510 Lake StLudington, MI 49431

  • Commercial real estate
  • 4.50 AC
For Sale
$2,400,000 View listing

Property Details for 510 Lake St

Lot size
4.50 AC
Property type
Commercial real estate
APN
051-590-001-00
APU
5159000100

Description

This exceptional 4.5-acre industrial property in Ludington, Michigan, presents a unique redevelopment opportunity. Situated directly on the shores of Pere Marquette Lake, with direct access to Lake Michigan, this site boasts approximately 735 feet of water frontage and 502 feet of road frontage. The property includes a 52,000 square foot building

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $40,979,132
    Hospitality
    $37,536,664
    Educational
    $31,230,064
    Medical
    $32,304,114
    Retail
    $48,580,100

Location Insight

City
Ludington
County
Mason
State
Michigan
Latitude
43.9477
Longitude
-86.4427
CBSA code
31220
CBSA name
LUDINGTON, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$644,000
-
$644,000
-
-
-
$1,288,000

FAQs

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