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

    9408 Straits Hwy Cheboygan, MI 49721

    • Commercial real estate
    • 8.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-2906341
    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 9408 Straits Hwy

    Lot size
    8.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 8-acre property in Cheboygan, Michigan, presents a unique investment opportunity. Boasting 533 feet of Cheboygan River frontage and additional US-27 road frontage, this land is zoned for commercial development and offers unparalleled access to the Inland Waterway. Municipal sewer is readily available. The property comprises two parcels and includes a recently renovated 3-bedroom, 2-bathroom home featuring high-end kitchen cabinets, granite countertops, updated appliances, new windows, roof, and siding. A 30' x 40' pole barn provides ample storage space, and a private dock is perfect for boating enthusiasts. Conveniently located near the US-27/M-33 junction, this property offers easy access to Cheboygan's amenities and a short boat ride to Mullett Lake. The combination of prime commercial zoning, extensive river frontage, existing residential improvements, and convenient location makes this an exceptional opportunity for developers and investors alike. The property's address is 9408 N Straits Hwy, Cheboygan, MI 49721. The asking price is $1,100,000.

    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
    -84.4801707
    Latitude
    45.595071

    Comparable in this City

    • New
      $169,900
      1,800 SF

      Commercial Building on Busy Highway

      Commercial building with apartment in prime location on busy highway.
      211 W State St, Cheboygan, MI 49721
      View Details
    • $275,000
      9.87 Acres

      Commercial Land in High Traffic Area

      Prime commercial land with utilities and high visibility location.
      10351 N Straits Hwy, Cheboygan, MI 49721
      View Details
    • $80,000
      0.24 Acres

      Land in Northern Michigan Area

      Land with views of marina and Lake Huron, Cheboygan, MI.
      1226 Lofgren Shore Dr, Cheboygan, MI 49721
      View Details
    • $399,900

      Versatile Commercial Property on Straits Highway

      Commercial property with highway frontage and development potential on 12.8 acres.
      9445 N Straits Hwy, Cheboygan, MI 49721
      View Details
    • $41,500
      3.00 Acres

      Wooded Land Near Cheboygan, MI

      Wooded building site near town, ideal for recreation or investment.
      4 Vfw Rd, Cheboygan, MI 49721
      View Details
    • $46,000
      5.00 Acres

      Cheboygan Land with Creek Frontage

      Five acre land parcel with Mud Creek waterfront access.
      N Black River Rd, Cheboygan, MI 49721
      View Details

    Similar Nearby for Sale

    • New
      $169,900
      1,800 SF

      Commercial Building on Busy Highway

      Commercial building with apartment in prime location on busy highway.
      211 W State St, Cheboygan, MI 49721
      View Details
    • $275,000
      9.87 Acres

      Commercial Land in High Traffic Area

      Prime commercial land with utilities and high visibility location.
      10351 N Straits Hwy, Cheboygan, MI 49721
      View Details
    • $80,000
      0.24 Acres

      Land in Northern Michigan Area

      Land with views of marina and Lake Huron, Cheboygan, MI.
      1226 Lofgren Shore Dr, Cheboygan, MI 49721
      View Details
    • $399,900

      Versatile Commercial Property on Straits Highway

      Commercial property with highway frontage and development potential on 12.8 acres.
      9445 N Straits Hwy, Cheboygan, MI 49721
      View Details
    • $41,500
      3.00 Acres

      Wooded Land Near Cheboygan, MI

      Wooded building site near town, ideal for recreation or investment.
      4 Vfw Rd, Cheboygan, MI 49721
      View Details
    • $46,000
      5.00 Acres

      Cheboygan Land with Creek Frontage

      Five acre land parcel with Mud Creek waterfront access.
      N Black River Rd, Cheboygan, MI 49721
      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.
    9408 Straits Hwy
    Cheboygan, MI 49721
    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.