21150 M-68, Onaway, MI 49765
This exceptional 9.5-acre parcel of commercially zoned vacant land presents a unique investment opportunity in Onaway, Michigan. Located at 21150 M-68, this property boasts a highly desirable location within Presque Isle County, offering significant potential for development. The land is identified by APN 160-206-000-005-00 and is currently listed at $150,000. Its expansive size provides ample space for a variety of commercial ventures, making it ideal for entrepreneurs and investors seeking to establish a presence in this growing area. The property's convenient location offers easy access to key transportation routes, ensuring excellent visibility and accessibility for any future business. With its prime location and substantial acreage, this property represents a rare chance to acquire a significant commercial land holding in a thriving Michigan community. The zoning allows for a wide range of commercial uses, providing flexibility for diverse development plans. This is an exceptional opportunity to capitalize on the potential of this valuable asset in a desirable location. Serious inquiries are encouraged to explore the possibilities this property offers. The property is ready for immediate development, presenting a streamlined path to realizing your commercial vision. Don't miss this chance to secure a piece of Onaway's promising future. The asking price reflects the significant value and potential of this exceptional land parcel.
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.