Property profile

0 Ackerman Lake Rd Munising, MI 49862

OFF-MARKET
Land
1.7 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1.7-acre residential lot presents a remarkable opportunity in Munising, Michigan. Located on Ackerman Lake Road, this property boasts stunning lake views and easy access to the water via a 20-foot easement. The Alger County location offers unparalleled access to outdoor recreation, with proximity to the Hiawatha National Forest, Lake Michigan, and Lake Superior. Imagine enjoying breathtaking sunrises and the tranquility of nature from your future home or cabin. The permitted zoning is L2/R2, providing flexibility for various residential development plans. The lot's APN is 02-001-203-007-00, and its convenient location is just 15 minutes from Munising and 45 minutes from Marquette, offering a blend of seclusion and accessibility. This affordable land parcel is perfect for those seeking a peaceful escape or a year-round residence in Michigan's beautiful Upper Peninsula. The property's 49862 zip code ensures convenient access to local amenities and services. With millions of acres of public land nearby, opportunities for hunting, fishing, and exploring the natural beauty of the region are abundant. Don't miss this chance to own a piece of paradise in the Upper Peninsula. The asking price is $55,000.

Property profile

Verified
Property type Land
Lot 1.7 ac (74,052 SF)

Cap rate & NOI

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

Location

Ackerman Lake Rd Munising, MI 49862
Munising metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Ackerman Lake Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message