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    8503 S Us-31 Hwy Alanson, MI 49706

    Under Contract
    For Sale
    $139,000

    COMMERCIAL - Alanson, MI

    Days on Market:
    11
    Last Refresh:
    Dec 8 at 5:06 pm

    Property Features for 8503 S Us-31 Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    commercial
    APN
    07-17-16-400-023

    Coldwell Banker Schmidt Indian River

    Listing agent Linda Sue Jakeway (231) 238-9336

    Listing date Nov 28, 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 Near Inland Waterway

    This commercial land parcel is located on a major throughway accessible from I-75 or US31 N, offering significant exposure. The property is situated close to the Inland Waterway, Petoskey, Harbor Springs, ski hills, snowmobile trails, and golf courses. This location presents opportunities for businesses catering to recreational repairs and storage. Adjacent to conservancy property that adjoins Crooked Lake, the site benefits from its proximity to natural amenities. The property is zoned for commercial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Alanson
    County
    Emmet
    State
    Michigan
    Longitude
    -84.797809
    Latitude
    45.427933

    Nearby Similar for Sale

    • $630,000
      2,065 SF

      Established Winery and Brewery Destination

      Northern Michigan winery and brewery on 2.5+ acres near Burt Lake.
      9090 M-68, Alanson, MI 49706
      View Details
    • $275,000

      Income Property Near Downtown Alanson

      Three buildings generating rental income, close to downtown Alanson.
      7060 S Us-31 Hwy, Alanson, MI 49706
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land with high exposure near recreational areas and Crooked Lake.
    Where is this commercial land located?
    The property is located at 8503 S Us-31 Hwy Alanson, MI.
    What is the asking price?
    The asking price for this property is $139,000.
    What are key features of this property?
    This property features: - High-exposure location on a major throughway from I-75 or US31 N.; - Close proximity to the Inland Waterway, Petoskey, and Harbor Springs.; - Opportunity to service clients with recreational repairs and storage.
    (231) 238-9336
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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
    8503 S Us-31 Hwy Alanson, MI 49706
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