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    Property profile & analytics

    5940 Us Hwy 2nd 2 Manistique, MI 49854

    • Office buildings
    • 2,108 SF
    • 1.23 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-2954847
    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

    • Office buildings

    Property Details for 5940 Us Hwy 2nd 2

    Lot size
    1.23 lot acres
    Property size
    2,108 SF
    Property type
    Office buildings
    APN
    005-003-018-10
    APU
    500301810

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Manistique
    County
    Schoolcraft
    State
    Michigan
    Longitude
    -86.1766
    Latitude
    45.9694

    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
    2021
    $2,108
    $0.00
    $0.00
    $74,900
    -
    $0.00
    $0.00
    $149,800

    Comparable in this City

    • Value Estimation
      $215,000
      1,760 SF

      125 Walnut St

      OFFICE BUILDING • 1,760 SF
      125 Walnut St, Manistique, MI 49854-1467
      View Details
    • Value Estimation by Request
      2,400 SF

      210 Oak St

      OFFICE BUILDING • 2,400 SF
      210 Oak St, Manistique, MI 49854-1466
      View Details
    • Value Estimation by Request
      1,152 SF

      311 Oak St

      OFFICE BUILDING • 1,152 SF
      311 Oak St, Manistique, MI 49854-1409
      View Details
    • Value Estimation
      $245,000
      1,250 SF

      Deer St

      OFFICE BUILDING • 1,250 SF
      Deer St, Manistique, MI 49854
      View Details
    • Value Estimation
      $350,000
      1,200 SF

      Us Hwy 2nd 2

      OFFICE BUILDING • 1,200 SF
      Us Hwy 2nd 2, Manistique, MI 49854
      View Details
    • Value Estimation
      $205,000
      1,530 SF

      200 Pearl St

      OFFICE BUILDING • 1,530 SF
      200 Pearl St, Manistique, MI 49854-1422
      View Details

    Similar Nearby for Sale

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      Contemporary Office Building in Manistique

      Like-new office building near downtown Manistique and Lake Michigan.
      220 S Maple St, Manistique, MI 49854
      View Details
    • Contact for pricing
      0.20 Acres

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      Over an acre near Indian Lake, perfect for building.
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      Manistique Industrial Property - Huge Potential

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      Vacant land parcels near Lake Michigan in Manistique, Michigan.
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    Manistique, MI 49854
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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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