {r} 

TB dvar Rd 

Sale Date Jut31, 2023 

Sale Price $150,000 

Price/SF $0.46 

Parcels 3140-00-041-0 

Comp ID 6850818 

Comp Status Research Complete 

Type 2 Star Industrial Manufacturing 

Year Bullt 1828 

RBA 323230 SF 

tand Acres 850AC 

Land SF 370,260 

SF 

Zoning Industrial

- 

-r 

3 

10 

2500 W Argyle St 

SOLD 

Jackson, Mi 48202 

Recorded Buyer State Of Michigan 

3423 N Martin Luther King Jr 

Bivd 

Lansing, MI 48506 

Jackson 

Recorded Sefier Commonwealth Associates Inc 

Sala Bata Jun 18, 2024 

Tee 1 Star Industrial Manufacturing 

Sale Price $120,000 

102417 

SF 

PricelSF $1.17 

Land Acres 17.27 AC 

Land SF 752281 SF 

Parcels 000-08-23-476-001-03 

Comp ID 6818807 

Comp Status Public Record 

bem 

— 

— 

= 

T=

- 

awr 

Buyer Type: 

Sale Dale: 

Escrow Length: 

Sale Price: 

Asking Price: 

PricelSF: 

PricefAC Land Gross: 

Percent Leased: 

Sale Conditions: 

No. of Tenanis: 

Tenants at time of sale: 

Molching inc. 

Molching inc. 

Doug Molching 

46942 Woodlanda Dr 

Nunica, Mi 48348 

(616) 837-1214 

Individual 

02/25/2025 {116 days 

on market) 

- 

$525,000-Confirmad 

$1.13 

$5,853.45 

100.0% 

Auction Sale 

1 

Decorative Panels International 

Recorded Seller: 

True Seller: 

Sale Type: 

Bidg Type. 

Year Buil/Age: 

RBA: 

Lang Area: 

Dacorativo Panels international 

Dacorativa Panals international 

416 Ford Ave 

Alpena, MI 49707 

(989) 354-2121 

Caorporataftiser 

JL 

Sagan Cavanaugh 

{248) 581-3331 

investment 

‘Warchouse 

Built in 1850 Aga: 75 

465,000 SF 

89.69 AC {3,906,927 SF}

re 

22 812 NBeck St 

Sebewalng, MI 48759 

Huron 

Recorded Seller Winemarn James (16) 

3879 Hidden Acres Cir S 

North Fort Myers, FI 33003 

{239) 826-4501 {p} 

True Seller Wineman James {te} 

3879 Hidden Acres Cir 

North Fort Myers, FL 33803 

(239) 896-4501 (p} 

Sale Date Jun7,2023 

Sale Price $180,000 

Pricel/SF $2.31 

Parcels 38-008-205-00 

Type 2 Star Industrial Warehouse 

Year Built 1950; Renov 2023 

RBA 78,000 SF 

Land Acres 3.00 AC 

tand SF 130,680 SF 

Zoving Industrial

05 “Parcel 1 Hooper 

- LoDal 

Kingsford, Mi 48802 

Dickinson 

Listing Broker Stephens Real Eslate 

Ryan Gordon 

1320 Carpenter Ava 

pid 774-8570 X27 (p} 

Iron Mountain, M1 49801 

{908) T74- 8570 [0] 

Prica $450,000 

Sale Type Investment or Qwner User 

Price/SF $2.50 

Type 3 Slar industrial Distribution 

On Markst 777 Days 

Year Built 1820 

Status Under Contract 

Parcels 052-001-079-00 

RBA 180,000 SF 

tand Acres 11.60 AC 

Land SF 505,206 SF 

Zoning 11 

UNDER CONTRACT

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5.3 

2026 

B 

qe 

L-g 026 

BOARD OF REVIEW DECISION 

‘ROM 

MT MORRIS CHARTER TOWNSHIP 

® 

5447 BICENTENNIAL DR 

MT MORRIS, MI 48458 

NAME AND ADDRESS OF OWNER OR PERSON NAMED ON ASSESSMENT ROLL: 

PROPERTY IDENTIFICATION: (Parcel Code required. Property address 

and legal description optional.): 

14-27-200-020 

4315 CLIO RD 

ID1 PROPERTY LLC 

LOTS 

1 & 2 & PART OF 3 REAVELY ACRES & PART OF E 1/2 

2315 E MCNICHOLS RD 

OF SEC DESC AS BEG § 0 DEG 43 MIN 15 SECE 1973.70 FT & 

DETROIT, MI 48212 

N 88 DEG 55 MIN 15 SEC W 50 FT FROM NE COR OF SEC TH 

S 0 DEG 43 MIN 15 SEC E 406.64 FT TH N 88 DEG 55 MIN 15 

SEC W 356.41 FT THN 74 DEG 03 MIN 24 SEC W 160.13 FT 

THN 

89 DEG 39 MIN 06 SEC W 415.76 FT TH N 0DEG 27 MIN 

THIS PROPERTY IS CLASSIFIED 

301 (INDUSTRIAL-IMPROVED) 

Thank you for attending this years March Board of Review. The Board has reviewed the information you supplied and the data necessary 

to compute your assessment and taxable value. 

The Board has completed their review of parcel number 

14-27-200-020 

They have made the following determination based on the information you supplied. 

Board of Review Comments 

NO CHANGE THE VALUES REFLECT FAIR MARKET VALUE 

20; 

RIGINAL ASSESSED VALUE 

538,100 

] 

2026 "BOARD OF REVIEW" ASSESSED VALUE 

538,100 

(If the above amounts are the same, no revisions have occured) 

2026 ORIGINAL TAXABLE VALUE 

538,100 

2026 "BOARD OF REVIEW" TAXABLE VALUE 

538,100 

2026 PRINCIPAL RESIDENCE EXEMPTION/QUALIFIED AG 

0.0000 

Please feel free to contact the assessor at the address listed above or call if you have any questions, 

‘Effective March 1, 2013, the Tribunal is no longer able to accept Small Claims letter appeals. Rather, you are required to file a petition to 

nitiate a new Small Claims appeal. Petition forms are available on this website.” 

attp://www.michigan.gov/taxtrib/0,4677,7-187-3 8254---,00.htm]

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