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Property profile & analytics
OFF-MARKET
Commercial real estate

601 Moore St Bessemer, MI 49911

20.45 ac lot
Property ID
US43-3732185
Property summary
AI-generated overview

This exceptional 20.45-acre commercial land parcel in Bessemer, Michigan, presents a unique investment opportunity. Located at 601 S Moore St, 49911, this property boasts breathtaking views of the city and surrounding bluffs, perfect for capturing captivating sunsets. The land has been professionally surveyed into three separate buildable lots, each offering distinct advantages. Lot 1 features rolling hill views, including the Copper Peak Ski Jump, and includes an approved septic system and poured concrete footings. City water access is conveniently located approximately 50 feet from the building site. Lots 2 and 3 also offer developed building sites with similar scenic vistas, with Lot 3 providing a more secluded setting. This prime location offers easy access via a city street leading to a private gated driveway. The property's proximity to the Iron Belle Trail, snowmobile and UTV trails, major ski hills, Lake Superior, and numerous hiking and biking trails adds significant recreational value. This is an ideal opportunity to develop residential building sites on the edge of town, combining stunning natural beauty with convenient access to amenities. The property is owned by a corporation and is zoned for residential use.

Property profile
Verified
Property type Commercial real estate
Lot 20.45 ac (890,802 SF)
UPID US43-3732185
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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