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    Property profile & analytics

    517 8th St Traverse City, MI 49686-2628

    • Super regional malls
    • 820 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-2284986
    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

    • Edward Freund Jewelry / Jewelry Designer

    Property Details for 517 8th St

    Year built
    1886
    Lot size
    0.13 lot acres
    Property size
    820 SF
    Property type
    Super regional malls
    APN
    51-798-097-00
    APU
    5179809700

    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
    -85.6126
    Latitude
    44.7597
    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
    $3,223
    $0.00
    $0.00
    $82,400
    -
    $0.00
    $0.00
    $199,800

    Comparable in this City

    • Value Estimation by Request
      3,530 SF

      1116 8th St

      REGIONAL SHOPPING CENTER, MALL • 3,530 SF
      1116 8th St, Traverse City, MI 49686-2937
      View Details
    • Value Estimation by Request
      6,114 SF

      1197 Ws Airport Rd

      REGIONAL SHOPPING CENTER, MALL • 6,114 SF
      1197 Ws Airport Rd, Traverse City, MI 49686-4738
      View Details
    • Value Estimation by Request
      4,800 SF

      1299 Ws Airport Rd

      REGIONAL SHOPPING CENTER, MALL • 4,800 SF
      1299 Ws Airport Rd, Traverse City, MI 49686-4752
      View Details
    • Value Estimation by Request
      1,522 SF

      118 Munson Ave

      REGIONAL SHOPPING CENTER, MALL • 1,522 SF
      118 Munson Ave, Traverse City, MI 49686-3038
      View Details
    • Value Estimation by Request
      768 SF

      124 Munson Ave

      REGIONAL SHOPPING CENTER, MALL • 768 SF
      124 Munson Ave, Traverse City, MI 49686-3038
      View Details
    • Value Estimation by Request
      2,633 SF

      4630 Us Hwy 31st N

      REGIONAL SHOPPING CENTER, MALL • 2,633 SF
      4630 Us Hwy 31st N, Traverse City, MI 49686-3761
      View Details

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    Similar Nearby for Lease

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      Highly visible retail or restaurant space on US-31 Corridor.
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      View Details

    Property Visit Statistics

    • Visits by month
      5.1k
    • Visitors by month
      4.3k
    • Avg Time on site
      7 min
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    517 8th St
    Traverse City, MI 49686-2628
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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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