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Property profile & analytics
OFF-MARKET
Land

5 Sundance Dr Norway, MI 49870

6.72 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 6.72-acre commercial lot, located at 5 Sundance Dr. in Norway, Michigan (APN 05347803260), presents a unique development opportunity. Zoned B-2, this property boasts excellent visibility and convenient access directly off US Highway 2, ensuring high traffic exposure for any commercial venture. The land is entirely composed of sand, providing ideal conditions for construction and minimizing site preparation costs. All essential utilities are readily available, including water, sewer, phone, electric, cable, and gas, eliminating the need for extensive infrastructure development. The property is privately owned and offered for sale at $249,900. Its wooded setting offers a blend of natural beauty and prime commercial potential. The expansive lot size allows for significant flexibility in design and development, accommodating a wide range of commercial projects. This is a turnkey opportunity for businesses seeking a strategically located and well-prepared site in a thriving Michigan community. The property's location in Dickinson County, Michigan, zip code 49870, offers easy access to regional transportation networks and a strong local market. Don't miss this chance to acquire a highly desirable commercial parcel in a rapidly growing area.

Property profile
Verified
Property type Land
Lot 6.72 ac (292,723 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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