601 Moore St Bessemer, MI 49911
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.
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.