2 months on rocket

7683 US2 Hwy, Rapid River, MI, 49878

$49,900

1.97 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
WaterfrontNone
ViewNone
MLS #50152107
Lot Size1.97 Acres
StatusActive

About 7683 US2 Hwy

This property is located right at the Cross Roads of the UP. Commercial District 2 zoning. Great location with a huge amount of traffic passing this property each day. There was a survey done in 2001 and notes iron monuments were placed. It is possible that there is a well on the property. Rapid River wastewater system passes by this property. Great location for a drive thru restaurant, coffee shop, pasty shop, or other take out food, gift or thrift store. What is your passion? Take a look at this land opportunity with great traffic exposure!

Property Details

Property Features

Listing Office:

  • Office Name: COLDWELL BANKER SCHMIDT ESCANABA
  • Office Phone: (906) 786-5972
  • Listing Agent: WENDY HOLZENKAMP

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None

Lot Features

Lot Information:

  • Lot: Trees, Wooded
  • Lot Size: 1.97 Acres

School Info

Assigned Schools Information:

  • Tri-Township School, Public District Grades KG-12

School District Information:

  • School District: Rapid River Public Schools

Other

Directions Information:

  • Directions: Property is right at the crossroads of 2 & 41 in Rapid River.

Price Information

Listing Price Info

Price Summary:

  • List Price: $49,900
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Housing Market Comparison

See how this home compares to others in Rapid River, MI.

Med. Sold Price

$260K

Med. Price/SqFt

$125

Avg. Days On Market

51

# of Sold Homes

5

7683 US2 Hwy vs Rapid River

78 DAYS ON ROCKET

+27 Days

$49,900

-$210.1K Less

KEY TAKEAWAY

This property is $210.1K less than the Median Sold Price in Rapid River, MI.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: Upper Peninsula Assoc of Realtors
  • MLS Number: #50152107

Listing Office:

  • Office Name: COLDWELL BANKER SCHMIDT ESCANABA
  • Office Phone: (906) 786-5972
  • Listing Agent: WENDY HOLZENKAMP

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: 11/5/2024, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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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.

High School

school-card-donut-12498
7
/10
  • Tri-Township School

  • 10070 Us Highway 2

  • 1.00 miles

  • Public District Grades KG-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,537. The majority of Rapid River, MI residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7683 US2 Hwy

What is the listing price of this property?

The listing price of 7683 US2 Hwy property is $49,900.

What type of property is this?

The property 7683 US2 Hwy is land located in Rapid River, Michigan, 49878.

Is this property for sale now?

Active Listing: 7683 US2 Hwy is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7683 US2 Hwy are:
Tri-Township School: GreatSchools Rating 7/10

How much acreage is this property?

The property 7683 US2 Hwy is 1.97 acres.
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Rocket HomesMichiganDelta CountyRapid River498787683 US2 Hwy

This home is located at 7683 US2 Hwy in Rapid River, MI and zip code 49878. This home sits on a 1.97 acre lot. It has been listed on Rocket Homes since August 19, 2024 and is currently priced at $49,900.

While more than 0 listings in Rapid River, MI in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 3 were sold below. Between September 2024 and October 2024, Rapid River, MI real estate market has seen increase in the number of listings by 21.1%. While the average time on the market in October 2024 was 51 days, the median list price was $260,000.

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

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