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    8474 M-115 Cadillac, MI 49601

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    For Sale
    $525,000

    Prime commercial land with high visibility near US-131.

    Lot size:
    11.00 Acres

    Property Features for 8474 M-115

    General Information

    Lot size
    11.00 Acres
    Source: Elliman

    Listing Agent: David Coonrod

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

    Overview

    Commercial Land Parcel in Cadillac

    This commercial parcel, spanning just under 11 acres, is located in Cadillac, Michigan. The property offers high visibility from US-131 and is situated across from the Eldorado Golf Course. An adjacent 38-acre parcel is available, presenting a potential opportunity for multifamily development. This location is suitable for commercial ventures seeking a prominent site in a growing community.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Cadillac
    County
    Wexford
    State
    Michigan
    Longitude
    -85.5328
    Latitude
    44.2433

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    FAQs

    What type of property is this?
    Land - Prime commercial land with high visibility near US-131.
    Where is this land located?
    The property is located at 8474 M-115 Cadillac, MI.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - Excellent visibility from US-131.; - Prime commercial parcel of just under 11 acres.; - Conveniently located across from Eldorado Golf Course.
    (231) 642-6300
    Request Owner's contact information
    8474 M-115 Cadillac, MI 49601
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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
    8474 M-115 Cadillac, MI 49601
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