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    OFF-MARKET
    Land

    21150 M-68, Onaway, MI 49765

    9.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 9.5 ac (413,820 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
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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