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    US-2 St St. Ignace, MI 49781

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

    Current Use by Public Records

    • Land

    Property Details for US-2 St

    Lot size
    2.26 lot acres
    Property type
    Land

    Description

    This exceptional 2.26-acre commercial land parcel presents a unique investment opportunity in St. Ignace, Michigan. Located on busy US-2, this property boasts breathtaking views of Lake Michigan and the St. Ignace Golf Course. Its strategic location offers significant commercial development potential, with the added benefit of available splits to accommodate various project sizes. Situated just west of the bustling I-75 and Mackinac Bridge business loop, this land enjoys high visibility and accessibility. The property's location in Moran Township provides the advantage of lower taxes compared to city properties, while still offering convenient access to city water and electricity. This prime location is adjacent to an established business strip, ensuring immediate proximity to existing commercial activity. Remarkably, this property is now offered at a significantly reduced price, 70% less than its value a decade ago. Mackinac County, the gateway to Michigan's Upper Peninsula, is a renowned four-season destination, promising a robust and diverse market for commercial ventures. The property's size, location, and price make it an exceptional opportunity for developers and investors seeking a high-impact commercial investment in a desirable location. The zip code is 49781.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    St. Ignace
    County
    Mackinac
    State
    Michigan
    Longitude
    -84.8906
    Latitude
    45.9278

    Comparable in this City

    • Value Estimation by Request

      St. Ignace, MI 49781

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      St. Ignace, MI 49781
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      12.72 Acres

      St. Ignace, MI 49781

      Land • 12.72 Acres
      St. Ignace, MI 49781
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    • Value Estimation by Request
      4.54 Acres

      St. Ignace, MI 49781

      Land • 4.54 Acres
      St. Ignace, MI 49781
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      6.87 Acres

      St. Ignace, MI 49781

      Land • 6.87 Acres
      St. Ignace, MI 49781
      View Details
    • Value Estimation by Request

      1131 State St

      COMMERCIAL (GENERAL)
      1131 State St, Saint Ignace, MI 49781-1012
      View Details
    • Value Estimation by Request

      399 State St

      COMMERCIAL (GENERAL)
      399 State St, Saint Ignace, MI 49781-1424
      View Details

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      Lake Huron Adjacent Vacant Lot

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    US-2 St
    St. Ignace, MI 49781
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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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