Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    203 Water St East Jordan, MI 49727-9108

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-4252397
    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

    • Goodman Cottage / Homestay

    Property Details for 203 Water St

    Property type
    Commercial real estate
    APN
    053-991-005-00
    APU
    5399100500

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    East Jordan
    County
    Charlevoix
    State
    Michigan
    Longitude
    -85.134
    Latitude
    45.1533

    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
    2022
    $667
    $0.00
    $0.00
    $24,900
    -
    $0.00
    $0.00
    $49,800

    Comparable in this City

    • Value Estimation by Request

      Airport Dr

      COMMERCIAL (GENERAL)
      Airport Dr, East Jordan, MI 49727
      View Details
    • Value Estimation by Request

      1 Airport Dr

      COMMERCIAL CONDOMINUIM
      1 Airport Dr, East Jordan, MI 49727
      View Details
    • Value Estimation by Request

      6505 Airport Rd

      COMMERCIAL (GENERAL)
      6505 Airport Rd, East Jordan, MI 49727-9038
      View Details
    • Value Estimation by Request
      2,592 SF

      108 Bartlett St

      COMMERCIAL (GENERAL) • 2,592 SF
      108 Bartlett St, East Jordan, MI 49727-8690
      View Details
    • Value Estimation by Request
      3,052 SF

      4189 Jonathon Dr

      COMMERCIAL (GENERAL) • 3,052 SF
      4189 Jonathon Dr, East Jordan, MI 49727
      View Details
    • Value Estimation by Request
      10,412 SF

      101 Main St Ste D

      COMMERCIAL (GENERAL) • 10,412 SF
      101 Main St Ste D, East Jordan, MI 49727-5146
      View Details

    Similar Nearby for Sale

    • $4,999,000

      Lake Charlevoix Commercial Portfolio

      Prime Waterfront Investment Opportunity
      204 Water St, East Jordan, MI 49727
      View Details
    • $125,000

      Beals Lake Waterfront Land

      10 acres with 285' on Beals Lake.
      Wilson Rd, East Jordan, MI 49727
      View Details
    • New
      $85,000
      40.00 Acres

      Heavily Wooded 40-Acre Parcel

      40 acres of wooded land, ideal for hunting.
      Tbd Mt Bliss, East Jordan, MI 49727
      View Details
    • $399,000
      27.00 Acres

      Waterfront Land with Cabin

      27 acres with 800' frontage on Six Mile Lake.
      Tbd Miles Rd, East Jordan, MI 49727
      View Details
    • $4,999,000
      19,845 SF

      Waterfront Multi-Use Investment Opportunity

      3.4 acres with waterfront, venue, warehouse, rentals, and retail.
      204 Water St, East Jordan, MI 49727
      View Details
    • $199,000
      Pending

      East Jordan Land with Creek

      6.7 acres with Deer Creek frontage near East Jordan, MI.
      4959 Sloop Rd, East Jordan, MI 49727
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Grocery Anchored Center

      Retail space available in a centrally located, grocery-anchored shopping center.
      230 S Lake St, East Jordan, MI 49727
      View Details
    • Contact for pricing
      7,015 SF

      Retail Space in Grocery Anchored Center

      Available retail space in a centrally located, grocery-anchored shopping center.
      250 S Lake St, East Jordan, MI 49727
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    203 Water St
    East Jordan, MI 49727-9108
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.