0 Traverse Ave Benzonia, MI 49616
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.
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
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.