7483 M-32 Johannesburg, MI 49751
This exceptional 10-acre commercial land parcel presents a unique investment opportunity in Johannesburg, Michigan. Located at 7483 M-32, Otsego County, this property boasts convenient access via a private driveway, just off a main road, ensuring easy access to local amenities while maintaining a serene, rural setting. The land itself is beautifully wooded, featuring mature hardwoods and a cleared area ideal for development. The presence of existing electricity significantly simplifies the construction process, reducing upfront costs and expediting project timelines. The property's 10-acre size offers ample space for a variety of commercial ventures, from light industrial uses to potential retail or service-based businesses. Zoned for commercial use (verification recommended), this parcel represents a rare chance to acquire a substantial land holding in a desirable location. The property's address is 7483 M-32, Johannesburg, MI 49751. Coordinates are 44.982932 latitude and -84.517143 longitude. Asking price is $40,000. This is a remarkable opportunity for investors seeking a versatile and strategically located commercial property. Serious inquiries only.
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.