920 Loxley Rd Houghton Lake, MI 48629
This exceptional 2.57-acre commercial parcel presents a prime opportunity for business development in Houghton Lake, Michigan. Located at 920 S Loxley Road, this property boasts unparalleled accessibility, situated just 100 feet from W Houghton Lake Drive, offering high visibility and convenient access for customers and employees. Its strategic location provides easy access to M55 and is only a mile east of US-27, ensuring excellent connectivity to regional transportation networks. The lot's size, totaling 116,000 square feet, provides ample space for a variety of commercial ventures. Electric service is readily available at the street, simplifying the process of establishing utilities for your new business. This property is ideally suited for entrepreneurs seeking a highly visible and easily accessible location to establish their enterprise in a thriving community. The asking price for this exceptional opportunity is $63,000. The property is located in Roscommon County, Michigan, with a zip code of 48629. This is a rare opportunity to acquire a significant commercial lot in a desirable location. Don't miss out on this chance to build your business in Houghton Lake.
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
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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.