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    Black River, MI
    Waterfront

    Black River, MI Waterfront Land for Sale

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    Spruce, MI Harrisville, MI Lincoln, MI Ossineke, MI Hubbard Lake, MI Mikado, MI Greenbush, MI Alpena, MI
    Buildable Waterfront Land
    Updated: Jul 2
    Buildable Waterfront Land

    N Lake Shore Drive, Black River, MI 48721

    $284,900
    0.48 AC lot
    100' frontage along sandy shores of Lake Huron
    0.48‑acre waterfront lot
    Residential zoning
    Electric available
    Paved and maintained road frontage
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    Lake Huron Waterfront Double Lot
    Updated: Jul 9
    Lake Huron Waterfront Double Lot

    V/L N Lake Shore Drive, Black River, MI 48721

    $299,000
    11.70 AC lot
    Vacant double lot with approximately 240 ft of Lake Huron frontage
    Nearly 3 acres on the lake side of the road for space to build
    Additional acreage on the west side of the road borders state land for added privacy
    Property offers direct access to nature via bordering state land
    About 30 minutes south of Alpena and roughly half‑mile from the Black River boat launch
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Black River, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Wooded Hunting Land
    Wooded Hunting Land

    N Poor Farm Road, Harrisville, MI 48740

    $420,000
    120.00 AC lot

    Natural acreage includes trails, mature trees, Black River access, and an area suitable for a home.

    View details
    Lake Huron Buildable Land
    Lake Huron Buildable Land

    0.62 AC N Lake Huron Shore Drive, Harrisville, MI 48740

    $350,000
    0.62 AC lot

    Buildable land with 100 ft of Lake Huron frontage.

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    Waterfront Recreation Land Parcel
    Waterfront Recreation Land Parcel

    Barton City, MI 48705

    Contact for pricing

    Buildable acreage with two-sided road frontage, including a portion of wetland, suited for quiet recreation-focused use.

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    Buildable Waterfront Lot
    Buildable Waterfront Lot

    000 N Montana Rd, Barton City, MI 48705

    Contact for pricing

    Mostly wooded, buildable waterfront lot in a small lake community near a park and playground.

    View details

    Black River, MI Waterfront Land Market Trends and Statistics

    Explore 2 waterfront land for sale in Black River, MI on our real estate platform. These investment opportunities span a total of 530,561 square feet of properties for sale, with an estimated market value of $583,900.

    Sale prices for water rights properties in Black River, MI start at $284,900, averaging $291,950, and reaching up to $299,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Waterfront Land 2
    Residential land & home lots 1

    Demographics Overview

    Population 398
    Population Growth (5Y) -14.0%
    Median Household Income $59,063
    College Educated 33.8%

    High-Yield Neighborhoods for Investment

    Identify Black River submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48721 $301.3K

    Taxes & Financing

    Tax Rate (average for all types) 3.13%
    Property Tax per SF $80.64 per SF
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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