Commercial

Homer, MI Commercial Land for Sale

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Caspian, MI Gaastra, MI Crystal Falls, MI Long Lake, WI Amasa, MI Florence, WI Phelps, WI Watersmeet, MI
Commercial Lot with Road Access
Updated: May 28
Commercial Lot with Road Access

N Third Avenue, Iron River, MI 49935

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0.65 AC lot
0.65‑acre commercial parcel
Borders three city roads
Public water available; utilities are at the street
Located on N Third Avenue in Iron River, MI
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Commercial Land with Highway Frontage
Updated: Feb 2, 2021
Commercial Land with Highway Frontage

9.33ac W US2 Highway, Iron River, MI 49935

$99,000
9.33 AC lot
9.33 acres of vacant commercial land
760 feet of frontage on US Hwy 2
Public water source identified
Adjacent to a Chevrolet dealership
Potentially divisible parcel
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Homer, 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.

Vacant Commercial Land
Vacant Commercial Land

4301 Hwy 70, Eagle River, WI 54521

$419,000
209,088 sqft

Within the city of Eagle River, with public boat launches and natural trails minutes away.

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Land with Highway Frontage
Land with Highway Frontage

HWY 17 lot: 6, Phelps, WI 54554

$299,900
23.46 AC lot

All-Purpose zoning, wooded areas, high ground, and an established trail create a flexible setting for future improvements.

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High-Traffic Highway Commercial Land
High-Traffic Highway Commercial Land

1944 N Railroad St, Eagle River, WI 54521

$425,000
4.93 AC lot

Nearly 5-acre commercial parcel with US Highway 45 access and frontage, plus direct connection to a snowmobile trail.

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Commercial Land with Private Gravel-Road Access
Commercial Land with Private Gravel-Road Access

HUNTERS RIDGE RD lot: 6-8, Phelps, WI 54554

$649,900
46.84 AC lot

46.84-acre parcel package with All-Purpose zoning, private gravel-road access, and improved trail connectivity.

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Homer, MI Commercial Land Market Trends and Statistics

Explore 2 commercial land for sale in Homer, MI on our real estate platform. These investment opportunities span a total of 434,729 square feet of properties for sale, with an estimated market value of $99,000.

Sale prices for commercial lots in Homer, MI average $99,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 2
Residential land & home lots 2
Waterfront Land 1

Demographics Overview

Population 4,472
Population Growth (5Y) -6.5%
Median Household Income $59,460
College Educated 13.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49245 $169K

Taxes & Financing

Tax Rate (average for all types) 2.46%
Property Tax per SF $51.41 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Iron County

New Delisted

Total CRE Inventory on Market (SF)

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