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    4732 S Straits Hwy Indian River, MI 49749

    For Sale
    $125,000

    COMMERCIAL - Indian River, MI

    Lot size:
    1.67 Acres
    Days on Market:
    32
    Last Refresh:
    Dec 12 at 3:06 am

    Property Features for 4732 S Straits Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    161-026-400-016-00
    Lot size
    1.67 Acres

    Coldwell Banker Schmidt Indian River

    Listing agent Billy Andrew (231) 238-9336

    Listing date Nov 11, 2025

    Copyright © 2025 Water Wonderland Board 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

    Commercial Land on Straits Highway

    This is a 1.67 acre vacant lot located directly on Straits Highway. The property is zoned for commercial use and offers potential for a variety of business ventures. The lot is mostly flat, providing an ideal foundation for new development. The property's proximity to downtown Indian River allows for easy access for daily commuters and vacationers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Indian River
    County
    Cheboygan
    State
    Michigan
    Longitude
    -84.629977
    Latitude
    45.393822

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    FAQs

    What type of property is this?
    Land - 1.67 acre commercial lot in Indian River, Michigan.
    Where is this land located?
    The property is located at 4732 S Straits Hwy Indian River, MI.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - 1. 5+ acre vacant lot on Straits Hwy; - Zoned for residential or commercial use; - Mostly flat lot ideal for new development
    (231) 238-9336
    Request Owner's contact information
    4732 S Straits Hwy Indian River, MI 49749
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    Indian River, MI 49749
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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
    4732 S Straits Hwy Indian River, MI 49749
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