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12-Acre Industrial Land
For Sale
$299,900

V/L Myrton M Riggs Drive, Cheboygan, MI 49721

COMMERCIAL - Cheboygan, MI

Property SizeContact for details
Days on Market9

Property Features for V/L Myrton M Riggs Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning L-1
Subdivision T38N, R2W
Directions Take Riggs Dr to almost the end and look to the left side of the ride.
Standard status Active
APN 053-025-203-001-04 & 053-C07-000-026-00

Taxes and HOA fees

Tax Description PAR 1-B: COMM N 1/4 COR OF SEC 25, T38N, R2W; TH ALG N-S 1/4 LI S 00D 11M 16S W 2640.19FT TO CEN OF SEC 25; TH ALG E-W 1/4 LI S 88D 44M 23S E 105.54FT TO POB; TH N 39D 24M 03S E 453.02FT; TH N 51D 45M 34S E 172.89FT; TH N 40D 31M 21S E 334.78FT TO SLY ROW
Legal Description PAR 1-B: COMM N 1/4 COR OF SEC 25, T38N, R2W; TH ALG N-S 1/4 LI S 00D 11M 16S W 2640.19FT TO CEN OF SEC 25; TH ALG E-W 1/4 LI S 88D 44M 23S E 105.54FT TO POB; TH N 39D 24M 03S E 453.02FT; TH N 51D 45M 34S E 172.89FT; TH N 40D 31M 21S E 334.78FT TO SLY ROW
Listing Agency: COLDWELL BANKER SCHMIDT CHEBOYGAN · Coldwell Banker Real Estate
Listed By: Tonya Schryer · License #6501431558
Added: Aug 12 Changed: Aug 17 Last Checked: Aug 20 at 8:06PM
MLS# 201842199

Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Approximately 12 acres of industrial land are available in Cheboygan, with L-1 zoning and electric service at the road. The site can accommodate future commercial or industrial improvements, subject to applicable zoning and municipal approvals.

The property is offered for sale, ground lease, or build-to-suit development. Its size provides room for buildings, parking, equipment storage, loading areas, and future expansion. Access to area roads and proximity to the City of Cheboygan place the site within the surrounding Northern Michigan business community.

Key Highlights

  • Approximately 12 acres of industrial land
  • L‑1 zoning
  • Electric available at the road

Property Analytics

Current Use

Industrial land

Location Intelligence

Trade Area within ½ mile

66
Businesses Nearby

Demographics for 49721, MI

14,058
Population
8,535
Households
1.6
Avg Household Size
50
Median Age
22%
College-Educated
89%
High-School Grad
266.7 sq mi
ZIP Area
53
Density / Sq Mi
$60,840
Median Household Income
$30,807
Median Earnings
$753
Median Rent
$170,000
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - L-1-zoned land with electric service available at the road and flexibility for industrial development.
Where is this industrial land located?
The property is located at V/L Myrton M Riggs Drive Cheboygan, MI.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Approximately 12 acres of industrial land; L‑1 zoning; Electric available at the road
More about this property
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