5 Sundance Dr Norway, MI 49870
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.