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    M-55 Wellston, MI 49689

    For Sale
    $320,000

    Vacant Lot/Land - Wellston, MI

    Lot size:
    75.00 Acres
    Days on Market:
    287
    Last Refresh:
    Dec 14 at 11:06 pm

    Property Features for M-55

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential,Forest/Recreational,Tillable
    Exterior features
    None, Countryside View
    Lot size
    75.00 Acres

    Utilities

    Water front features
    Creek, Pond, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    BHHS Michigan Real Estate (231) 632-5105 [email protected]

    Listing agent Rita Rathburn (231) 947-7777

    Listing date Mar 4, 2025

    MLS# 1930598 Listing URL

    Copyright © 2025 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wellston, MI Vacant Land

    This property features approximately 75 acres of land that could be split from a larger 150-acre parcel, and includes highway frontage. Petersen Creek runs through the middle of the property, which also contains 2 natural ponds towards the back. The land offers potential private home sites on wooded acreage and opportunities for hunting. Approximately three-quarters of the property consists of mostly mature mixed forest, while the remaining quarter is open and flat. The area is known for its abundance of game. The property is located approximately 1/2 mile east of the corner of M-55 and M-37 Highway, offering a convenient rural location between Cadillac and Manistee. Caberfae Ski Resort is located nearby. The area is also known as a great ORV area with long distant trails, many rivers and lakes. Possible future commercial use. The zoning is Residential, Forest/Recreational, and Tillable.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Wellston
    County
    Manistee
    State
    Michigan
    Longitude
    -85.787912055542
    Latitude
    44.225694599418

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    FAQs

    What type of property is this?
    Land - 75-acre vacant land with creek, ponds, and highway frontage.
    Where is this land located?
    The property is located at M-55 Wellston, MI.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: - 75 Acres with Highway Frontage and Potential for Splitting; - Petersen Creek and Two Natural Ponds; - Wooded Acreage with Private Home Sites
    (231) 947-7777
    Request Owner's contact information
    M-55 Wellston, MI 49689
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    Wellston, MI 49689
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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
    M-55 Wellston, MI 49689
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