Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Vacation Rental Campground & RV Park
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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