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    506 Stempky St Cheboygan, MI 49721

    For Sale
    $67,500

    land - CHEBOYGAN, MI

    Days on Market:
    67
    Last Refresh:
    Dec 14 at 3:06 am

    Property Features for 506 Stempky St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Interior features
    APPLIANCES:

    Building Details

    Architectural style
    Other

    Coldwell Banker Schmidt Family Of Companies [email protected]

    Listing agent Missy Koszegi (231) 627-9959

    Listing date Oct 9, 2025

    MLS# 201835932 Listing URL

    Copyright © 2025 Coldwell Banker Schmidt REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Cheboygan, MI

    This 1.8-acre parcel is located in town and zoned R-M (Multiple Family Residential), making it suitable for duplexes, apartments, or other multi-family development. The property is conveniently situated behind Walmart and is just minutes from the hospital and medical services. City water and sewer are available at the street, enhancing the development potential of this property.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Building Supply Hotel & Motel Bar & Pub Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cheboygan
    County
    Cheboygan
    State
    Michigan
    Longitude
    -84.4843747
    Latitude
    45.6267239

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    FAQs

    What type of property is this?
    Land - 1.8-acre residential land parcel zoned for multi-family development.
    Where is this land located?
    The property is located at 506 Stempky St Cheboygan, MI.
    What is the asking price?
    The asking price for this property is $67,500.
    What are key features of this property?
    This property features: - 1.8-acre in-town parcel zoned R-M allows for multi-family development.; - City water and sewer available at the street.; - Conveniently located behind Walmart.
    (231) 627-9959
    Request Owner's contact information
    506 Stempky St Cheboygan, MI 49721
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    Cheboygan, MI 49721
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    506 Stempky St Cheboygan, MI 49721
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