991 Cross Creek Ln, Petoskey, MI 49770
This expansive 140-acre farm presents a unique investment opportunity in the desirable Petoskey, Michigan area. Located at 991 Cross Creek Ln, Petoskey, MI 49770, this property boasts a generous lot size ideal for a variety of agricultural uses or potential development. The land is zoned EC-R1, offering flexibility for future plans. The asking price is $3,900,000, translating to a land value of $0.64 per square foot. Situated in Emmet County, this property offers a tranquil setting with easy access to the amenities of Petoskey. The precise latitude and longitude coordinates are 45.3840052, -84.9120199, allowing for precise location verification and mapping. Given its size and zoning, this property represents a significant opportunity for agricultural operations, conservation efforts, or strategic land acquisition in a highly sought-after Michigan location. The property's substantial acreage provides ample space for various agricultural pursuits, while its proximity to Petoskey offers convenient access to local services and infrastructure. Serious inquiries are encouraged to explore the full potential of this exceptional land offering.
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.