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    W Watergate Rd Lake City, MI 49651

    Sponsored
    For Sale
    $99,900

    None - Lake City, MI

    Lot size:
    7.50 Acres
    Days on Market:
    19
    Last Refresh:
    Jan 6 at 1:06 pm

    Property Features for W Watergate Rd

    General Information

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

    Building Details

    Roof type
    None
    Architectural style
    Other

    City2Shore Real Estate Northern Michigan (231) 839-0077 [email protected]

    Listing agent Bruce Wiltzer (231) 839-0077

    Listing date Dec 19, 2025

    MLS# 1941222 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

    Commercial Land in Prime Location

    This 7.5-acre commercial property is located on a main thoroughfare between Cadillac and Lake City, Michigan, providing access to both towns. The site offers the opportunity to build a business in an area with consistent traffic, ensuring visibility. The property is zoned for commercial use and is located in Missaukee County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Lake City
    County
    Missaukee
    State
    Michigan
    Longitude
    -85.312015519714
    Latitude
    44.257370713694

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    FAQs

    What type of property is this?
    Commercial land - 7.5-acre commercial property on a main thoroughfare.
    Where is this commercial land located?
    The property is located at W Watergate Rd Lake City, MI.
    What is the asking price?
    The asking price for this property is $99,900.
    What are key features of this property?
    This property features: - 7.5-acre commercial property; - Prime location on a main thoroughfare offering high visibility to the public; - Easy access to Cadillac and Lake City
    (231) 590-6160
    Request Owner's contact information
    W Watergate Rd Lake City, MI 49651
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    Lake City, MI 49651
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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
    W Watergate Rd Lake City, MI 49651
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