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    Manistee Hwy Manistee, MI 49660

    Sponsored
    For Sale
    $94,900

    Prime commercial lot, build your business!

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional 0.6-acre lot presents a remarkable opportunity for commercial development in a high-traffic location in Manistee, Michigan. Situated on Manistee Highway, this property boasts unparalleled visibility, directly adjacent to Gilroy's Hardware and the new SOS office, and across from the Days Inn and Wendy's. This prime location ensures high foot traffic and excellent brand exposure, making it ideal for a wide range of commercial ventures. The expansive 0.6-acre parcel provides ample space for constructing a new building tailored to your specific business needs. The existing infrastructure and proximity to established businesses create a supportive and thriving commercial environment. This is a rare opportunity to establish a presence in a bustling area with significant potential for growth and return on investment. The property's strategic location offers easy access for customers and employees, enhancing convenience and accessibility. Don't miss this chance to secure a prominent location for your commercial enterprise in a vibrant and growing community. The asking price is $94,900. Act quickly, as opportunities like this are seldom available.

    Property Features for Manistee Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    26,136 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Manistee
    County
    Manistee
    State
    Michigan
    Longitude
    -86.31908
    Latitude
    44.23849

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    FAQs

    What type of property is this?
    Commercial real estate - Prime commercial lot, build your business!
    Where is this commercial real estate located?
    The property is located at Manistee Hwy Manistee, MI.
    What is the asking price?
    The asking price for this property is $94,900.
    (231) 723-3555
    Request Owner's contact information
    Manistee Hwy Manistee, MI 49660
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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
    Manistee Hwy Manistee, MI 49660
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