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Property profile & analytics
OFF-MARKET
Land

75 Ft Bch Rd Johannesburg, MI 49751

Property ID
Property summary
AI-generated overview

This exceptional 75-foot commercial lot presents a unique investment opportunity on the picturesque Little Bear Lake in Northern Michigan. Boasting stunning sunset views, this elevated property offers unparalleled beauty and convenience. Situated between the charming towns of Lewiston and Gaylord, this location provides easy access to a variety of recreational activities and amenities. Enjoy the proximity to snowmobile and ORV trails, expansive state land, and the added benefit of nearby access to Big Bear Lake. The property's elevated position ensures breathtaking views and a desirable setting for various commercial ventures. This is a rare opportunity to acquire a substantial piece of land in a highly sought-after location. Flexible land contract terms are available, making this an attractive proposition for discerning buyers. Bring your vision and create a thriving business in this idyllic Northern Michigan setting. The property is located at 75 ft Beach Road, Johannesburg, MI 49751, in Otsego County. The asking price for this remarkable commercial land is $79,000.

Property profile
Verified
Property type Land
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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