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    Tbd Capa-Bran Ter Elk Rapids, MI 49629

    Sponsored
    For Sale
    $199,900

    Vacant Land Improved - Elk Rapids, MI

    Lot size:
    0.24 Acres
    Days on Market:
    252
    Last Refresh:
    Jan 8 at 2:06 pm

    Property Features for Tbd Capa-Bran Ter

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Site Condominium,Deed Restrictions
    Exterior features
    None, Development Property
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Expense value
    50
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    Exit Realty of Elk Rapids (231) 264-9833 [email protected]

    Listing agent Scott Moore (231) 264-9833

    Listing date May 2, 2025

    MLS# 1921967 Listing URL

    Copyright © 2026 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

    Elk Rapids Vacant Land Opportunity

    These vacant lots are located on the west side of Elk Rapids, Michigan, and are part of a new development. The property consists of nine oversized lots with underground electric, municipal water, and sewer services. The location is near the Art Park, with convenient access to beaches and restaurants by foot or bicycle. The property is within the Elk Rapids school district. The lot size is approximately 0.24 acres and is zoned for site condominium and deed restrictions.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Elk Rapids
    County
    Antrim
    State
    Michigan
    Longitude
    -85.41997704773
    Latitude
    44.890789307379

    Nearby Similar for Sale

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    • $1,398,000
      8,355 SF

      Elk Rapids Mixed-Use Investment

      Downtown gem, high occupancy, strong cash flow.
      201 River St, Elk Rapids, MI 49629
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    FAQs

    What type of property is this?
    Land - Vacant lots in Elk Rapids, close to beaches and restaurants.
    Where is this land located?
    The property is located at Tbd Capa-Bran Ter Elk Rapids, MI.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: - Oversized vacant lots in Elk Rapids' newest development.; - Underground electric and municipal water/sewer available.; - Close proximity to the Art Park.
    (231) 883-8977
    Request Owner's contact information
    Tbd Capa-Bran Ter Elk Rapids, MI 49629
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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
    Tbd Capa-Bran Ter Elk Rapids, MI 49629
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