Middle school valued at $4 million
May 30, 2014 PLYMOUTH EAGLE.
News Plymouth Michigan
Central Middle School in downtown Plymouth will be on the market with a price tag right around $4 million.
Appraiser David Burgoyne presented his findings to the members of the Plymouth Canton Community Schools Board of Education members last week, concluding the value of the building at property is at the $4 million amount, although the price could go higher. The school building at adjacent property, located on Main Street and Church Street, will be closed by the school district in September of 2015 and students transferred to a new middle school under construction at Canton Center and Cherry Hill roads in Canton Township. An intensive survey and study by district officials determined that the majority of middle school children in the district either already do live or will live in the Canton area.
Burgoyne told the school board trustees that the appraisal as presented is based on the “highest and best use” of the property. Currently, the city has zoned the 21.6 acre property single-family residential, requiring lots of no less that 60 feet in width and with a minimum lot size of 7,200 square feet.
The Plymouth Cultural Center currently occupies 4.25 acres of the area and the Miracle League of Plymouth special-needs baseball field uses 1.15 acres. There are 9.7 acres of athletic fields and tennis courts at the site and the building occupies 6.41 acres, according to the appraisal figures.
Burgoyne noted that the cultural center and the Miracle League field would probably not be a part of the sale of the land. That leaves about 17 acres in the appraised price, along with the school building.