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    Property profile & analytics

    7217 Straits Hwy Cheboygan, MI 49721-9019

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-0966454
    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

    • Commercial real estate

    Property Details for 7217 Straits Hwy

    Property type
    Commercial real estate
    APN
    091-026-300-001-01
    APU
    9102630000101

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cheboygan
    County
    Cheboygan
    State
    Michigan
    Longitude
    -84.527
    Latitude
    45.5692

    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
    $0.00
    $0.00
    $0.00
    $225,400
    -
    $0.00
    $0.00
    $450,800

    Comparable in this City

    • Value Estimation by Request
      0.41 Acres

      303 Main St

      COMMERCIAL (GENERAL) • 0.41 Acres
      303 Main St, Cheboygan, MI 49721-1544
      View Details
    • Value Estimation by Request
      25.98 Acres

      2730 Orch Bch Rd

      COMMERCIAL (GENERAL) • 25.98 Acres
      2730 Orch Bch Rd, Cheboygan, MI 49721-9283
      View Details
    • Value Estimation by Request
      0.35 Acres

      807 State St

      COMMERCIAL (GENERAL) • 0.35 Acres
      807 State St, Cheboygan, MI 49721-2121
      View Details
    • Value Estimation by Request
      1.66 Acres

      14027 Stoney Pointe Rd

      COMMERCIAL (GENERAL) • 1.66 Acres
      14027 Stoney Pointe Rd, Cheboygan, MI 49721-8887
      View Details
    • Value Estimation by Request

      11283 Straits Hwy

      COMMERCIAL (GENERAL)
      11283 Straits Hwy, Cheboygan, MI 49721-9090
      View Details
    • Value Estimation by Request
      0.73 Acres

      10392 Straits Hwy

      COMMERCIAL (GENERAL) • 0.73 Acres
      10392 Straits Hwy, Cheboygan, MI 49721-8818
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $8 SF/Yr
      74,043 SF

      1109 State St

      Office Properties & Spaces • 74,043 SF
      1109 State St, Cheboygan, MI 49721
      View Details
    • New
      $2,500 /Mo
      20,480 SF

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      Unique property with commercial kitchen, classrooms, and large open space.
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    7217 Straits Hwy
    Cheboygan, MI 49721-9019
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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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