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Industrial Land with On-Site Railroad
For Sale
$250,000

Off Co Rd 480 & Old Co Rd 480, Negaunee, MI 49866

VACANT LAND, Negaunee, MI

Property SizeContact for details
Lot Size118.00 Acres
Days on Market115

Property Features for Off Co Rd 480 & Old Co Rd 480

General Information

Property type Land
Property subtype Other
Zoning description Industrial
Lot features Main Street, Rolling/ Hilly, Splits Available, Wooded, City Limits
Elementary school district Negaunee Public Schools
Middle school district Negaunee Public Schools
High school district Negaunee Public Schools
Subdivision Negaunee (52021)
Standard status Active
Lot size 118.00 Acres

Taxes and HOA fees

Tax Annual Amount 1925
Listing Agency: RE/MAX 1ST REALTY · RE/MAX International
Listed By: FRAN SEVEGNEY
Added: Jul 7 Changed: Oct 21 Last Checked: Oct 29 at 2:06AM
MLS# 50213987

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.

Rey
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Investment Insights

Based on property information with market context.

This 118-acre industrial land holding has industrial zoning, varied terrain, and county road frontage. A railroad line runs through the property, adding a distinct transportation feature to the site. The land is located off Co Rd 480 and Old Co Rd 480 in Negaunee, Michigan.

Key Highlights

  • 118 acres of industrial‑zoned land
  • A railroad line runs through the property
  • County road frontage; varied terrain across the site

Location Intelligence

Trade Area within ½ mile

Demographics for 49866, MI

8,259
Population
3,723
Households
2.2
Avg Household Size
41
Median Age
34%
College-Educated
96%
High-School Grad
201.3 sq mi
ZIP Area
41
Density / Sq Mi
$83,433
Median Household Income
$47,467
Median Earnings
$900
Median Rent
$191,700
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial land - County road frontage and varied terrain define the tract’s physical layout.
Where is this industrial land located?
The property is located at Off Co Rd 480 & Old Co Rd 480 Negaunee, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 118 acres of industrial‑zoned land; A railroad line runs through the property; County road frontage; varied terrain across the site
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