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    W Houghton Lake Dr Houghton Lake, MI 48629

    For Sale
    $159,000

    COMMERCIAL - Houghton Lake, MI

    Lot size:
    2.00 Acres
    Days on Market:
    126
    Last Refresh:
    Dec 7 at 8:06 pm

    Property Features for W Houghton Lake Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Village Mixed
    APN
    003-015-007-0100
    Lot size
    2.00 Acres

    Utilities

    Water source
    Well

    Coldwell Banker Schmidt REALTORS Houghton & Higgins Lakes (989) 366-5522

    Listing agent Ruth Anne Clemens (989) 429-3100

    Listing date Aug 4, 2025

    Copyright © 2025 Water Wonderland Board 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

    Commercial Land on Highway M-55

    This commercial land parcel, situated in Houghton Lake, MI, offers 2 acres of vacant land with frontage on Highway M-55. The property features 400 feet of frontage on M-55. The site includes back-to-back billboards that generate a total monthly income of $575.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Houghton Lake
    County
    Roscommon
    State
    Michigan
    Longitude
    -84.672208
    Latitude
    44.298924

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    FAQs

    What type of property is this?
    Commercial land - Two-acre commercial land with highway frontage and billboard income.
    Where is this commercial land located?
    The property is located at W Houghton Lake Dr Houghton Lake, MI.
    What is the asking price?
    The asking price for this property is $159,000.
    What are key features of this property?
    This property features: - Highway M-55 Frontage: Offers high visibility and accessibility.; - Income-Generating Billboards: Provides immediate monthly income of $575.; - Vacant Commercial Acreage: Presents a blank canvas for development.
    (989) 429-3100
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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.

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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.

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    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
    W Houghton Lake Dr Houghton Lake, MI 48629
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