8000 Houghton Lake Dr Houghton Lake, MI 48629
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.
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
Similar Nearby for Lease
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.