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    120 Johnson Rd Wakefield, MI 49968

    New
    Under Contract
    For Sale
    $47,900

    Vacant Land - Wakefield, MI

    Lot size:
    1.00 Acre
    Days on Market:
    5
    Last Refresh:
    Dec 6 at 9:06 pm

    Property Features for 120 Johnson Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    Residential
    APN
    53-15-000-250
    Exterior features
    Storage
    Lot size
    1.00 Acre

    Building Details

    Architectural style
    Other
    Additional Structures
    Storage

    FIRST WEBER, INC (906) 667-6366

    Listing agent TAMMY KAURANEN (906) 667-6366 License #6506047069

    Listing date Dec 2, 2025

    MLS# 50194247 Listing URL

    Copyright © 2025 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wakefield Acre with Outbuildings

    Located just outside of Wakefield, Michigan, this one-acre residential lot features three outbuildings and additional sheds toward the rear of the property. A 14x40 shed is equipped with electricity and a water line. The property offers a location close to town with a country feel, and is situated not far from the Porcupine Mountains and several ski hills, with trails also nearby. Additional structures include a 12x30 shed with a shop area and a 24x24 pole shed. The property is zoned for residential use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wakefield
    County
    Gogebic
    State
    Michigan
    Longitude
    -89.917766492065
    Latitude
    46.498

    Nearby Similar for Sale

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    • $229,500
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      Turnkey Restaurant on US-2

      Wakefield eatery, high traffic location
      309 Us2, Wakefield, MI 49968
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    FAQs

    What type of property is this?
    Land - One-acre lot near town with multiple outbuildings and utilities.
    Where is this land located?
    The property is located at 120 Johnson Rd Wakefield, MI.
    What is the asking price?
    The asking price for this property is $47,900.
    What are key features of this property?
    This property features: - One acre lot offers a country feel, yet is conveniently close to town.; - 14x40 shed equipped with electric and water line.; - Discover three outbuildings plus additional sheds.
    (906) 667-6366
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    Wakefield, MI 49968
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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
    120 Johnson Rd Wakefield, MI 49968
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