Property summary
Exceptional opportunity to own 10.1 acres of prime commercial land in Watersmeet, Michigan. This fee simple property, identified by APN 06-38-200-512, boasts an impressive 439,956 square feet and offers unparalleled seclusion with frontage on both Cloverleaf and Spider Lakes. Cloverleaf Lake, accessible only to property owners, provides excellent fishing for bass and panfish. Spider Lake features a convenient walk-in canoe landing, also offering great bass and panfish fishing. The lakes are connected by a non-navigable channel. The property is conveniently located within a half-mile of the public boat landing on Cisco Lake, part of the renowned Cisco Chain, known for its resorts and recreational opportunities. The surrounding area includes abundant National Forest land and the Sylvania Wilderness area. The land features rolling terrain with multiple potential building sites overlooking both lakes. Mature trees, including large hemlocks, hardwoods, and majestic white pines, add to the property's natural beauty and privacy. This is a rare chance to acquire a substantial parcel with exceptional recreational access and development potential, zoned for residential use. The property is located at Lot 12 Grace Lake Rd, Watersmeet, MI 49969.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight