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Lakefront Development Land Opportunity
For Sale
$568,000

4281 Pickeral Lake Road, Petoskey, MI 49770

COMMERCIAL - Petoskey, MI

Property SizeContact for details
Lot Size55.42 Acres
Days on Market779

Property Features for 4281 Pickeral Lake Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Residential, Agricultural, Forest/Recreational
Directions North side of Pickeral Lake Rd between N US 31 and Bellmer Rd
Subdivision Emmet
Standard status Active
Lot size 55.42 Acres

Taxes and HOA fees

Tax Description Lengthy see documents.
Legal Description Lengthy see documents.
Listing Agency: Three West, LLC
Listed By: Kevin Endres · License #6502377374
Added: Jul 2, 2024 Changed: Aug 4 Last Checked: Aug 19 at 11:06AM
MLS# 1924291

Copyright © 2026 Northern Great Lakes Realtors MLS. 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 offering combines three parcels into a 55.42-acre development or single-use tract. The property fronts Pickeral Lake Road with more than 1,500 feet of frontage on Picketal Lake. The land is described as being zoned Residential as well as Farm and Forest.

Located just outside Petoskey on the northeast side, the site benefits from the long road frontage along Pickeral Lake Road. The combined acreage and waterfront exposure support a range of planning approaches under the existing zoning classifications noted in the remarks.

For prospective buyers, this land is best suited for uses that align with Residential zoning and the Farm and Forest zoning designation. Whether pursuing a larger development concept or holding the property for a single end use, the site’s substantial frontage and lake adjacency are central considerations. Prospective buyers should verify development requirements and allowable uses with Emmet County and local authorities given the property’s mixed residential and farm/forest zoning.

Key Highlights

  • 55 acres formed by combining three parcels just outside of Petoskey on the northeast side
  • Over 1,500 ft of frontage on Pickeral Lake Rd
  • All three parcels are zoned Residential, Farm and Forest

Property Analytics

Current Use

Commercial land

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

Demographics for 49770, MI

17,643
Population
10,244
Households
1.7
Avg Household Size
44
Median Age
47%
College-Educated
97%
High-School Grad
109.4 sq mi
ZIP Area
161
Density / Sq Mi
$80,431
Median Household Income
$42,154
Median Earnings
$1,077
Median Rent
$309,900
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?
Commercial land - Combined 55-acre site with extensive lake-road frontage, suited to residential and farm/forest zoning considerations.
Where is this commercial land located?
The property is located at 4281 Pickeral Lake Road Petoskey, MI.
What is the asking price?
The asking price for this property is $568,000.
What are key features of this property?
This property features: 55 acres formed by combining three parcels just outside of Petoskey on the northeast side; Over 1,500 ft of frontage on Pickeral Lake Rd; All three parcels are zoned Residential, Farm and Forest
More about this property
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