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    St. Ignace, MI 49781

    For Sale
    $370,000

    4.54 Acres, US-2 Frontage, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 4.54-acre commercial land parcel presents a unique investment opportunity in St. Ignace, Michigan. Strategically located on the north side of US-2, west of Pte LaBarbe Road, this property boasts significant frontage ideal for commercial development. The site is conveniently situated a couple of miles west of the bustling business loop connecting I-75 and the Mackinac Bridge, ensuring high visibility and accessibility. The property offers the advantage of being located in Moran Township, providing a lower tax base compared to the city while still benefiting from the availability of city water and electricity. This makes it an attractive option for businesses seeking a cost-effective yet well-serviced location. Mackinac County's prime location as the gateway to Michigan's Upper Peninsula, a renowned four-season destination, further enhances the property's appeal. The area offers easy access to Lake Michigan, St. Ignace schools, public lands, beaches, and campgrounds, providing a desirable environment for both businesses and employees. The property is divisible, allowing for flexibility in development plans to suit various business needs. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving and picturesque location. Don't miss this chance to capitalize on the potential of this prime real estate.

    Property Features for 0

    General Information

    Property type
    Land
    Lot Size
    197,762 SF

    HighLights

    • $370,000 asking price.
    • 4.54‑acre commercial land parcel.
    • Located in St. Ignace, MI, on W US‑2, near I‑75 and Mackinac Bridge.
    • Attractive tax base in Moran Township with city water and electric available.
    • Excellent location near Lake Michigan, schools, and recreational areas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    St. Ignace
    County
    Mackinac
    State
    Michigan
    Longitude
    -84.8906455
    Latitude
    45.9277829

    Nearby Comparable

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      St. Ignace Commercial Land - $192,900

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      Waterfront Land Near St. Ignace

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    Nearby Similar for Sale

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      St. Ignace Commercial Building

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    FAQs

    What type of property is this?
    Land - 4.54 Acres, US-2 Frontage, Development Ready
    Where is this land located?
    The property is located at St. Ignace, MI.
    What is the asking price?
    The asking price for this property is $370,000.
    What are key features of this property?
    This property features: $370,000 asking price.; 4.54-acre commercial land parcel.; Located in St. Ignace, MI, on W US-2, near I-75 and Mackinac Bridge.
    (906) 680-0051
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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
    St. Ignace, MI 49781
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