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Property profile & analytics
OFF-MARKET
Land

0 Traverse Ave Benzonia, MI 49616

4.95 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.95-acre parcel of timberland is located on Traverse Ave in Benzonia, Michigan, zip code 49616. The property is currently zoned for timber use, with the possibility of splitting the land into smaller parcels. This presents a unique investment opportunity for those seeking a land investment in Benzie County, Michigan. The asking price for this property is $75,000. Given its size and location, this land offers significant potential for future development or continued timber harvesting. The property's latitude and longitude coordinates are 44.6176369 and -86.0991855 respectively. Detailed zoning information is available upon request, and interested parties should be aware that no specific zoning is currently assigned, but splitting the land is permitted. This makes it suitable for a variety of uses, subject to local regulations and approvals. The property's classification as timberland indicates its suitability for forestry-related activities. Prospective buyers are encouraged to conduct their own due diligence to fully assess the property's potential and suitability for their intended purposes. This is a prime opportunity to acquire a significant land holding in a desirable location. Contact us today to learn more about this exciting investment opportunity.

Property profile
Verified
Property type Land
Lot 4.95 ac (215,622 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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