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    Property profile & analytics

    7550 Paradise Trl Carp Lake, MI 49718-9796

    • Commercial real estate
    • 6,211 SF
    • 1.29 lot acres
    OFF-MARKET
    Value Estimation
    $365,000
    Last Sale
    Aug 06, 2021
    Location Intelligence
    Property ID
    US43-2886543
    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

    • All Seasons Resort / Cottage Rental / Swimming Lake

    Property Details for 7550 Paradise Trl

    Year built
    1960
    Lot size
    1.29 lot acres
    Property size
    6,211 SF
    Zone code
    EC RR
    Property type
    Commercial real estate
    APN
    03-06-11-400-019
    APU
    30611400019

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Carp Lake
    County
    Emmet
    State
    Michigan
    Longitude
    -84.7604
    Latitude
    45.6968

    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
    0
    $0.00
    $15,600
    $191,000
    $206,600
    -
    $31,200
    $382,000
    $413,200

    Comparable in this City

    • Value Estimation by Request
      2,688 SF

      6337 Paradise Trl

      COMMERCIAL (GENERAL) • 2,688 SF
      6337 Paradise Trl, Carp Lake, MI 49718-9403
      View Details
    • Value Estimation
      $275,000
      1,408 SF

      6455 Paradise Trl

      COMMERCIAL (GENERAL) • 1,408 SF
      6455 Paradise Trl, Carp Lake, MI 49718-9400
      View Details
    • Value Estimation by Request
      5,500 SF

      9603 Service Rd

      COMMERCIAL (GENERAL) • 5,500 SF
      9603 Service Rd, Carp Lake, MI 49718
      View Details
    • Value Estimation by Request

      11631 Mackinaw Hwy

      COMMERCIAL (GENERAL)
      11631 Mackinaw Hwy, Carp Lake, MI 49718
      View Details
    • Value Estimation
      $335,000
      1,188 SF

      8468 Paradise Trl

      COMMERCIAL (GENERAL) • 1,188 SF
      8468 Paradise Trl, Carp Lake, MI 49718-9708
      View Details
    • Value Estimation by Request
      1,560 SF

      13489 Cecil Bay Rd

      COMMERCIAL (GENERAL) • 1,560 SF
      13489 Cecil Bay Rd, Carp Lake, MI 49718
      View Details

    Similar Nearby for Sale

    • $675,000

      Carp Lake Restaurant - $675K

      Turnkey Restaurant, Prime Location, Michigan
      6492 Paradise Trl, Carp Lake, MI 49718
      View Details
    • Contact for pricing
      0.85 Acres

      Land Near Carp Lake

      Residential land close to Carp River, Lake Michigan, and Paradise Lake.
      Tbd Elder, Carp Lake, MI 49718
      View Details
    • $75,000
      1.50 Acres

      Carp Lake Wooded Land

      1.5 acres of wooded land near Carp Lake, Michigan.
      7347 Paradise Trl, Carp Lake, MI 49718
      View Details
    • $149,900
      Pending

      42.85 Acres on Paradise Lake

      42.85-acre parcel with 50' on Carp Lake in Carp Lake.
      15488 Paradise Lake Rd, Carp Lake, MI 49718
      View Details
    • $170,000

      Land Backing to State Land

      Investment opportunity near lake and Mackinaw City.
      11215 Cecil Bay Rd, Carp Lake, MI 49718
      View Details
    • $339,000
      0.17 Acres

      Lake Michigan Frontage Opportunity

      180 feet of Lake Michigan frontage near Mackinaw City.
      4525 Straits View Dr, Carp Lake, MI 49718
      View Details
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    Carp Lake, MI 49718-9796
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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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