Technical
Financial
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Property profile

492 Co Rd Negaunee, MI 49855

OFF-MARKET
Land
17 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 17 ac (740,520 SF)

Cap rate & NOI

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

Location

492 Co Rd Negaunee, MI 49855
Negaunee metro
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Value estimations

Realmo proprietary · 4 methods
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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
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