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    1361 Manistee Hwy Us 31 S Manistee, MI

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    Retail property in Manistee, Michigan, near Lake Michigan.

    Property size:
    7,952 SF
    Lot size:
    8.00 Acres

    Property Features for 1361 Manistee Hwy Us 31 S

    General Information

    Size
    7,952 SF
    Lot size
    8.00 Acres

    Source: Carolina Commercial Agent Lash Hairston

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Manistee, Michigan

    Located in Manistee, Michigan, also known as “the Victorian port city”, this retail property is situated in northwest Michigan on the shore of Lake Michigan. The local economy is supported by manufacturing, tourism, and natural resources. Major employers in the area include Morton Salt, Fab-Lite, Martin Marietta, and Little River Casino Resort. The property benefits from high traffic volume within Manistee County. The property has a size of 7952 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Manistee
    County
    Manistee
    State
    Michigan
    Longitude
    -86.324253
    Latitude
    44.2444473

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    FAQs

    What type of property is this?
    Retail property - Retail property in Manistee, Michigan, near Lake Michigan.
    Where is this retail property located?
    The property is located at 1361 Manistee Hwy Us 31 S Manistee, MI.
    What are key features of this property?
    This property features: - Located in Manistee, a city driven by manufacturing, tourism, and natural resources.; - Benefits from one of the highest traffic counts in Manistee County.; - Manistee is located on the shore of Lake Michigan.
    (910) 773-0540
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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
    1361 Manistee Hwy Us 31 S Manistee, MI
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