Property profile

3 Sundance Dr Norway, MI 49870

OFF-MARKET
Land
2.27 ac lot
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Property summary

AI-generated overview

This exceptional 2.27-acre commercial lot is ideally situated in Norway, Michigan, offering unparalleled visibility and convenient access from US Highway 2. The property boasts a desirable location within town limits, making it an attractive option for a variety of commercial ventures. The land is entirely composed of sand, providing excellent conditions for construction and minimizing site preparation challenges. Utilities are readily available, including water, sewer, phone, electric, cable, and gas connections, simplifying the development process. The wooded setting offers a unique blend of natural beauty and commercial accessibility. This prime parcel presents a rare opportunity to establish a business in a thriving community with excellent infrastructure and high visibility. The asking price is $44,900, and the property is privately owned and offered for sale directly by the owner. Zoning is designated as commercial, ensuring a straightforward path to development. The lot's size and location make it suitable for a wide range of commercial uses. Don't miss this chance to acquire this exceptional commercial land in a prime location.

Property profile

Verified
Property type Land
Lot 2.27 ac (98,881 SF)

Cap rate & NOI

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

Location

3 Sundance Dr Norway, MI 49870
Norway metro
Google Maps

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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