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    Glovers Lake Rd Bear Lake, MI 49614

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    For Sale
    $49,000

    Commercial land for sale, suitable for various business ventures.

    Lot size:
    3.61 Acres

    Property Features for Glovers Lake Rd

    General Information

    Lot size
    3.61 Acres
    Source: Moodyscre

    Listing Agent: Nena Bondarenko

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land Near Bear Lake

    This parcel of land is located east of US31 on Glovers Lake Road, on the north side, situated between the Villages of Bear Lake and Arcadia. Zoned for commercial use, it can also be used for residential purposes. Potential uses include PB Condos or a trade business requiring a convenient location for operations and product storage. The seller offers a build-to-suit option for commercial investment. Some restrictions apply to the property.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Bear Lake
    County
    Manistee
    State
    Michigan
    Longitude
    -86.155693
    Latitude
    44.493089

    Nearby Similar for Sale

    • $149,900
      1,200 SF

      Professional Building in Downtown Bear Lake

      Well-maintained office building with high visibility and flexible layout.
      7659 Lake St, Bear Lake, MI 49614
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land for sale, suitable for various business ventures.
    Where is this commercial land located?
    The property is located at Glovers Lake Rd Bear Lake, MI.
    What is the asking price?
    The asking price for this property is $49,000.
    What are key features of this property?
    This property features: - Zoned Commercial/Residential: Offers flexible usage options.; - Strategic Location: Situated between Bear Lake and Arcadia, providing access to both communities.; - Build-to-Suit Option: Seller offers custom construction for commercial investments.
    (517) 243-2822
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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
    Glovers Lake Rd Bear Lake, MI 49614
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