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    850 Michigan 55 Tawas City, MI 48763

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

    Current Use by Public Records

    • Land

    Property Details for 850 Michigan 55

    Lot size
    37.00 lot acres
    Property type
    Land

    Description

    This exceptional 37-acre property in Iosco County, Michigan, presents a unique investment opportunity. Located on M55, the main thoroughfare into Tawas City, this land boasts an impressive 2,000 feet of road frontage. The A-1 Agricultural Residential zoning allows for a variety of uses, perfectly complementing the existing structures. The property includes a 1,100 square foot, two-bedroom house, a barn, and four large greenhouses (30' x 100'). Two wells provide ample water resources. Situated just two miles from downtown Tawas City and Tawas Bay, this location offers both rural tranquility and convenient access to amenities. The property's agricultural potential is further enhanced by its suitability for USDA-supported farming of non-GMO, pesticide-free produce. Priced at $450,000, this expansive parcel offers significant potential for residential, agricultural, or mixed-use development. The combination of land, existing buildings, and prime location makes this a truly remarkable opportunity. The property's address is 850 E Michigan 55, Tawas City, MI 48763.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tawas City
    County
    Iosco
    State
    Michigan
    Longitude
    -83.5563
    Latitude
    44.2803

    Comparable in this City

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      1.63 Acres

      Ss Riv St

      VACANT COMMERCIAL LAND • 1.63 Acres
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      40.00 Acres

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      0.11 Acres

      534 Lk St

      VACANT COMMERCIAL LAND • 0.11 Acres
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    850 Michigan 55
    Tawas City, MI 48763
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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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