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    Property profile & analytics

    125 8th St Traverse City, MI 49684-2523

    • Parking lots & garages
    • 186,482 SF
    • 1.43 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-2208365
    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

    • ChargePoint Charging Station / Electric Vehicle Charging Station
    • Old Town Parking Structure / Parking Garage

    Property Details for 125 8th St

    Year built
    2010
    Lot size
    1.43 lot acres
    Property size
    186,482 SF
    Property type
    Parking lots & garages
    APN
    51-618-094-01
    APU
    5161809401

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Traverse City
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.6223
    Latitude
    44.7604
    CBSA code
    45900
    CBSA name
    TRAVERSE CITY, MI MICROPOLITAN STATISTICAL AREA

    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
    $0.00
    $0.00
    $0.00
    $5,516,326
    -
    $0.00
    $0.00
    $11,032,651

    Comparable in this City

    • Value Estimation by Request
      840 SF

      225 State St

      PARKING GARAGE, PARKING STRUCTURE • 840 SF
      225 State St, Traverse City, MI 49684-2514
      View Details
    • Value Estimation by Request
      142,000 SF

      303 State St

      PARKING GARAGE, PARKING STRUCTURE • 142,000 SF
      303 State St, Traverse City, MI 49684-5750
      View Details
    • Value Estimation by Request
      21,312 SF

      155 Garland St

      PARKING GARAGE, PARKING STRUCTURE • 21,312 SF
      155 Garland St, Traverse City, MI 49684-2286
      View Details
    • Value Estimation by Request
      1,036 SF

      1103 Un St

      AUTO REPAIR, GARAGE • 1,036 SF
      1103 Un St, Traverse City, MI 49684-3258
      View Details
    • Value Estimation by Request
      276 SF

      2545 Us Hwy 31st S

      AUTO REPAIR, GARAGE • 276 SF
      2545 Us Hwy 31st S, Traverse City, MI 49684-4522
      View Details
    • Value Estimation by Request
      21,174 SF

      2825 Us Hwy 31st S

      AUTO REPAIR, GARAGE • 21,174 SF
      2825 Us Hwy 31st S, Traverse City, MI 49684-4528
      View Details

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      Redevelopment or re-use project in Traverse City, Michigan.
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    Similar Nearby for Lease

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      Auto Dealership Building For Lease

      13,515 SF auto dealership building with service bays for lease.
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    • $14 SF/Yr
      3,276 SF

      Traverse City Commercial Space For Rent

      High-visibility commercial space near Grand Traverse Mall. Flexible lease terms.
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      Versatile commercial kitchen space in downtown Traverse City for lease.
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      High-Visibility Retail Space Available
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    • $24 SF/Yr
      2,971 SF

      Downtown Traverse City Retail Condo

      Retail condo in downtown Traverse City, completion scheduled for June 2026.
      137 Pine St, Traverse City, MI 49684
      View Details

    Property Visit Statistics

    • Visits by month
      1.3k
    • Visitors by month
      1.2k
    • Avg Time on site
      45 min
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    125 8th St
    Traverse City, MI 49684-2523
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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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