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    482 Sage Lake Rd Hale, MI 48739

    • Commercial real estate
    • 2,134 SF
    • 1.11 lot acres
    For Sale
    View listing
    $444,900
    Value Estimation
    Location Intelligence
    Property ID
    US43-3410910
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Crusins Cones & Coneys, LLC / Restaurant

    Property Details for 482 Sage Lake Rd

    Year built
    2005
    Lot size
    1.11 lot acres
    Property size
    2,134 SF
    Property type
    Commercial real estate
    APN
    006-520-011-00
    APU
    652001100

    Description

    This exceptional business opportunity presents a thriving Coney Island establishment in Hale, Michigan. Located on over an acre at 482 N Sage Lake Rd, this property boasts two buildings totaling 1,150 square feet, constructed in 2005 and renovated in 2011. The main building houses a fully equipped kitchen featuring a convection/pizza oven, flattop grill, various cooking appliances, and ample prep space. Ice cream offerings include two soft-serve machines, a shake machine, and 18 hand-scooped ice cream flavors. A beer and wine license is included. Exterior amenities include two walk-in freezers, a 30x40 pole barn with a cement floor, a Generac generator, additional storage sheds, and a covered 34x56 picnic pavilion (added in 2014). A unique feature is an outdoor movie screen and a putt-putt golf course. The property is zoned commercial and sits on a 1.11-acre lot. All contents are included in the sale, excluding current inventory (negotiable) and pole barn contents. The business currently operates seasonally (May-September, Friday-Sunday), averaging 55-65 days annually, with significant potential for expansion. The asking price is $444,900.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hale
    County
    Ogemaw
    State
    Michigan
    Longitude
    -83.9229
    Latitude
    44.3487

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,903
    $0.00
    $0.00
    $71,600
    -
    $0.00
    $0.00
    $71,600

    Comparable in this City

    • Value Estimation by Request

      5866 Dease Lk Rd

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      0.26 Acres

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      212 Main St, Hale, MI 48739-9558
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      0.14 Acres

      201 Washington St

      COMMERCIAL (GENERAL) • 0.14 Acres
      201 Washington St, Hale, MI 48739-9578
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      520 SF

      Hale, MI 48739

      COMMERCIAL (GENERAL) • 520 SF
      Hale, MI 48739
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      0.43 Acres

      3840 M 65

      COMMERCIAL (GENERAL) • 0.43 Acres
      3840 M 65, Hale, MI 48739-9588
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    • Value Estimation by Request
      2.50 Acres

      3764 M 65

      COMMERCIAL (GENERAL) • 2.50 Acres
      3764 M 65, Hale, MI 48739-9553
      View Details

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    Hale, MI 48739
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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