Property profile

0 Near Moon Lk Rd Watersmeet, MI 49969

OFF-MARKET
Specialty properties
1,760 SF 1 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Specialty properties
Total area 1,760 SF
Lot 1 ac (43,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Near Moon Lk Rd Watersmeet, MI 49969
Watersmeet metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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