12 Grace Lake Rd Watersmeet, MI 49969
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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