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    Property profile & analytics

    114 Michigan Ave Grayling, MI 49738-1741

    • Medical offices
    • 1,784 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    $355,000
    Last Sale
    Feb 01, 2022
    Location Intelligence
    Property ID
    US43-3608439
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Suchey Chiropractic / Chiropractor / Massage Therapist
    • Guno Nester / Doctor

    Property Details for 114 Michigan Ave

    Year built
    1962
    Lot size
    0.10 lot acres
    Property size
    1,784 SF
    Zone code
    CBD
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    070-100-017-003-00
    APU
    7010001700300

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grayling
    County
    Crawford
    State
    Michigan
    Longitude
    -84.7148
    Latitude
    44.661

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,721
    $3,400
    $69,600
    $73,000
    -
    $6,800
    $139,200
    $146,000

    Comparable in this City

    • Value Estimation
      $455,000
      3,580 SF

      800 Michigan Ave

      MEDICAL BUILDING • 3,580 SF
      800 Michigan Ave, Grayling, MI 49738-1418
      View Details
    • Value Estimation
      $470,000
      5,936 SF

      1010 Wn Down Riv Rd

      MEDICAL BUILDING • 5,936 SF
      1010 Wn Down Riv Rd, Grayling, MI 49738-2060
      View Details
    • Value Estimation
      $160,000
      4,480 SF

      308 Michigan Ave

      MEDICAL BUILDING • 4,480 SF
      308 Michigan Ave, Grayling, MI 49738-1643
      View Details
    • Value Estimation
      $300,000
      8,494 SF

      1200 Wn Down Riv Rd

      MEDICAL BUILDING • 8,494 SF
      1200 Wn Down Riv Rd, Grayling, MI 49738-8025
      View Details
    • Value Estimation
      $240,000
      1,860 SF

      81 I 75th Business Loop

      MEDICAL BUILDING • 1,860 SF
      81 I 75th Business Loop, Grayling, MI 49738
      View Details
    • Value Estimation
      $395,000
      3,962 SF

      904 Michigan Ave

      MEDICAL BUILDING • 3,962 SF
      904 Michigan Ave, Grayling, MI 49738-1308
      View Details

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    • $484,000

      Grayling Commercial Land - I-75

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    Similar Nearby for Lease

    • Contact for pricing
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      Grayling Industrial Property For Lease

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    • $7 SF/Yr

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    • $4 SF/Yr
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      High-quality industrial building near I-75 in Grayling, Michigan.
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    114 Michigan Ave
    Grayling, MI 49738-1741
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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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