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    Property profile & analytics

    Rapid River, MI 49878

    • Commercial land
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-3772005
    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

    • Isalis / Gift Shop / Boutique
    • Party City / Party Store / Balloon Store
    • Skunk Funk / Corporate Campus / Wholesaler
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

    Property Details for Rapid

    Property type
    Commercial land
    APN
    012-321-008-00
    APU
    1232100800

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    River
    County
    Delta
    State
    Michigan
    Longitude
    -86.9674
    Latitude
    45.9259
    CBSA code
    21540
    CBSA name
    ESCANABA, MI MICROPOLITAN STATISTICAL AREA

    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
    $27
    $0.00
    $0.00
    $900
    -
    $0.00
    $0.00
    $1,800

    Comparable in this City

    • Value Estimation by Request

      Rapid

      VACANT COMMERCIAL LAND
      Rapid, River, MI 49878
      View Details
    • Value Estimation by Request

      Rapid

      VACANT COMMERCIAL LAND
      Rapid, River, MI 49878
      View Details
    • Value Estimation by Request

      Rapid

      VACANT COMMERCIAL LAND
      Rapid, River, MI 49878
      View Details
    • Value Estimation by Request

      7836 Us Hwy 2nd 2

      VACANT COMMERCIAL LAND
      7836 Us Hwy 2nd 2, Rapid River, MI 49878-9141
      View Details
    • Value Estimation by Request

      Main St

      VACANT COMMERCIAL LAND
      Main St, Rapid River, MI 49878
      View Details
    • Value Estimation by Request
      0.42 Acres

      Juniper Aa Ln

      VACANT COMMERCIAL LAND • 0.42 Acres
      Juniper Aa Ln, Rapid River, MI 49878
      View Details

    Similar Nearby for Sale

    • $49,900
      1.97 Acres

      Vacant Land in Rapid River

      Commercial land with high traffic exposure in Rapid River, MI.
      7683 Us2, Rapid River, MI 49878
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      1.04 Acres

      Wooded Lot in Rapid River

      Large, wooded lot in a private, quiet, country setting.
      10490 Breezy R.22 Ln, Rapid River, MI 49878
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      1.01 Acres

      Wooded Lot in Rapid River

      Beautiful wooded lot in a private, quiet, country setting.
      10471 Breezy R.2 Ln, Rapid River, MI 49878
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    • $125,000
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      Stonington Peninsula Vacant Land

      5 acres in Stonington Peninsula, recreational and homestead opportunities.
      5 T Rd, Rapid River, MI 49878
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    • $53,000
      1.59 Acres

      Lake Michigan View Land Parcel

      1.59-acre vacant land with Lake Michigan views in Rapid River.
      Tbd Breezy R.22, Rapid River, MI 49878
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      1.13 Acres

      Wooded Lot in Private Setting

      Large wooded lot in Rapid River, ready for your dream home.
      10431 Breezy R.22 Ln, Rapid River, MI 49878
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    Rapid
    River, MI 49878
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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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