2424 Houghton Lk Dr, Houghton Lake, MI 48629-8238
This exceptional 9.47-acre commercial land parcel, located at 2424 W. Houghton Lake Drive in Houghton Lake, Michigan (48629), presents a remarkable investment opportunity. The property, identified by APN 003-016-007-0155, is zoned for commercial use, making it ideal for a variety of development projects. Its strategic location within Houghton Lake's thriving commercial corridor offers unparalleled visibility and accessibility. Situated directly near major retailers such as Walmart, Home Depot, Dunham's, and McDonald's, this site benefits from high traffic volume and established consumer base. The property's size and zoning allow for significant flexibility in development plans, potentially accommodating retail redevelopment, a dealership, or other commercial ventures. An existing operating business on the site may be included in the sale, presenting additional value and potential income streams. This is a confidential sale, and the asking price is $1,275,000. Serious inquiries are encouraged. This prime location and substantial acreage offer a rare chance to establish a successful commercial enterprise in a high-demand area.
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Classy Camper Rentals Vacation Rental Campground & RV Park
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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.