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    St. Ignace, MI 49781

    For Sale
    $499,000

    12.72 Acres, US-2 Frontage, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 12.72-acre commercial land parcel presents a unique investment opportunity in St. Ignace, Michigan. Strategically located on busy US-2, this property enjoys high visibility and accessibility, situated at the western edge of the St. Ignace Golf Course. Its prime location offers significant advantages, being just over a mile west of I-75 and the Mackinac Bridge loop, ensuring convenient access for travelers and locals alike. The surrounding area boasts a mix of businesses, including a car dealership, restaurants (such as Johnnie's on 2), motels, and a pastie shop, creating a vibrant commercial environment. The property's location in Moran Township offers a lower tax base compared to city taxes, adding to its financial appeal. Essential utilities, including water and electricity, are readily available. This expansive tract is ideal for a variety of commercial developments, addressing the significant need for housing and mixed-use projects in the area. Mackinac County's status as the gateway to Michigan's Upper Peninsula, a renowned four-season destination, further enhances the property's potential. The proximity to ferries serving Mackinac Island adds another layer of attraction for potential development. This is a rare chance to acquire a substantial commercial land holding in a thriving tourist and residential area. The asking price is $499,000.

    Property Features for 0

    General Information

    Property type
    Land
    Lot Size
    554,083 SF

    HighLights

    • $499,000 asking price.
    • 12.72‑acre commercial land parcel.
    • Located on US‑2 in St. Ignace, MI, near I‑75 and the Mackinac Bridge.
    • High‑traffic location with nearby businesses.
    • Utilities available.
    • Excellent opportunity for mixed‑use development in a high‑demand area.
    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

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 12.72 Acres, US-2 Frontage, High Traffic
    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 $499,000.
    What are key features of this property?
    This property features: $499,000 asking price.; 12.72-acre commercial land parcel.; Located on US-2 in St. Ignace, MI, near I-75 and the 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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