Property profile

57 S Hermies Pass Empire, MI 49630

FOR SALE
Residential land & home lots
Property ID
US43-Q012756
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Property summary

AI-generated overview

Nestled within a quiet wooded neighborhood off M-77 in Empire, this beautiful parcel offers a peaceful Northern Michigan setting where life naturally slows down. Surrounded by mature trees and a blend of wooded privacy and open space, the property feels calm, natural, and connected to the landscape from the moment you arrive. Sunlight filters through the trees, the setting is quiet and refreshing, and the atmosphere captures the relaxed character that makes this area so desirable. The neighborhood features tree-lined roads, large wooded parcels, and a peaceful setting that feels tucked away while still remaining close to everything Northern Michigan has to offer. Dunes Golf Course is nearby, and Sleeping Bear Dunes, Lake Michigan beaches, scenic hiking trails, and the charm of downtown Empire are all just minutes away. Traverse City is also an easy drive, offering convenient access to wineries, shopping, restaurants, and year-round entertainment before returning home to the quieter pace of the woods. The HOA maintains the private roads within the community, helping preserve the neighborhood’s well-kept feel and providing easy year-round access. Whether you’re looking to build a year-round residence or a Northern Michigan getaway, this property offers a setting that feels peaceful, connected, and easy to fall in love with. bikeScore: 14, Somewhat Bikeable walkScore: 0, Car-Dependent

Property profile

Verified
Property type Residential land & home lots
UPID US43-Q012756

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

57 S Hermies Pass Empire, MI 49630
Empire metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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