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    492 Co Rd Negaunee, MI 49855

    • Land
    • 17.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 492 Co Rd

    Lot size
    17.00 lot acres
    Property type
    Land

    Description

    This exceptional 17-acre parcel of land presents a unique opportunity for residential development. Located off County Road 492 in Marquette County, Michigan, this property boasts a tranquil wooded setting with stream frontage. Its convenient location offers easy access to the vibrant downtown Marquette area, situated just a mile or two away. Outdoor enthusiasts will appreciate the proximity to groomed trails ideal for cross-country and downhill skiing, world-class golf courses, the stunning shores of Lake Superior, and an abundance of public lands perfect for various recreational activities. The property is zoned RR, providing flexibility for residential construction. The parcel's APN is 52-08-020-051-00, and the asking price is $255,000. The property is located in Negaunee, Marquette County, MI, 49855. Given its desirable location and natural beauty, this land offers an unparalleled chance to build a custom home in a serene yet accessible setting. Please note that an appointment is required to view the property.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Negaunee
    County
    Marquette
    State
    Michigan
    Longitude
    -87.4516
    Latitude
    46.5388

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    492 Co Rd
    Negaunee, MI 49855
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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