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    I-75 Business Loop Grayling, MI 49738

    Sponsored
    For Sale
    $484,000

    Prime I-75 frontage, buildable lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 0.7 acre commercial parcel, identified as Parcel 'B' on the I-75 Business Loop in Grayling, Michigan, presents a rare development opportunity. Located at the south end of the loop, this vacant lot boasts 242 feet of high-visibility frontage on the I-75 Business Loop and impressive depth of 330 feet. Its strategic position is between established businesses, Admiral/Marathon and Big Fireworks, ensuring high traffic exposure and excellent visibility for any future development. This is the last undeveloped commercial lot on Grayling's South Business Loop, making it a truly unique investment prospect. The property includes an existing service road connecting it to neighboring commercial properties, simplifying access and infrastructure integration. Detailed surveys and easement information are available upon request. The asking price for this prime commercial land is $484,000. The property is zoned for commercial use and is situated in Crawford County, Michigan, with a zip code of 49738. Its coordinates are 44.681811 latitude and -84.7176807 longitude. This is an unparalleled chance to secure a highly desirable commercial location with significant development potential.

    Property Features for I-75 Business Loop

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Grayling
    County
    Crawford
    State
    Michigan
    Longitude
    -84.7176807
    Latitude
    44.681811

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    FAQs

    What type of property is this?
    Land - Prime I-75 frontage, buildable lot.
    Where is this land located?
    The property is located at I-75 Business Loop Grayling, MI.
    What is the asking price?
    The asking price for this property is $484,000.
    Request Owner's contact information
    I-75 Business Loop Grayling, MI 49738
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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

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    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
    I-75 Business Loop Grayling, MI 49738
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