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    2 Sundance Dr Norway, MI 49870

    • Land
    • 1.26 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2 Sundance Dr

    Lot size
    1.26 lot acres
    Property type
    Land

    Description

    This exceptional 1.26-acre commercial lot in Norway, Michigan, presents a unique development opportunity. Located on Sundance Drive, this cleared parcel boasts excellent visibility and convenient access from US Highway 2, ensuring high traffic exposure for any commercial venture. The lot's all-sand composition provides ideal construction conditions, eliminating costly site preparation. Utilities are readily available, including water, sewer, phone, electric, cable, and gas connections, simplifying the building process and minimizing upfront costs. Zoned for commercial use, this property is perfect for a variety of businesses seeking a prominent location in a thriving community. The asking price is $99,500, translating to a land value of $1.81 per square foot. This represents a compelling investment opportunity in a desirable location with significant potential for return. The property's convenient access and readily available utilities make it an attractive option for developers and entrepreneurs alike. Don't miss this chance to secure a prime commercial lot in a growing Michigan town. The property is privately owned and ready for immediate development.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norway
    County
    Dickinson
    State
    Michigan
    Longitude
    -87.9215
    Latitude
    45.7927

    Comparable in this City

    • Value Estimation by Request
      2.18 Acres

      4 Sundance Dr

      Land • 2.18 Acres
      4 Sundance Dr, Norway, MI 49870
      View Details
    • Value Estimation by Request
      6.72 Acres

      5 Sundance Dr

      Land • 6.72 Acres
      5 Sundance Dr, Norway, MI 49870
      View Details
    • Value Estimation by Request
      2.27 Acres

      3 Sundance Dr

      Land • 2.27 Acres
      3 Sundance Dr, Norway, MI 49870
      View Details
    • Value Estimation by Request
      40.00 Acres

      Of Menominee Riv

      INDUSTRIAL - VACANT LAND • 40.00 Acres
      Of Menominee Riv, Norway, MI 49870
      View Details
    • Value Estimation by Request
      20.00 Acres

      Of Menominee Riv

      INDUSTRIAL - VACANT LAND • 20.00 Acres
      Of Menominee Riv, Norway, MI 49870
      View Details
    • Value Estimation by Request

      1825 Hwy Us-2

      VACANT COMMERCIAL LAND
      1825 Hwy Us-2, Norway, MI 49870
      View Details

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    • Contact for pricing
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      1.98 Acres

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      Tbd Us2, Norway, MI 49870
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    • $199,900
      1.23 Acres

      Commercial Land with Highway Frontage

      1.23 acre commercial parcel with 250ft of highway frontage.
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      1.01 Acres

      Cleared Acre Lot in Norway

      One-acre commercial land with utilities access and highway visibility.
      Tbd Sundance, Norway, MI 49870
      View Details
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    2 Sundance Dr
    Norway, MI 49870
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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