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    Property profile & analytics

    1950 Ellis Lk Rd Grawn, MI 49637-9546

    • Specialty properties
    • 9,720 SF
    • 10.08 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-2049276
    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

    • BlueBridge Events Centre / Wedding Venue / Banquet Hall

    Property Details for 1950 Ellis Lk Rd

    Year built
    2000
    Lot size
    10.08 lot acres
    Property size
    9,720 SF
    Zone code
    C- COMMERCIAL
    Property type
    Specialty properties
    APN
    07-010-017-00
    APU
    701001700

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grawn
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.7437
    Latitude
    44.6595
    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
    $18,988
    $0.00
    $0.00
    $529,600
    -
    $0.00
    $0.00
    $1,276,438

    Comparable in this City

    • Value Estimation by Request
      3,472 SF

      7966 Us Hwy 31

      VETERINARY, ANIMAL HOSPITAL • 3,472 SF
      7966 Us Hwy 31, Grawn, MI 49637-9711
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    • Value Estimation by Request
      6,900 SF

      1355 Mcgregor Way

      COLLEGE, UNIVERSITY, VOC SCHOOL • 6,900 SF
      1355 Mcgregor Way, Grawn, MI 49637-9696
      View Details
    • Value Estimation by Request
      1.91 Acres

      Us 31st S

      VACANT COMMERCIAL LAND • 1.91 Acres
      Us 31st S, Grawn, MI 49637
      View Details
    • Value Estimation by Request
      1.19 Acres

      Silver Lk Xing Blvd

      VACANT COMMERCIAL LAND • 1.19 Acres
      Silver Lk Xing Blvd, Grawn, MI 49637
      View Details
    • Value Estimation by Request
      968 SF

      2160 Tonawanda Lk Rdc6

      WAREHOUSE, STORAGE • 968 SF
      2160 Tonawanda Lk Rdc6, Grawn, MI 49637-9714
      View Details
    • Value Estimation by Request
      640 SF

      2160 Tonawanda Lk Rdb5

      WAREHOUSE, STORAGE • 640 SF
      2160 Tonawanda Lk Rdb5, Grawn, MI 49637-9714
      View Details

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    Grawn, MI 49637-9546
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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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