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Commercial Land Along US 10

V/L W Ludington Drive, Lake, MI 48632

For Sale
$42,900

VACANT LAND, Lake, MI

Property SizeContact for details
Lot Size0.48 Acres
Days on Market1351

Property Features for V/L W Ludington Drive

General Information

Property type Land
Property subtype Other
Zoning description Commercial
Elementary school district Farwell Area Schools
Middle school district Farwell Area Schools
High school district Farwell Area Schools
Subdivision Garfield Twp (18005)
Standard status Active
APN 013-015-400-47
Lot size 0.48 Acres
Listing Agency: HOMEWATERS - Gladwin
Listed By: SHANNON CHRISMAN · License MI #6501424545
Added: Mar 3, 2023 Changed: Oct 8 Last Checked: Nov 12 at 7:06AM
MLS# 50102631

Copyright © 2026 Clare Gladwin 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.

Rey
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Investment Insights

Based on property information with market context.

This 0.48-acre commercial land parcel is cleared and positioned for future development. The property fronts US 10 and is situated between a gas station and an auto shop, creating an established commercial setting for the site.

The rear of the parcel adjoins the Rails to Trails corridor, adding recreational access immediately behind the property. Located on W Ludington Drive in Lake, Michigan, the parcel offers a compact commercial land configuration along a state highway corridor.

Key Highlights

  • 0.48‑acre commercial parcel
  • Located on US 10
  • Cleared lot positioned between a gas station and auto shop

Property Analytics

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Location Intelligence

Trade Area within ½ mile

54
Businesses Nearby

Demographics for 48632, MI

4,987
Population
4,389
Households
1.1
Avg Household Size
52
Median Age
14%
College-Educated
90%
High-School Grad
123.2 sq mi
ZIP Area
40
Density / Sq Mi
$51,740
Median Household Income
$30,467
Median Earnings
$846
Median Rent
$130,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Cleared commercial parcel with neighboring gas station and auto-service uses, plus Rails to Trails access along the rear.
Where is this commercial land located?
The property is located at V/L W Ludington Drive Lake, MI.
What is the asking price?
The asking price for this property is $42,900.
What are key features of this property?
This property features: 0.48‑acre commercial parcel; Located on US 10; Cleared lot positioned between a gas station and auto shop
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