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    E Us41/M28 Negaunee, MI 49866

    For Sale
    $299,000

    Vacant Land - Negaunee, MI

    Lot size:
    1.00 Acre
    Days on Market:
    60
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for E Us41/M28

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Mixed Use,Commercial,Industrial
    APN
    52-10-123-122-00
    Lot size
    1.00 Acre

    Building Details

    Architectural style
    Other

    Northern Michigan Land Brokers (906) 225-5263 [email protected]

    Listing agent BRIAN OLSON (906) 225-5263

    Listing date Oct 7, 2025

    MLS# 50129385 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

    High Exposure Vacant Land

    This vacant land is located on US Highway 41/28 between Marquette and Negaunee, Michigan. This route serves as the gateway to the Western U.P., including Houghton, Hancock, the Keweenaw, and Michigan Tech University. It is also the southern route for the Lake Superior Circle Tour. Traveling east and south, it is the most traveled route to Munising, Escanaba, and the Soo, where the M28 branch leads to the interstate highway. Situated one mile from the border of Marquette and in the center of business expansion and new store construction, this location offers maximum potential for business success. The lot is flat with sandy soil, making it easy to work with and build on. The property is part of a larger parcel and needs to be split. The property is a desirable high exposure site fronting the very highest volume of traffic in Michigan's Upper Peninsula. Land prices are appreciating, assuring this property will be an outstanding investment. The lot size is 1 acre.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Negaunee
    County
    Marquette
    State
    Michigan
    Longitude
    -87.514566051102
    Latitude
    46.535416908004

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    FAQs

    What type of property is this?
    Land - Desirable location with high traffic volume in Michigan's Upper Peninsula.
    Where is this land located?
    The property is located at E Us41/M28 Negaunee, MI.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Extremely high traffic exposure on US Highway 41/28.; - Located between Marquette and Negaunee, gateway to the Western U.P. and Michigan Tech University.; - Part of the Lake Superior Circle Tour route.
    (906) 225-5263
    Request Owner's contact information
    E Us41/M28 Negaunee, MI 49866
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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
    E Us41/M28 Negaunee, MI 49866
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