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Property profile & analytics
OFF-MARKET
Land

0 Parcel B Westshore Ln Johannesburg, MI 49751

2.9 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.9-acre commercial parcel presents a unique investment opportunity on the shores of Big Bear Lake in Johannesburg, Michigan. Boasting 66 feet of coveted lake frontage, this property offers unparalleled access to recreational activities and stunning natural beauty. Located on a private road in Otsego County, the land enjoys convenient access to essential utilities, including electricity, natural gas, and high-speed internet. Its strategic location between Lewiston and Gaylord provides easy access to local amenities and transportation routes. The property's proximity to state land, ATV and snowmobile trails, and the Big Bear Lake State Campground further enhances its appeal. Big Bear Lake itself is a sizable 350+ acre all-sports lake, known for its excellent fishing and boasting depths of up to 35 feet in certain areas. The gently sloping terrain provides an ideal building site, while ample space across the road offers potential for additional structures such as storage facilities or a pole barn. This remarkable parcel is priced at $149,000 and presents a rare chance to acquire a prime commercial property in a highly desirable location. The property's address is Parcel B Westshore Lane, Johannesburg, MI 49751.

Property profile
Verified
Property type Land
Lot 2.9 ac (126,324 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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