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    TBD145 M38 Nisula, MI 49952

    For Sale
    $225,000

    Vacant Land - Nisula, MI

    Lot size:
    145.00 Acres
    Days on Market:
    32
    Last Refresh:
    Dec 5 at 7:06 pm

    Property Features for TBD145 M38

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial,Residential,Recreational
    APN
    008-331-003-10. 008-331-006-00
    Lot size
    145.00 Acres

    Building Details

    Architectural style
    Other

    NORTHERN MICHIGAN LAND BROKERS - H (906) 523-5575

    Listing agent KEVIN PATANA (906) 523-5575 License #6501413443

    Listing date Nov 4, 2025

    MLS# 50163710 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

    145 Acres on M-38

    This property features approximately 145 acres located in Laird Township, Houghton County, right on M-38, a Class A highway. The land includes a working sand pit on the south end, which played a role in the recent M-26 bridge reconstruction. There is expansion potential for future construction material needs. Adjacent to the pit is roughly 80 acres of wooded land filled with white oak, maple, birch, and pine, suitable for selective logging, hunting, or building a cabin, home, or RV retreat. For recreational opportunities, FH 16 is just a half mile east, offering direct connections to ATV and snowmobile trails. The property is also known for deer and small game hunting, with an established deer blind on the north end. Passable roads traverse the land. The zoning is Commercial, Residential, and Recreational. The seller will be retaining approximately 1.5 acres around the existing cell tower and its access road.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Nisula
    County
    Houghton
    State
    Michigan
    Longitude
    -88.921167126424
    Latitude
    46.767234278611

    FAQs

    What type of property is this?
    Land - 145 acres of land with sand pit and wooded area.
    Where is this land located?
    The property is located at TBD145 M38 Nisula, MI.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - 145 Acres of Land on M-38; - Working Sand Pit with Expansion Potential; - 80 Acres of Wooded Land (White Oak, Maple, Birch, Pine)
    (906) 523-5575
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    TBD145 M38 Nisula, MI 49952
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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

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    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
    TBD145 M38 Nisula, MI 49952
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