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

    302 Riv St Leland, MI 49654-5041

    • Commercial real estate
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-3873030
    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

    • The Riverside Inn / Lodge / Restaurant

    Property Details for 302 Riv St

    Lot size
    0.22 lot acres
    Property type
    Commercial real estate
    APN
    009-009-012-10
    APU
    900901210

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Leland
    County
    Leelanau
    State
    Michigan
    Longitude
    -85.7579
    Latitude
    45.0221
    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
    $15,767
    $0.00
    $0.00
    $519,200
    -
    $0.00
    $0.00
    $1,038,400

    Comparable in this City

    • Value Estimation by Request
      0.10 Acres

      204 Ave A A

      COMMERCIAL (GENERAL) • 0.10 Acres
      204 Ave A A, Leland, MI 49654
      View Details
    • Value Estimation by Request
      23.88 Acres

      377 Ter Ct

      COMMERCIAL (GENERAL) • 23.88 Acres
      377 Ter Ct, Leland, MI 49654
      View Details
    • Value Estimation by Request
      0.02 Acres

      106 Lk St

      COMMERCIAL (GENERAL) • 0.02 Acres
      106 Lk St, Leland, MI 49654-5010
      View Details
    • Value Estimation by Request
      0.33 Acres

      407 Main St

      COMMERCIAL (GENERAL) • 0.33 Acres
      407 Main St, Leland, MI 49654-5037
      View Details
    • Value Estimation by Request
      0.34 Acres

      303 Pearl St

      COMMERCIAL (GENERAL) • 0.34 Acres
      303 Pearl St, Leland, MI 49654-5103
      View Details
    • Value Estimation by Request
      0.19 Acres

      207 Riv St

      COMMERCIAL (GENERAL) • 0.19 Acres
      207 Riv St, Leland, MI 49654
      View Details

    Similar Nearby for Sale

    • $249,000
      6.04 Acres

      6-Acre Wooded Parcel Near Leland

      Secluded 6-acre wooded parcel near Leland, close to Lake Michigan.
      6 N Manitou Trl, Leland, MI 49654
      View Details
    • $5,600,000
      9,244 SF

      Iconic Leelanau County Hotel Opportunity

      Profitable hotel with lake views and private lake frontage.
      1757 N Manitou Trl, Leland, MI 49654
      View Details
    • $5,600,000
      9,244 SF

      Iconic Leelanau County Investment Opportunity

      Profitable hotel with lake views and private lake frontage.
      1757 N Manitou Trl, Leland, MI 49654
      View Details
    • $5,600,000
      9,244 SF

      Leland Lakefront Hotel Investment

      Iconic Leelanau County Hotel, 18 Units
      1757 Manitou Trl, Leland, MI 49654
      View Details
    • $650,000
      0.21 Acres

      Premium Corner Lot in Leland

      Desirable Leland location, level build-site, mature trees, close to amenities.
      E Juniper Trl, Leland, MI 49654
      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.
    302 Riv St
    Leland, MI 49654-5041
    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.