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    7683 Us2 Hwy Rapid River, MI 49878

    For Sale
    $49,900

    land - RAPID RIVER, MI

    Lot size:
    1.97 Acres
    Days on Market:
    115
    Last Refresh:
    Dec 14 at 11:06 am

    Property Features for 7683 Us2 Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    1.97 Acres

    Building Details

    Architectural style
    Other

    Coldwell Banker Schmidt Family Of Companies [email protected]

    Listing agent Wendy Holzenkamp (906) 786-5972

    Listing date Aug 22, 2025

    MLS# 50152107 Listing URL

    Copyright © 2025 Coldwell Banker Schmidt 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

    Land at Crossroads of UP

    This property is located at the crossroads of the UP and is zoned Commercial District 2. It benefits from a high volume of daily traffic. A survey was conducted in 2001, noting the placement of iron monuments. There is a possibility of a well being located on the property. The Rapid River wastewater system passes by the property. This location is suitable for a drive-thru restaurant, coffee shop, pasty shop, take-out food establishment, gift shop, or thrift store. The property offers an opportunity with significant traffic exposure. The lot size is 1.97 acres.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Rapid River
    County
    Delta
    State
    Michigan
    Longitude
    -86.975187
    Latitude
    45.925768

    Nearby Similar for Sale

    • $600,000
      1,500 SF

      Waterfront Golf Course Opportunity

      Turnkey golf course with waterfront acreage and development potential.
      8588 Ll Rd, Rapid River, MI 49878
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land with high traffic exposure in Rapid River, MI.
    Where is this commercial land located?
    The property is located at 7683 Us2 Hwy Rapid River, MI.
    What is the asking price?
    The asking price for this property is $49,900.
    What are key features of this property?
    This property features: - High-traffic location at the 'Cross Roads of the UP'.; - Zoned Commercial District 2.; - Suitable for drive-thru restaurant, coffee shop, or retail.
    (906) 786-5972
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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
    7683 Us2 Hwy Rapid River, MI 49878
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