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    Off Riv Edge Dr Cheboygan, MI 49721

    For Sale
    $159,000

    LAND - Cheboygan, MI

    Lot size:
    3.10 Acres
    Days on Market:
    48
    Last Refresh:
    Dec 14 at 1:06 pm

    Property Features for Off Riv Edge Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    104-022-400-001-15
    Lot size
    3.10 Acres

    Utilities

    Water front
    1

    Exit Realty Premier (231) 597-8000

    Listing agent Roger J Kopernik (231) 420-3805

    Listing date Oct 28, 2025

    MLS# 201823790 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 Lot on Black River

    This 3.1-acre waterfront lot is located on the Black River, offering 230 feet of frontage on the Inland Waterway. Designated as Lot 15 within a new development, the property benefits from a park-like setting maintained through a road maintenance agreement and county zoning regulations. The development has no Home Owners Association. The seller is open to a land contract with 20% down and 6% interest, offering two options: a 10-year straight term or a 15-year amortization with a 5-year balloon. Note that there is a steep slope to the water. The shoreline photos should be close, and are not guaranteed. Other lots are available in the development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Specialty properties

    Map

    City
    Cheboygan
    County
    Cheboygan
    State
    Michigan
    Longitude
    -84.422278
    Latitude
    45.576053

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    FAQs

    What type of property is this?
    Specialty property - 3.1 acre waterfront lot with 230' frontage.
    Where is this specialty property located?
    The property is located at Off Riv Edge Dr Cheboygan, MI.
    What is the asking price?
    The asking price for this property is $159,000.
    What are key features of this property?
    This property features: - 3.1 acre waterfront lot on Black River; - Enjoy 230' frontage on inland waterway; - Land contract available (20% down, 6% interest)
    (231) 420-3805
    Request Owner's contact information
    Off Riv Edge Dr 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
    Off Riv Edge Dr Cheboygan, MI 49721
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