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    4205 Us-41 Marquette, MI 49855

    Sponsored
    For Sale
    $395,000

    US-41 Frontage, Lake Views, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 395,000 USD commercial land parcel, identified by APN 52-51-019-024-10, presents a unique investment opportunity in Marquette, Michigan. Situated at 4205 US Highway 41, the property boasts a highly desirable hilltop location offering unparalleled visibility and exposure to the constant flow of traffic on this major thoroughfare. Enjoy breathtaking lake views, adding to the property's aesthetic appeal and potential for attracting clientele. The land is zoned for commercial use, providing flexibility for a wide range of business ventures. Its convenient location offers easy access to downtown Marquette, the largest city in Michigan's Upper Peninsula, ensuring proximity to a robust consumer base and essential amenities. A significant advantage is the property's adjacency to The Heritage Trail (trail 8), a year-round hiking and motorized trail spanning the entire Upper Peninsula, providing convenient access for both employees and customers. This prime location, combined with its stunning views and convenient access, makes this property an ideal choice for businesses seeking high visibility and a strategic location in a thriving Upper Peninsula community. The property is privately owned and offers ample space for development, allowing for expansion and growth. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a desirable area.

    Property Features for 4205 Us-41

    General Information

    Property type
    Land

    HighLights

    • 395,000 USD commercial land parcel in Marquette, MI, APN 52‑51‑019‑024‑10.
    • Highly visible hilltop location on US Highway 41 with exceptional traffic exposure.
    • Breathtaking lake views.
    • Commercially zoned for diverse business ventures.
    • Convenient access to downtown Marquette and a strong consumer base.
    • Adjacent to The Heritage Trail (trail 8).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Marquette
    County
    Marquette
    State
    Michigan
    Longitude
    -87.48693
    Latitude
    46.54095

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    FAQs

    What type of property is this?
    Land - US-41 Frontage, Lake Views, High Traffic
    Where is this land located?
    The property is located at 4205 Us-41 Marquette, MI.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: 395,000 USD commercial land parcel in Marquette, MI, APN 52-51-019-024-10.; Highly visible hilltop location on US Highway 41 with exceptional traffic exposure.; Breathtaking lake views.
    (906) 225-7653
    Request Owner's contact information
    4205 Us-41 Marquette, MI 49855
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    Marquette, MI 49855
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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
    4205 Us-41 Marquette, MI 49855
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