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    M-115 Thompsonville, MI 49683

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    For Sale
    $249,900

    16 acres near Crystal Mountain with development potential.

    Lot size:
    16.30 Acres

    Property Features for M-115

    General Information

    Lot size
    16.30 Acres
    Source: Elliman

    Listing Agent: Christine Stapleton

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

    Overview

    M-115 Wooded Development Opportunity

    This 16-acre wooded corner parcel is located on state highway M-115, across from the Crystal Mountain golf-ski-spa resort and next to the Thompsonville airport. It also fronts on S. Weldon Road, which leads north to King and South Pioneer roads and St. Ambrose Cellars. The property offers development potential with rezoning. Potential uses include retail, restaurant, brewery, distillery, hotel, motel, industrial, kennel, medical, professional, mini-golf, or an outdoor amusement park/tourist attraction. The property also presents an opportunity to build a getaway in the woods. A small low area on the property could accommodate a pond.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Thompsonville
    County
    Benzie
    State
    Michigan
    Longitude
    -85.9235
    Latitude
    44.5364

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    FAQs

    What type of property is this?
    Land - 16 acres near Crystal Mountain with development potential.
    Where is this land located?
    The property is located at M-115 Thompsonville, MI.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: - Prime location across from Crystal Mountain golf-ski-spa resort and next to the Thompsonville airport.; - High development potential with rezoning possibilities for various commercial ventures (Retail, Restaurant, Hotel, etc.).; - **16 wooded acres offering both development opportunities and potential for a private residence.**
    (231) 499-2698
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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
    M-115 Thompsonville, MI 49683
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