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    28.88 Acres Eastlake Rd Eastlake, MI 49660

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    For Sale
    $92,400

    28-acre commercial/industrial land parcel ready for development.

    Lot size:
    28.88 Acres

    Property Features for 28.88 Acres Eastlake Rd

    General Information

    Lot size
    28.88 Acres

    Source: Coldwell Banker ALM REALTY Agent Michael Cnudde

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

    Overview

    28 Acre Industrial Parcel

    This 28-acre industrial parcel is zoned commercial/industrial and is ready for development. It presents an opportunity for manufacturing, research and development, or a warehouse/distribution facility. City water, sewer, and utilities are available at the street. The property is located in a high-traffic area on M-55, just under 2 miles from US-31 and within five miles of the port of Manistee. Nearby are Meijer's, a casino, banks, and an airport.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Eastlake
    County
    Manistee
    State
    Michigan
    Longitude
    -86.1855
    Latitude
    44.1909

    Nearby Similar for Sale

    • New
      $399,000
      4,300 SF

      Eastlake Commercial Building with Licenses

      4,300 SF commercial building with multiple MLCC licenses.
      900 Caberfae Hwy, Eastlake, MI 49626
      View Details

    FAQs

    What type of property is this?
    Land - 28-acre commercial/industrial land parcel ready for development.
    Where is this land located?
    The property is located at 28.88 Acres Eastlake Rd Eastlake, MI.
    What is the asking price?
    The asking price for this property is $92,400.
    What are key features of this property?
    This property features: - High visibility location on M-55 in a high traffic area; - 28-acre industrial parcel ready for development; - Zoned commercial/industrial, suitable for manufacturing, research & development, or warehouse/distribution
    (231) 620-9108
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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
    28.88 Acres Eastlake Rd Eastlake, MI 49660
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