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Waterfront Land Parcel For Sale
For Sale
$1,500,000

21207 ROYCE Road, Hancock, MI 49930

LAND - Hancock, MI

Property SizeContact for details
Lot Size7.88 Acres
Days on Market104

Property Features for 21207 ROYCE Road

General Information

Property type Land
Property subtype Other
Zoning description None (Zoning)
Lot features Main Street, Deep Lot - 150+ Ft., Large Lot - 65+ Ft., Partially Wooded
Elementary school district Hancock Public Schools
Middle school district Hancock Public Schools
High school district Hancock Public Schools
Subdivision Franklin Twp (31011)
Standard status Active
Lot size 7.88 Acres

Taxes and HOA fees

Tax Annual Amount 1468

Utilities

Water source Public
Water front 1
Listing Agency: STATE WIDE OF HOUGHTON
Listed By: DICK WALRATH · License #6502131425
Added: May 22 Changed: Jun 4 Last Checked: Sep 2 at 4:06AM
MLS# 50208691

Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 7.88-acre land parcel offers waterfront access to Portage Lake. The property features views to the east, south, and west, and includes over 600 feet of waterfront. Located close to the Portage Lift Bridge, the site is suitable for development. A cell tower is located on the parcel, with the tower lease generating an income of $1,224.30 per month for the owner.

Key Highlights

  • 7.88 acre parcel with over 600' of Portage Lake waterfront access.
  • Prime waterfront location** close to the Portage Lift Bridge, ideal for development.
  • Cell tower lease provides immediate income of $1,224.30 per month.

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

181
Businesses Nearby

Demographics for 49930, MI

7,135
Population
3,366
Households
2.1
Avg Household Size
36
Median Age
44%
College-Educated
96%
High-School Grad
49.5 sq mi
ZIP Area
144
Density / Sq Mi
$67,946
Median Household Income
$31,847
Median Earnings
$749
Median Rent
$211,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Waterfront Land - 7.88 acre waterfront land parcel with development potential.
Where is this waterfront land located?
The property is located at 21207 ROYCE Road Hancock, MI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 7.88 acre parcel with **over 600' of Portage Lake waterfront access.**; Prime waterfront location** close to the Portage Lift Bridge, ideal for development.; Cell tower lease provides immediate income of $1,224.30 per month.
More about this property
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