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    Petoskey, MI
    Agricultural

    Petoskey, MI Agricultural Land / Farmland for Sale

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    Lakefront Development Land Opportunity
    Updated: Jul 2, 2024
    Lakefront Development Land Opportunity

    4281 Pickeral Lake Road, Petoskey, MI 49770

    $568,000
    55.42 AC lot
    55 acres formed by combining three parcels just outside of Petoskey on the northeast side
    Over 1,500 ft of frontage on Pickeral Lake Rd
    All three parcels are zoned Residential, Farm and Forest
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Petoskey, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Agricultural Land Parcel for Development
    Agricultural Land Parcel for Development

    530 Five Lakes Road, Gaylord, MI 49735

    $1,000,000
    31.66 AC lot

    31.66-acre vacant parcel zoned agricultural, with access to the I-75 corridor and buyer-directed due diligence for future use.

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    Michigan Winery and Vineyard Property
    Michigan Winery and Vineyard Property

    6209 N Black River Road, Cheboygan, MI 49721

    Contact for pricing
    8.00 AC lot

    Includes a vineyard and winery production operation producing 8,000 to 10,000 gallons annually, plus an on-site home.

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    169+ Acre Land Parcel
    169+ Acre Land Parcel

    169 AC Morgan Rd, Gaylord, MI 49735

    $615,000
    169.00 AC lot

    Large parcel with barn near Gaylord, Michigan.

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    33 Acres in Cheboygan, MI
    33 Acres in Cheboygan, MI

    33 AC Moonlight Bay Road, Cheboygan, MI 49721

    $198,000
    33.00 AC lot

    33-acre property with river access, ideal for recreation.

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    Petoskey, MI Agricultural Land / Farmland Market Trends and Statistics

    Explore 1 agricultural land / farmland for sale in Petoskey, MI on our real estate platform. These investment opportunities span a total of 2,414,095 square feet of properties for sale, with an estimated market value of $568,000.

    Sale prices for farmlands in Petoskey, MI average $568,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 18K
    Population Growth (5Y) +4.9%
    Median Household Income $80,431
    College Educated 68.9%

    High-Yield Neighborhoods for Investment

    Identify Petoskey submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49770 $568K

    Taxes & Financing

    Tax Rate (average for all types) 2.30%
    Property Tax per SF $9.63 per SF
    Tax Rate vs County Average 1.82 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Emmet County

    New Delisted

    Total CRE Inventory on Market (SF)

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