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    Property profile & analytics

    Petoskey, MI 49770

    • Commercial land
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 24, 2025
    $154,500
    Location Intelligence
    Property ID
    US43-4044137
    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

    Zone code
    EC B-2
    Property type
    Commercial land
    APN
    01-16-26-226-021
    APU
    11626226021

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Petoskey
    County
    Emmet
    State
    Michigan
    Longitude
    -84.875
    Latitude
    45.4045

    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
    $52,000
    $0.00
    $52,000
    -
    $104,000
    $0.00
    $104,000

    Comparable in this City

    • Value Estimation by Request
      6.56 Acres

      2000 Us Hwy 31

      VACANT COMMERCIAL LAND • 6.56 Acres
      2000 Us Hwy 31, Petoskey, MI 49770-9321
      View Details
    • Value Estimation by Request
      1.44 Acres

      Petoskey, MI 49770

      VACANT COMMERCIAL LAND • 1.44 Acres
      Petoskey, MI 49770
      View Details
    • Value Estimation by Request
      0.72 Acres

      Petoskey, MI 49770

      VACANT COMMERCIAL LAND • 0.72 Acres
      Petoskey, MI 49770
      View Details
    • Value Estimation by Request

      Petoskey, MI 49770

      VACANT COMMERCIAL LAND
      Petoskey, MI 49770
      View Details
    • Value Estimation by Request

      Petoskey, MI 49770

      VACANT COMMERCIAL LAND
      Petoskey, MI 49770
      View Details
    • Value Estimation by Request
      0.50 Acres

      2739 Kegomic Rd

      VACANT COMMERCIAL LAND • 0.50 Acres
      2739 Kegomic Rd, Petoskey, MI 49770
      View Details

    Similar Nearby for Sale

    • $2,100,000
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      Prime Commercial Land with Building

      3.6-acre parcel with 5,120 sq ft building in Petoskey.
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      Development site with panoramic bay views, suitable for mixed-use projects.
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      Residential Land in Petoskey, MI

      Residential land for sale in a serene Northern Michigan location.
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      Exclusive Wooded Building Site

      1.23 acre parcel for custom home in Petoskey, MI
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      Residential Land in Chapel Hill

      1.31 acre building site in a desirable Petoskey location.
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    Similar Nearby for Lease

    • Contact for pricing
      3,819 SF

      Established Shopping Center for Lease

      174,870 SF shopping center with redevelopment opportunities.
      1305-1309 Spring St, Petoskey, MI 49770
      View Details
    • Contact for pricing
      174,870 SF

      Petoskey Retail Center Investment

      Prime Retail Space, Multiple Units Available
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      View Details
    • New
      $3,295 /Mo
      1,979 SF

      Prime Retail Space in Petoskey

      Exceptional retail space in Petoskey's Gaslight District for lease.
      321 E Lake St, Petoskey, MI 49770
      View Details
    • $6,000 /Mo
      4,189 SF

      Historic Downtown Landmark For Lease

      Rare opportunity in a historic building undergoing restoration in downtown.
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    • $450 /Mo
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      Petoskey Office Space For Rent

      Light and bright Petoskey office building, perfect for various professionals.
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    • $16 SF/Yr
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      Petoskey Retail or Office Space

      2,590 sq ft retail/office space in Petoskey, Michigan.
      2160 Anderson Rd, Petoskey, MI 49770
      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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