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    327 Us 41 Negaunee, MI 49866

    Sponsored
    For Sale
    $1,700,000

    Manufacturing property; prime highway location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property, situated just west of 327 US-41 E in Negaunee, Michigan, presents a unique investment opportunity. Boasting high visibility on a year-round Federal/State highway, this site benefits from an estimated 20,000 daily car pass-bys, ensuring maximum exposure for your business. Conveniently located between Marquette and Negaunee in Michigan's Upper Peninsula, this mixed-use industrial property offers significant potential. The seller demonstrates flexibility, willing to negotiate the frontage, boundary lines, and even the acreage to meet specific buyer needs. The property is classified as manufacturing and is listed at $1,700,000. The precise address is East of 327 US 41 E, Negaunee, MI 49866 (46.509917, -87.604947). This presents a rare chance to acquire a strategically positioned industrial site with high traffic visibility in a desirable Upper Peninsula location. The adaptable nature of the sale, allowing for negotiation on key aspects like acreage and boundaries, makes this an attractive proposition for businesses seeking a customized solution. Don't miss this opportunity to establish your presence in a high-traffic area with excellent accessibility.

    Property Features for 327 Us 41

    General Information

    Property type
    Manufacturing properties

    HighLights

    • $1,700,000 asking price.
    • Industrial/Mixed‑Use property in Negaunee, MI.
    • High visibility location on US‑41 with approximately 20,000 daily vehicle counts.
    • Conveniently located between Marquette and Negaunee in Michigan's Upper Peninsula.
    • Seller is willing to negotiate acreage and boundary lines.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Negaunee
    County
    Oakland
    State
    Michigan
    Longitude
    -87.604947
    Latitude
    46.509917

    Nearby Comparable

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    Nearby Similar for Sale

    • $1,250,000
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      Iconic restaurant and bar for sale in Negaunee, Michigan.
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      Vintage Duplex in Historic Negaunee

      Vintage duplex or single-family home near downtown Negaunee amenities.
      314 N Pioneer Ave, Negaunee, MI 49866
      View Details
    • New
      $149,900
      1,641 SF

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      338 Rail St, Negaunee, MI 49866
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      Negaunee Strip Mall Investment

      Modern strip mall with highway frontage and tenant mix.
      400 E Us 41, Negaunee, MI 49866
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      10,932 sq ft, Downtown Negaunee, MI
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      Negaunee Industrial Property: Prime Location

      Historic building, high potential, downtown Negaunee.
      440 Iron St, Negaunee, MI 49866
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    FAQs

    What type of property is this?
    Manufacturing property - Manufacturing property; prime highway location.
    Where is this manufacturing property located?
    The property is located at 327 Us 41 Negaunee, MI.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: $1,700,000 asking price.; Industrial/Mixed-Use property in Negaunee, MI.; High visibility location on US-41 with approximately 20,000 daily vehicle counts.
    Request Owner's contact information
    327 Us 41 Negaunee, MI 49866
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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
    327 Us 41 Negaunee, MI 49866
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