5 months on rocket

1518 Sheridan Rd, Escanaba, MI, 49829

$40,900

0.28 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
WaterfrontNone
ViewNone
MLS #50142364
Lot Size0.28 Acres
StatusActive

About 1518 Sheridan Rd

Two lots totaling 100 x 123 feet offer an ideal location for building a business. Whether you're looking to start a primary business or a side hustle, the possibilities are endless. Here are a few ideas to get you started: Storage Units: Capitalize on the demand for extra storage space. You can create a secure, climate-controlled facility to attract customers needing space for their belongings, vehicles, or recreational equipment. Car Lot: Utilize the ample space to set up a used car dealership. The location is perfect for showcasing a variety of vehicles, from family sedans to off-road vehicles, catering to a broad customer base. Food Service: Consider opening a restaurant, café, or food truck hub. The area could serve both locals and tourists, offering anything from gourmet coffee and pastries to a full-service dining experience. Outdoor Adventure Shop: With the property's proximity to recreational activities, a store selling outdoor gear for fishing, hunting, snowmobiling, and boating could be very successful. Include equipment rentals to attract more customers. Farmers Market or Craft Fair Venue: Set up a space for local farmers and artisans to sell their products. This could become a community hub and draw regular foot traffic. Workshop or Artisan Studio: Create a space for local craftsmen and artists to produce and sell their work. This could include a gallery space to display and sell items. RV or Boat Storage: Given the location near a boat launch and outdoor recreational areas, an RV and boat storage facility could be highly profitable. Fitness Center or Yoga Studio: Open a gym or wellness center catering to locals and visitors looking to stay active. Offer classes, personal training, and wellness programs. Allow your imagination to explore these possibilities or develop a unique concept that suits your interests and the community's needs. The sky is the limit with these versatile lots in such an ideal location. .

Property Details

Property Features

Listing Office:

  • Office Name: STATE WIDE REAL ESTATE OF ESCANABA
  • Office Phone: (906) 786-1308
  • Listing Agent: CHRISTOPHER GESTWICKI

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None

Lot Features

Lot Information:

  • Lot: Sidewalk, Cleared, City Lot
  • Lot Size: 0.28 Acres

School Info

School District Information:

  • School District: Escanaba Area Public Schools

Other

Directions Information:

  • Directions: Sheraden Rd Escanaba

Price Information

Listing Price Info

Price Summary:

  • List Price: $40,900
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Housing Market Comparison

See how this home compares to others in Escanaba, MI.

Med. Sold Price

$145K

Med. Price/SqFt

$111

Avg. Days On Market

35

# of Sold Homes

15

1518 Sheridan Rd vs Escanaba

174 DAYS ON ROCKET

+139 Days

$40,900

-$104.1K Less

KEY TAKEAWAY

This property is $104.1K less than the Median Sold Price in Escanaba, MI.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: Upper Peninsula Assoc of Realtors
  • MLS Number: #50142364

Listing Office:

  • Office Name: STATE WIDE REAL ESTATE OF ESCANABA
  • Office Phone: (906) 786-1308
  • Listing Agent: CHRISTOPHER GESTWICKI

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/8/2024, 6:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $7,400
2020 - $7,000
2019 - $7,000
2018 - $7,000
2017 - $7,030

History based on county public records data.

Payment Calculator

$272

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$189

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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.

Nearby Schools

school-card-donut-384712
5
/10
  • Escanaba Upper Elementary School

  • 1500 Ludington St

  • 1.27 miles

  • Public District Grades 3-5

school-card-donut-384713
5
/10
  • James T Jones Elementary School

  • 400 S 10th St

  • 5.84 miles

  • Public District Grades 3-5

school-card-donut-384714
7
/10
  • Bark Riverharris Elementary School

  • Hwy US 2 41

  • 14.00 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,045. Most Escanaba, MI residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1518 Sheridan Rd

What is the listing price of this property?

The listing price of 1518 Sheridan Rd property is $40,900.

What type of property is this?

The property 1518 Sheridan Rd is land located in Escanaba, Michigan, 49829.

Is this property for sale now?

Active Listing: 1518 Sheridan Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 1518 Sheridan Rd is 0.28 acres.
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Rocket HomesMichiganDelta CountyEscanaba498291518 Sheridan Rd

This home is located at 1518 Sheridan Rd in Escanaba, MI and zip code 49829. This home sits on a 0.28 acre lot. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $40,900.

While more than 5 listings in Escanaba, MI in October 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 3 were sold below. The number of homes for sale in Escanaba, MI increased by 14.3% between September 2024 and October 2024. In October 2024 median list price was $145,000 and the average listing age was 35 days.

From Rocket Homes Real Estate and based on county public records data.

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