0 Nwc Huntington Rd & Reserve Rd Houghton Lake, MI 48629
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.