0 Near Moon Lk Rd Watersmeet, MI 49969
This exceptional commercial property in Watersmeet, Michigan, presents a unique investment opportunity. Located near Moon Lake Rd. S and on busy Highway B, this 1-acre lot encompasses a diverse range of structures and vacant land, offering significant potential for various commercial ventures. The property includes an existing 8-unit storage building and a 32x80 retail building, providing immediate income streams or redevelopment possibilities. Multiple vacant lots offer further expansion or development options. The property's strategic location provides unparalleled visibility and accessibility, ensuring high traffic and customer exposure. The total square footage of the existing buildings is 1,760 square feet. This property is ideally situated in the heart of downtown Land O Lakes, offering convenient access to local amenities and recreational trails. The property's location straddles the Wisconsin and Michigan state line, presenting unique opportunities for businesses catering to both states. The asking price for this remarkable commercial property is $299,000. This is a rare chance to acquire a versatile and well-positioned commercial property with significant upside potential. The property is listed under MLS # 204975. The zip code is 49969.
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.