Commercially zoned 25 acres located on the highly visible and busy corner of M-55 and M-37 in Wellston, MI that adjoins thousands of acres of National Forest Land and adjacent to Trail 6 that is popular for snowmobiling and ORVs. A portion of the property is heavily wooded with gorgeous hilltop views that overlook a park-like setting with a private pond. There are endless development possibilities for this property. There has been a site plan partially completed for a 46-site RV Park that is available to view upon request, but again, that is just one possibility. Manistee is approximately 30 miles to the west, and Cadillac is 25 miles to the east and the beautiful ski hills and golf course of Caberfae are just a few miles up the road. Please make an appointment to view and aerial property lines are approximate.
Property Details
Property Features
Listing Office:
Office Name: REO-Cadillac-233028
Listing Agent: Michelle Maidens
Exterior Features
Exterior Information:
Waterfront: Pond
Exterior: Development Property
Lot Features
Lot Information:
Lot: Wooded, Corner Lot
Lot Size: 25.16 Acres
School Info
Assigned Schools Information:
Cadillac Senior High School, Public District Grades 9-12
Cadillac Junior High School, Public District Grades 7-8
Mackinaw Trail Middle School, Public District Grades 5-6
Other
Directions Information:
Directions: The SW Corner of W-M55 and S-M37
Price Information
Listing Price Info
Price Summary:
List Price: $325,000
What can I afford?
Understand what home price range makes sense for your budget.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,690
Per Month
Principal & Interest
$1,623
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,041
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
7
/10
Cadillac Junior High School
500 Chestnut St
Distance between this listing and this school18.74 miles
Public District Grades 7-8
7
/10
Mackinaw Trail Middle School
8401 Mackinaw Trl
Distance between this listing and this school19.03 miles
Public District Grades 5-6
High School
7
/10
Cadillac Senior High School
400 Linden St
Distance between this listing and this school18.60 miles
Public District Grades 9-12
Nearby Schools
2
/10
Forest View Elementary School
7840 South 25 Mile Rd
Distance between this listing and this school10.45 miles
Public District Grades PK-4
4
/10
Knd Elementary School
4400 Highbridge Rd
Distance between this listing and this school12.82 miles
Public Magnet Grades KG-5
5
/10
Floyd M. Jewett Elementary School
210 E Mesick Ave
Distance between this listing and this school13.30 miles
Public District Grades KG-6
Assigned Schools
7
/10
Cadillac Junior High School
500 Chestnut St
Distance between this listing and this school18.74 miles
Public District Grades 7-8
7
/10
Mackinaw Trail Middle School
8401 Mackinaw Trl
Distance between this listing and this school19.03 miles
Public District Grades 5-6
Nearby Schools
5
/10
Brethren Middle School
4400 Highbridge Rd
Distance between this listing and this school12.82 miles
Public District Grades 6-8
Assigned Schools
7
/10
Cadillac Senior High School
400 Linden St
Distance between this listing and this school18.60 miles
Public District Grades 9-12
Nearby Schools
5
/10
Brethren High School
4400 Highbridge Rd
Distance between this listing and this school12.82 miles
Public District Grades 9-12
4
/10
Mesick Consolidated Jr/Sr High School
581 S Clark St
Distance between this listing and this school13.04 miles
The neighbors living near this home have an average income of $42,941. Typical income of Wexford County, MI residents is between $35k-100k annually. The majority of families are married, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 W M-55
What is the listing price of this property?
The listing price of 0 W M-55 property is $325,000.
What type of property is this?
The property 0 W M-55 is land located in Wellston, Michigan, 49689.
Is this property for sale now?
Active Listing: 0 W M-55 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 0 W M-55 are: Cadillac Junior High School: GreatSchools Rating 7/10Mackinaw Trail Middle School: GreatSchools Rating 7/10Cadillac Senior High School: GreatSchools Rating 7/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 0 W M-55 in Wellston, MI and zip code 49689. This home sits on a 25.16 acre lot. It has been listed on Rocket Homes since April 14, 2023 and is currently priced at $325,000.
In March 2024, from all listings sold in Wexford County, MI there were more than 5 sold above asking price, over 14 sold below and more than 3 were sold right at the asked price. The inventory of homes for sale in Wexford County, MI between February 2024 and March 2024 increased by 8.3%. Listings spent 113 days on the market in March 2024, and had a median list price of $215,537 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Hunting
Hunting
NASCAR
Pro Wrestling
Wal-Mart
Dollar General
Academy Sports & Outdoors
Hardee's
Jimmy Johns
Applebees
Ram
GMC
Dodge
Classic Country
Oldies