Property profile

5 Sundance Dr Norway, MI 49870

OFF-MARKET
Land
6.72 ac lot
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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

Location

5 Sundance Dr Norway, MI 49870
Norway metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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