Technical
Financial
Distress signals
Property profile

0 Side Dr Beaver Island, MI 49782

OFF-MARKET
Land
0.95 ac lot
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Property summary

AI-generated overview

This exceptional 0.95-acre commercial land parcel presents a unique investment opportunity on the picturesque shores of Lake Michigan. Located at Lot 9 E East Side Drive, Beaver Island, Michigan, 49782, this property boasts a prime location in the desirable Wicklow Beach area. The lot is situated on the south end of Sand Bay and Point La Par, offering breathtaking lakeside views and easy access to sandy beaches. The address is specifically Lot 9 E East Side Drive, within Charlevoix County. This sizable 0.95-acre lot provides ample space for a variety of commercial developments, capitalizing on the area's natural beauty and recreational opportunities. Its proximity to the lake makes it ideal for businesses catering to tourism or those seeking a stunning location with high visibility. The asking price for this remarkable property is $95,000. This represents a compelling investment opportunity in a highly sought-after location. The coordinates are 45.6614631 latitude and -85.5014759 longitude. Don't miss this chance to acquire a piece of Lake Michigan paradise with significant commercial potential.

Property profile

Verified
Property type Land
Lot 0.95 ac (41,382 SF)

Cap rate & NOI

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

Location

Side Dr Beaver Island, MI 49782
Beaver Island metro
Google Maps

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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