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    1109 State St Cheboygan, MI 49721

    • Retail properties
    • 74,043 SF
    For Lease
    View listing
    $8 SF/Yr
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Chelsea's Closet / Non-Profit Organization

    Property Details for 1109 State St

    Property size
    74,043 SF
    Property type
    Retail properties
    Property subtype
    Office Properties & Spaces

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cheboygan
    County
    Cheboygan
    State
    Michigan
    Longitude
    -84.4613
    Latitude
    45.6417

    Comparable in this City

    • Value Estimation by Request
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      859 Lahaie Rd

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      859 Lahaie Rd, Cheboygan, MI 49721-1809
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    • Value Estimation by Request
      0.23 Acres

      1237 Mackinaw Ave

      COMMERCIAL (GENERAL) • 0.23 Acres
      1237 Mackinaw Ave, Cheboygan, MI 49721-1036
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    • Value Estimation by Request
      0.36 Acres

      6926 Mullett Lk Rd

      COMMERCIAL (GENERAL) • 0.36 Acres
      6926 Mullett Lk Rd, Cheboygan, MI 49721-9605
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    • Value Estimation by Request
      0.28 Acres

      4989 Orch Bch Rd

      COMMERCIAL (GENERAL) • 0.28 Acres
      4989 Orch Bch Rd, Cheboygan, MI 49721-9448
      View Details
    • Value Estimation by Request
      92.94 Acres

      5607 Riv Rd

      COMMERCIAL (GENERAL) • 92.94 Acres
      5607 Riv Rd, Cheboygan, MI 49721-8827
      View Details

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    Similar Nearby for Lease

    • $8 SF/Yr
      74,043 SF

      1109 State St

      Office Properties & Spaces • 74,043 SF
      1109 State St, Cheboygan, MI 49721
      View Details
    • New
      $2,500 /Mo
      20,480 SF

      Unique Downtown Cheboygan Property

      Unique property with commercial kitchen, classrooms, and large open space.
      610 S Cuyler St, Cheboygan, MI 49721
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    1109 State St
    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
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