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Property profile & analytics
OFF-MARKET
Land

8000 Houghton Lake Dr Houghton Lake, MI 48629

9.24 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 9.24-acre parcel presents a unique investment opportunity in Houghton Lake, Michigan. Located at 8000 W Houghton Lake Dr, 48629, this property boasts 300 feet of frontage, offering versatile development potential for both commercial and residential uses. The land is zoned to allow for a variety of projects, making it ideal for developers seeking a prime location with significant visibility. Its proximity to The Quest Golf Course adds to its desirability and potential for attracting clientele. The asking price is $199,000, translating to an attractive price per acre of $16,233. This represents a compelling value for a property of this size and location in Roscommon County. The property is privately owned and offers significant flexibility for future development plans. Detailed surveys and zoning information are readily available upon request. This is a rare opportunity to acquire a substantial land holding in a desirable Michigan location with excellent potential for significant return on investment. Don't miss this chance to secure this valuable asset. Serious inquiries only.

Property profile
Verified
Property type Land
Lot 9.24 ac (402,494 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
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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