Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Lower Mograin Rd, Unit 2-10 Cheboygan, MI 49721

    For Sale
    $1,428,500

    LAND - Cheboygan, MI

    Days on Market:
    102
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for Lower Mograin Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    104-026-300-002-14, 104-026-300-002-13, 104-026-30

    Utilities

    Water front
    1

    Pure Michigan Property (906) 420-3400

    Listing agent Mark Mleczewski (906) 420-3400

    Listing date Aug 27, 2025

    MLS# 201836721 Listing URL

    Copyright © 2025 Water Wonderland Board of 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

    Waterfront Land on Black River

    This property features 2,100 feet of waterfront on the Inland Waterway. It includes nine estate-size parcels on the Black River, each with at least 200 feet of private waterfront and a gentle slope to the water's edge. Each parcel is suited for a walkout basement design, maximizing views and connection to the river in a park-like setting. From this property, it is possible to navigate the Inland Waterway to Mullett Lake, Burt Lake, Indian River, Cheboygan River, and Lake Huron. This tract is suitable for a luxury home community or a waterfront condominium development. A road association will be formed for road maintenance and snow plowing with an annual fee of $500 per parcel. Underground electric is planned to be installed this fall. Seller financing is available.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Cheboygan
    County
    Cheboygan
    State
    Michigan
    Longitude
    -84.404519
    Latitude
    45.560467

    Nearby Similar for Sale

    • $649,500
      21,780 SF

      Cheboygan Office Building Investment

      21,780 SF office building, 85% leased, great visibility.
      520 N Main St, Cheboygan, MI 49721
      View Details
    • $1,150,000
      4.93 Acres

      Versatile Commercial Building in Cheboygan

      High-visibility commercial building with flexible layout options on a 4.93-acre lot.
      9750 N Straits Hwy, Cheboygan, MI 49721
      View Details
    • $266,000
      1,926 SF

      Updated Commercial Building in Cheboygan

      Well-maintained commercial building with recent updates and parking.
      312 W Elm St, Cheboygan, MI 49721
      View Details
    • $799,900
      16,200 SF

      Versatile Commercial Building in Cheboygan

      Large commercial building with office, storage, and garage space.
      9445 N Straits Hwy, Cheboygan, MI 49721
      View Details
    • $198,000
      1,800 SF

      Commercial Building with Coffee Shop

      Commercial building with established coffee shop and apartment in Cheboygan.
      211 W State St, Cheboygan, MI 49721
      View Details
    • $625,000
      6,436 SF

      Cheboygan Office Building For Sale

      Office building with 6,436 square feet of space.
      902 S Huron St, Cheboygan, MI 49721
      View Details

    FAQs

    What type of property is this?
    Land - Nine estate-sized parcels with extensive waterfront on the Inland Waterway.
    Where is this land located?
    The property is located at Lower Mograin Rd, Unit 2-10 Cheboygan, MI.
    What is the asking price?
    The asking price for this property is $1,428,500.
    What are key features of this property?
    This property features: - 2,100' of PRIME WATERFRONT property on the Inland Waterway; - Seller financing available; - Nine estate-size parcels, each with at least 200' of private waterfront
    (906) 420-3400
    Request Owner's contact information
    Lower Mograin Rd, Unit 2-10 Cheboygan, MI 49721
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Lower Mograin Rd, Unit 2-10
    Cheboygan, MI 49721
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Lower Mograin Rd, Unit 2-10 Cheboygan, MI 49721
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.