4281 Pickeral Lk Petoskey, MI 49770
- Investment properties
- 55.42 lot acres
Current Use by Public Records
- Investment properties
Property Details for 4281 Pickeral Lk
- Lot size
- 55.42 lot acres
- Property type
- Investment properties
Description
This exceptional 55.42-acre property presents a unique investment opportunity in the desirable Petoskey, Michigan area. Situated on the northeast side of town, just outside the city limits, this expansive parcel offers significant potential for various development projects or single-use occupancy. The land comprises three combined parcels, all zoned for Residential, Farm, and Forest uses, providing considerable flexibility for future plans. A key feature is the impressive over 1500 feet of frontage along Pickeral Lake Road, ensuring excellent visibility and accessibility. The property's size and zoning regulations allow for a wide range of possibilities, from residential subdivisions to agricultural ventures, or even a single large-scale development. The location offers a blend of tranquility and proximity to the amenities of Petoskey, making it an attractive proposition for both developers and individuals seeking a substantial landholding in a picturesque setting. Serious inquiries are encouraged to explore the full potential of this remarkable property. The asking price is $568,000.
Value Estimations
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Petoskey
- County
- Emmet
- State
- Michigan
- Longitude
- -84.8817
- Latitude
- 45.3919