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    Property profile & analytics

    204 Ionia St Grayling, MI 49738-1739

    • Office buildings
    • 1,200 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Last Sale
    Sep 29, 2023
    Location Intelligence
    Property ID
    US43-2944510
    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

    • Farm Bureau Insurance / Insurance Agency

    Property Details for 204 Ionia St

    Year built
    1950
    Lot size
    0.04 lot acres
    Property size
    1,200 SF
    Zone code
    C-1
    Property type
    Office buildings
    APN
    070-100-018-006-00
    APU
    7010001800600

    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
    -84.7128
    Latitude
    44.6609

    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
    $1,958
    $3,200
    $44,600
    $47,800
    -
    $6,400
    $89,200
    $95,600

    Comparable in this City

    • Value Estimation
      $280,000
      1,253 SF

      120 Michigan Ave

      OFFICE BUILDING • 1,253 SF
      120 Michigan Ave, Grayling, MI 49738-1741
      View Details
    • Value Estimation
      $360,000
      6,480 SF

      205 Mdws Dr

      OFFICE BUILDING • 6,480 SF
      205 Mdws Dr, Grayling, MI 49738-2014
      View Details
    • Value Estimation
      $500,000
      6,526 SF

      1680 Hartwick Pnes Rd

      OFFICE BUILDING • 6,526 SF
      1680 Hartwick Pnes Rd, Grayling, MI 49738-9237
      View Details
    • Value Estimation
      $300,000
      5,280 SF

      5799 M 72nd Hwy

      OFFICE BUILDING • 5,280 SF
      5799 M 72nd Hwy, Grayling, MI 49738-8017
      View Details
    • Value Estimation
      $380,000
      3,200 SF

      5728 M 72nd Hwy

      OFFICE BUILDING • 3,200 SF
      5728 M 72nd Hwy, Grayling, MI 49738-7461
      View Details
    • Value Estimation by Request
      816 SF

      1305 I 75th Business Loop

      OFFICE BUILDING • 816 SF
      1305 I 75th Business Loop, Grayling, MI 49738-2032
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      6,657 SF

      Grayling Retail Center Opportunity

      Prime Grayling retail space, multiple units available.
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    • $4 SF/Yr
      46,820 SF

      Grayling Industrial Building Near I-75

      High-quality industrial building near I-75 in Grayling, Michigan.
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    • $5 SF/Yr
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      Grayling Industrial Property For Lease

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    204 Ionia St
    Grayling, MI 49738-1739
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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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