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    W Danaher St Ludington, MI 49431

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    For Sale
    $245,000

    Building site in Ludington's waterfront district with flexible zoning.

    Lot size:
    0.19 Acres

    Property Features for W Danaher St

    General Information

    Lot size
    0.19 Acres

    Source: Greenridge Realty S Rath Agent Debby Stevenson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ludington Waterfront Development Opportunity

    This building site is located in the heart of Ludington's vibrant waterfront district. The property is zoned Downtown Edge, allowing for a wide range of residential, commercial, and mixed-use possibilities. Potential uses include housing, commercial space, and live/work concepts. The location offers a marina view and is situated a half block from the City Marina, three blocks from downtown shopping, and moments from the beach, restaurants, breweries, and Waterfront Park. This parcel is suited for developers, investors, or visionaries looking to make an impact in downtown Ludington.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Ludington
    County
    Mason
    State
    Michigan
    Longitude
    -86.44844
    Latitude
    43.951529

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    FAQs

    What type of property is this?
    Land - Building site in Ludington's waterfront district with flexible zoning.
    Where is this land located?
    The property is located at W Danaher St Ludington, MI.
    What is the asking price?
    The asking price for this property is $245,000.
    What are key features of this property?
    This property features: - New downtown edge zoning allows for diverse development.; - Prime location with marina view, close to the City Marina, downtown shopping, beach, restaurants, breweries, and Waterfront Park.; - Rare opportunity as one of the few remaining parcels in the area with this flexible zoning.
    Request Owner's contact information
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    Ludington, MI 49431
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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
    W Danaher St Ludington, MI 49431
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