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Property profile & analytics
OFF-MARKET
Land

0 Traverse Lake Trl Johannesburg, MI 49751

1.91 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.91-acre waterfront property, encompassing two buildable lots, presents a rare opportunity in Johannesburg, Michigan. Located on Traverse Lake Trail in Otsego County, this land boasts approximately 387 feet of stunning lake frontage, offering breathtaking views and ample space for your dream waterfront home, a cozy lake cottage or cabin, and even a garage or pole building. The property's natural beauty is undeniable, with mature hardwoods providing privacy and tranquility. Abundant wildlife, including grouse, turkeys, deer, and even elk, have been spotted on the property, adding to its idyllic charm. The combined acreage provides plenty of room for building and enjoying the outdoors. Situated conveniently near M-32, this secluded retreat is also just a short 15-20 minute drive from the amenities of Gaylord and Lewiston, offering the perfect blend of peaceful seclusion and convenient access to local services and attractions. The asking price for this remarkable property is $59,900. The zip code is 49751. This is a truly unique opportunity to own a piece of Michigan's natural beauty. Don't miss out on this chance to create your own waterfront paradise.

Property profile
Verified
Property type Land
Lot 1.91 ac (83,200 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
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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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