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    Luna Pier, MI 48157

    Sponsored
    For Sale
    $2,550,000

    COMMERCIAL - Luna Pier, MI

    Lot size:
    8.00 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 9 at 3:06 am

    Property Features for

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    8.00 Acres

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Water source
    Public
    Water front
    1

    Real Broker, LLC (517) 200-3245

    Listing agent Matthew Miller (269) 267-7406

    Listing date Jan 7, 2026

    MLS# 26000634 Listing URL

    Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Erie Development Opportunity

    This is an approximately 8-acre property suitable for development, offering access to Lake Erie. The site was previously approved for 85 condominium units, suggesting potential for similar residential development. With road frontage and channel access to Lake Erie, the property also presents possibilities for mixed-use commercial development. Its location provides convenient access to I-75, Southeast Michigan, and Toledo, enhancing its appeal for various ventures.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Luna Pier
    County
    Monroe
    State
    Michigan
    Longitude
    -83.4375
    Latitude
    41.8152

    Nearby Similar for Sale

    • New
      $3,500,000
      2,318 SF

      Luna Pier Waterfront Commercial Property

      Waterfront commercial property with redevelopment potential on Lake Erie.
      10420 4 & 5, Luna Pier, MI 48157
      View Details

    FAQs

    What type of property is this?
    Commercial land - 8-acre commercial land with Lake Erie access for development.
    Where is this commercial land located?
    The property is located at Luna Pier, MI.
    What is the asking price?
    The asking price for this property is $2,550,000.
    What are key features of this property?
    This property features: - Rare opportunity for development with Lake Erie access.; - Approximately 8 acres of land.; - Previously approved for 85 condominium units.
    (269) 267-7406
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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
    Luna Pier, MI 48157
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