Commercial

Lake City, MI Commercial Land for Sale

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Cleared Airpark Lot with Road Frontage
Updated: Mar 14
Cleared Airpark Lot with Road Frontage

Taxiway Foxtrot lot: 102, Lake City, MI 49651

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0.48 AC lot
Cleared 0.48‑acre Lot 102 at Home Acres Sky Ranch Airpark
Direct frontage on paved Beeler Road for convenient year‑round access
Build‑ready lot with rear taxiway access to the private grass runway
Lot provides aircraft move‑in access from your future hangar or home to the runway
Located only a few miles from Lake City, MI
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High-Traffic Corner Commercial Land
Updated: Dec 21, 2025
High-Traffic Corner Commercial Land

Lake City, MI 49651

$450,000
0.72 AC lot
High‑traffic corner location at the intersection of M‑66 and M‑55.
Premium visibility and accessibility with frontage on three streets.
Level, cleared topography suitable for seamless development.
City services readily available.
Located across from McDonald's and a busy gas station.
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Corner Lot Development Opportunity
Corner Lot Development Opportunity

Lake City, MI 49651

$450,000
0.72 AC lot

High-visibility corner lot ideal for development in Lake City.

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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 74 Potential Opportunities for your consideration. Besides 3 Active listings in Lake City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Commercial Land with River Frontage
Commercial Land with River Frontage

E 34 ROAD, Cadillac, MI 49601

$599,900

Large commercial land tract with highway access and river frontage.

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Commercial Land with Highway Access
Commercial Land with Highway Access

E 34 Road, Cadillac, MI 49601

$599,900
240.00 AC lot

Large tract with river frontage, US-131 exposure, and multiple current zoning and master-plan designations.

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High-Visibility Commercial Land in McBain
High-Visibility Commercial Land in McBain

Mc Bain, MI 49657

$229,900
25,884 sqft

0.6-acre commercial land with high visibility and accessibility.

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High-Visibility Commercial Land in McBain
High-Visibility Commercial Land in McBain

Mc Bain, MI 49657

Contact for pricing
25,884 sqft 0.60 AC lot

Prime commercial land with high visibility and development potential.

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Off-Market Properties in Lake City, MI

Consider similar Off-Market properties in Lake City, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Main St
VACANT COMMERCIAL LAND

Main St, Lake City, MI 49651

$230,000
Estimated value
0.02 AC lot
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M-66
VACANT COMMERCIAL LAND

M-66, Lake City, MI 49651

$240,000
Estimated value
3.23 AC lot
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Watergate Rd
VACANT COMMERCIAL LAND

Watergate Rd, Lake City, MI 49651

$240,000
Estimated value
1.09 AC lot
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116 Frnt Front
VACANT COMMERCIAL LAND

116 Frnt Front, Lake City, MI 49651-8591

$235,000
Estimated value
0.12 AC lot
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Main St
VACANT COMMERCIAL LAND

Main St, Lake City, MI 49651

Value Estimation by Request
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Watergate Rd
VACANT COMMERCIAL LAND

Watergate Rd, Lake City, MI 49651

$235,000
Estimated value
7.14 AC lot
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134 Vander Meulen Rd
VACANT COMMERCIAL LAND

134 Vander Meulen Rd, Lake City, MI 49651-8834

Value Estimation by Request
0.69 AC lot
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Russell St
VACANT COMMERCIAL LAND

Russell St, Lake City, MI 49651

Value Estimation by Request
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1670 Morey Rd
VACANT COMMERCIAL LAND

1670 Morey Rd, Lake City, MI 49651-9066

$265,000
Estimated value
2.65 AC lot
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Morey Rd
VACANT COMMERCIAL LAND

Morey Rd, Lake City, MI 49651

$260,000
Estimated value
51.51 AC lot
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Morey Rd
VACANT COMMERCIAL LAND

Morey Rd, Lake City, MI 49651

Value Estimation by Request
0.60 AC lot
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50 Morey Rd
VACANT COMMERCIAL LAND

50 Morey Rd, Lake City, MI 49651-8585

$265,000
Estimated value
0.44 AC lot
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1909 Morey Rd
VACANT COMMERCIAL LAND

1909 Morey Rd, Lake City, MI 49651-8651

Value Estimation by Request
0.91 AC lot
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3922 Morey Rd
VACANT COMMERCIAL LAND

3922 Morey Rd, Lake City, MI 49651-8658

$255,000
Estimated value
1.14 AC lot
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Morey Rd
VACANT COMMERCIAL LAND

Morey Rd, Lake City, MI 49651

$240,000
Estimated value
6.38 AC lot
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Morey Rd
VACANT COMMERCIAL LAND

Morey Rd, Lake City, MI 49651

$260,000
Estimated value
1.19 AC lot
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Morey Rd
VACANT COMMERCIAL LAND

Morey Rd, Lake City, MI 49651

Value Estimation by Request
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Mitchell St
VACANT COMMERCIAL LAND

Mitchell St, Lake City, MI 49651

Value Estimation by Request
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Mitchell St
VACANT COMMERCIAL LAND

Mitchell St, Lake City, MI 49651

Value Estimation by Request
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Mitchell St
VACANT COMMERCIAL LAND

Mitchell St, Lake City, MI 49651

Value Estimation by Request
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Mitchell St
VACANT COMMERCIAL LAND

Mitchell St, Lake City, MI 49651

Value Estimation by Request
View details

Lake City, MI Commercial Land Market Trends and Statistics

Explore 70 commercial land for sale in Lake City, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 83,635 square feet of properties for sale, with an estimated market value of $900,000.

Sale prices for commercial lots in Lake City, MI average $450,000 — 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

Residential land & home lots 13
Hunting land 10
Recreation land 10
Commercial land 5
Waterfront Land 3

Demographics Overview

Population 7,540
Population Growth (5Y) -4.4%
Median Household Income $61,524
College Educated 26.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49651 $225K

Taxes & Financing

Tax Rate (average for all types) 3.24%
Property Tax per SF $98.07 per SF
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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