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    Property profile & analytics

    Cheboygan, MI 49721

    • Commercial land
    • 0.90 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 28, 2021
    $50,000
    Location Intelligence
    Property ID
    US43-0955110
    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 land

    Property Details

    Lot size
    0.90 lot acres
    Property type
    Commercial land
    APN
    055-B51-002-001-00
    APU
    055B5100200100

    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
    -84.4835
    Latitude
    45.639

    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
    $348
    $0.00
    $0.00
    $18,800
    -
    $0.00
    $0.00
    $37,600

    Comparable in this City

    • Value Estimation by Request
      0.40 Acres

      969 Huron St

      VACANT COMMERCIAL LAND • 0.40 Acres
      969 Huron St, Cheboygan, MI 49721-1158
      View Details
    • Value Estimation by Request
      0.83 Acres

      13124 Inverness Trl Rd

      VACANT COMMERCIAL LAND • 0.83 Acres
      13124 Inverness Trl Rd, Cheboygan, MI 49721-9380
      View Details
    • Value Estimation by Request

      232 Main St

      VACANT COMMERCIAL LAND
      232 Main St, Cheboygan, MI 49721-1629
      View Details
    • Value Estimation by Request
      0.09 Acres

      108 State St

      VACANT COMMERCIAL LAND • 0.09 Acres
      108 State St, Cheboygan, MI 49721-1752
      View Details
    • Value Estimation by Request
      0.19 Acres

      Cheboygan, MI 49721

      VACANT COMMERCIAL LAND • 0.19 Acres
      Cheboygan, MI 49721
      View Details
    • Value Estimation by Request
      0.54 Acres

      Cheboygan, MI 49721

      VACANT COMMERCIAL LAND • 0.54 Acres
      Cheboygan, MI 49721
      View Details

    Similar Nearby for Sale

    • $275,000
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      Commercial Land in High Traffic Area

      Prime commercial land with utilities and high visibility location.
      10351 N Straits Hwy, Cheboygan, MI 49721
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    • $399,900

      Versatile Commercial Property on Straits Highway

      Commercial property with highway frontage and development potential on 12.8 acres.
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      High-visibility commercial land parcel suitable for various developments.
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    • $170,500
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      Cheboygan Land for Development

      1.26 AC R-M zoned land ideal for townhomes or apartments.
      V/L 1.26Ac Townline Rd, Cheboygan, MI 49721
      View Details
    • $264,895

      Cheboygan Land Ideal for Development

      1.70 AC R-M zoned land suitable for multifamily development.
      V/L 1.70Ac Townline Rd & Stempky St, Cheboygan, MI 49721
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    • $295,000
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      Commercially Zoned Land on Highway

      31.44 acres of commercially zoned land for sale.
      N Straits Hwy, Cheboygan, MI 49721
      View Details

    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

      Unique Downtown Cheboygan Property

      Unique property with commercial kitchen, classrooms, and large open space.
      610 S Cuyler St, Cheboygan, MI 49721
      View Details
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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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