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    Property profile & analytics

    Wellston, MI 49689

    • Industrial properties
    • 69.58 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-3301128
    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

    • Industrial properties

    Property Details

    Lot size
    69.58 lot acres
    Property type
    Industrial properties
    APN
    05-031-225-01
    APU
    503122501

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wellston
    County
    Manistee
    State
    Michigan
    Longitude
    -85.9352
    Latitude
    44.262

    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
    $2,387
    $0.00
    $0.00
    $85,800
    -
    $0.00
    $0.00
    $171,600

    Comparable in this City

    • Value Estimation by Request
      18,000 SF

      7892 M-37

      Industrial properties • 18,000 SF
      7892 M-37, Wellston, MI 49689
      View Details
    • Value Estimation by Request
      14.09 Acres

      Wellston, MI 49689

      INDUSTRIAL (GENERAL) • 14.09 Acres
      Wellston, MI 49689
      View Details
    • Value Estimation by Request
      381.44 Acres

      1325 Tippy Dm Rd

      INDUSTRIAL (GENERAL) • 381.44 Acres
      1325 Tippy Dm Rd, Wellston, MI 49689-9578
      View Details
    • Value Estimation by Request
      12.00 Acres

      Wellston, MI 49689

      INDUSTRIAL - VACANT LAND • 12.00 Acres
      Wellston, MI 49689
      View Details
    • Value Estimation by Request
      92.25 Acres

      17114 6th St

      COMMERCIAL (GENERAL) • 92.25 Acres
      17114 6th St, Wellston, MI 49689-9802
      View Details
    • Value Estimation by Request
      10.34 Acres

      16992 Caberfae Hwy

      COMMERCIAL (GENERAL) • 10.34 Acres
      16992 Caberfae Hwy, Wellston, MI 49689-9311
      View Details

    Similar Nearby for Sale

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      Unique Lodge in Manistee Forest

      Unique retreat in Manistee National Forest, sleeps up to 22.
      1306 N Tippy Dam Rd, Wellston, MI 49689
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    • $320,000
      75.00 Acres

      Wellston Land with Highway Frontage

      75-acre vacant land with creek, ponds, and highway frontage.
      M-55, Wellston, MI 49689
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    • $60,000
      8.71 Acres

      Land in Norman Township, MI

      8.71 acres near Manistee National Forest and Tippy Dam.
      259 S Baker Rd, Wellston, MI 49689
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    • $375,000
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      Wellston Retail Opportunity on Highway

      Retail property on high-traffic highway with expansion potential.
      17275 Caberfae Hwy, Wellston, MI 49689
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    • $550,000
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      Turnkey Bar & Grill Opportunity

      Rebuilt bar and grill in the heart of Northern Michigan.
      19327 Caberfae Hwy, Wellston, MI 49689
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    • Contact for pricing
      1.36 Acres

      Land Near Cranberry Lake

      Land with potential for seclusion and recreation near Cranberry Lake.
      Cranberry St, Wellston, MI 49689
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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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