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    00 Ashmun Sault Ste. Marie, MI 49783

    Sponsored
    For Sale
    $950,000

    15.66 Acres, High-Traffic Location, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 15.66-acre vacant commercial land parcel presents a prime development opportunity in Sault Ste. Marie, Michigan. Strategically located at the busy intersection of Ashmun and E 3 Mile Road, this property boasts approximately 1820 feet of road frontage, ensuring high visibility and accessibility. Its prominent position across the street from Fernelius Hyundai guarantees significant traffic exposure, making it ideal for a variety of commercial ventures. The expansive lot size allows for the development of a substantial commercial project, such as a shopping center, dealership, or a complex of service providers. The property's location within Chippewa County, Michigan, and its zip code of 49783, offers easy access to local amenities and transportation routes. This is a rare chance to acquire a large, highly visible commercial lot in a thriving area, ready for immediate development. The asking price for this exceptional property is $950,000. Don't miss this opportunity to establish your commercial presence in a prime location. Detailed site plans and further information are available upon request.

    Property Features for 00 Ashmun

    General Information

    Property type
    Land
    Lot Size
    682,150 SF

    HighLights

    • $950,000 asking price.
    • 15.66‑acre vacant commercial land parcel.
    • Located in Sault Ste. Marie, MI, at the high‑traffic intersection of Ashmun and E 3 Mile Rd, across from Fernelius Hyundai.
    • High visibility with 1820 feet of road frontage.
    • Ideal for a variety of commercial uses, including retail, automotive, or service businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sault Ste. Marie
    County
    Chippewa
    State
    Michigan
    Longitude
    -84.3537037
    Latitude
    46.4826852

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    FAQs

    What type of property is this?
    Land - 15.66 Acres, High-Traffic Location, Development Ready
    Where is this land located?
    The property is located at 00 Ashmun Sault Ste. Marie, MI.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: $950,000 asking price.; 15.66-acre vacant commercial land parcel.; Located in Sault Ste. Marie, MI, at the high-traffic intersection of Ashmun and E 3 Mile Rd, across from Fernelius Hyundai.
    Request Owner's contact information
    00 Ashmun Sault Ste. Marie, MI 49783
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    Sault Ste. Marie, MI 49783
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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
    00 Ashmun Sault Ste. Marie, MI 49783
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