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    US-2 004-028-012-75 Naubinway, MI 49762

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for US-2 004-028-012-75

    Property type
    Commercial real estate

    Description

    This exceptional commercial property presents a unique investment opportunity in the vibrant village of Naubinway, Michigan. Strategically located on the busy W US Highway 2, this parcel boasts high visibility and significant traffic flow, making it ideal for a variety of commercial ventures. The land itself measures approximately 200 x 230 x 189 x 165 feet, offering ample space for development. Its prime location directly across from a gas station and adjacent to a propane company owned parcel ensures high foot and vehicle traffic. The property's potential extends beyond traditional commercial uses

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Naubinway
    County
    Mackinac
    State
    Michigan
    Longitude
    -85.3006
    Latitude
    46.1348

    Comparable in this City

    • Value Estimation by Request

      11599 Us-2

      COMMERCIAL (GENERAL)
      11599 Us-2, Naubinway, MI 49762
      View Details
    • Value Estimation by Request

      11688 Us Hwy 2nd 2

      COMMERCIAL (GENERAL)
      11688 Us Hwy 2nd 2, Naubinway, MI 49762
      View Details
    • Value Estimation by Request
      3,003 SF

      5966 Us-2

      Commercial real estate • 3,003 SF
      5966 Us-2, Naubinway, MI 49762
      View Details
    • Value Estimation by Request

      11650 Us Hwy 2nd 2

      COMMERCIAL (GENERAL)
      11650 Us Hwy 2nd 2, Naubinway, MI 49762
      View Details
    • Value Estimation by Request

      Ww Us-2

      COMMERCIAL (GENERAL)
      Ww Us-2, Naubinway, MI 49762
      View Details
    • Value Estimation by Request

      11627 Us-2

      COMMERCIAL (GENERAL)
      11627 Us-2, Naubinway, MI 49762
      View Details

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    Naubinway, MI 49762
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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
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