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Property profile & analytics
OFF-MARKET
Land

0 Nwc Huntington Rd & Reserve Rd Houghton Lake, MI 48629

1.41 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.41-acre parcel of land, located at the Northwest corner of Huntington Road and Reserve Road in Houghton Lake, Michigan (APN: 003-110-082-0000), presents a unique investment opportunity. Currently zoned for General Residential use, this property offers significant potential for diverse development. Its strategic location provides convenient access to Houghton Lake itself, the Village Square Shopping Center, and numerous other retail establishments within walking distance. The property's proximity to US-127 and I-75 (less than 10 minutes away) further enhances its appeal and accessibility. The asking price is $225,000, translating to approximately $159,574.47 per acre. Given its versatility and prime location, this land is ideally suited for a variety of uses, including senior living facilities, multi-family residential development, single-family homes, or, with potential rezoning, commercial ventures. The substantial lot size and desirable location make this a compelling opportunity for investors seeking a high-return property in a thriving Michigan community. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 1.41 ac (61,420 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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