Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5998 E Maple Ridge 37Th Rd, Unit 37th Rock, MI 49880

    Sponsored
    For Sale
    $359,900

    Log Home,Ranch,Detached,Cottage, Farm - Rock, MI

    Type:Farm
    Property size:
    612 SF
    Lot size:
    140.00 Acres
    Days on Market:
    30
    Last Refresh:
    Jan 18 at 9:06 pm

    Property Features for 5998 E Maple Ridge 37Th Rd

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Zoning
    Agricultural,Recreational,Residential
    Rooms
    Bathroom 1, Bedroom 1, Living Room
    Bedrooms
    1
    Bathrooms
    1
    APN
    see legal description
    Parking features
    Garage
    Patio and Porch features
    Porch
    Interior features
    Cable/Internet Avail., Ceramic Floors, Window Treatment(s), Furnished
    Exterior features
    Porch, Garden Area, Barn, Second Garage, Shed
    Fireplace
    1
    Appliances
    Microwave, Range, Refrigerator
    Size
    612 SF
    Lot size
    140.00 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Fireplace(s), Space Heater
    Cooling system
    Ceiling Fan(s)

    Building Details

    Year built
    1952
    Floors in Building
    1
    Flooring type
    Vinyl
    Building materials
    Log
    Architectural style
    Cottage
    Additional Structures
    Barn(s), Garage(s), Packing Shed, Second Garage, Shed(s)

    We can help!

    Listing Contact
    WENDY HOLZENKAMP
    WENDY HOLZENKAMP

    COLDWELL BANKER PRO (906) 786-5972

    Listing agent WENDY HOLZENKAMP (906) 786-5972 License #6501296852

    Listing date Dec 20, 2025

    MLS# 50196341 Listing URL

    Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Rustic Cabin on 140 Acres

    This property features a rustic yet modern cabin situated on 140 acres of qualified forest with an active Tree Farm. The 140-acre forest management plan indicates approximately 83 acres of hardwood, 41 acres of lowland conifers, and 16 acres of wetland marsh, creating a diverse animal habitat. Recent improvements include a new 5-acre fruit tree orchard with 40 apple trees, 50 persimmon trees, 12 pear trees, and 5 plum trees. A 2-acre clearing has been planted as a nut orchard with 100 chestnut trees, 50 butternut trees, 50 hazelnut trees, and 25 northern pecan trees. An additional clearing was planted with another 25 persimmon trees. An archer plot has been added, and the frog pond has been stocked with 100 bullfrogs. Over 3000 trees have been planted, including white pine, white spruce, balsam fir, and tamaracks. A par 3/88-yard golf hole is under construction. The property includes many trails and good roads. The log home features an open-concept living room, dining room, and kitchen. The sleep room is large and has 2 sets of bunk beds as well as a king bed. Propane heat is available in the bathhouse and cabin. The property and buildings have been well-maintained, and all furniture and furnishings are included in the sale, as well as deluxe heated hunting blinds/watch towers. Roads and food plots through the property have been maintained. There is a 20 X 20 garage, a 24 X 16 pole building, and a 16 X 10 bathhouse with a covered porch. All buildings are well-constructed and maintained. An 8 X 14 wood shelter provides ample wood for supplemental cabin heat. A staged fire pit area with stationary seating offers another entertainment option. The property is gated and private, yet close to the county road for easy year-round access. The property is located in Rock, MI, Delta County. The property contains 612 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Rock
    County
    Delta
    State
    Michigan
    Longitude
    -87.064445
    Latitude
    46.092792

    Nearby Similar for Sale

    • $599,000
      4,500 SF

      Established Tractor Dealership on M35

      Operating LS tractor dealership for sale on 10 acres.
      14502 M 35, Rock, MI 49880
      View Details

    FAQs

    What type of property is this?
    Farm - Modern cabin on 140 acres of qualified forest.
    Where is this farm located?
    The property is located at 5998 E Maple Ridge 37Th Rd, Unit 37th Rock, MI.
    What is the asking price?
    The asking price for this property is $359,900.
    What are key features of this property?
    This property features: - 140 acres of qualified forest with an active Tree Farm, managed under a forest management plan.; - Rustic yet modern log cabin, fully furnished and well-maintained, with propane heat and a bath house.; - Extensive orchard development including fruit trees and nut trees.
    (906) 399-8909
    Request Owner's contact information
    5998 E Maple Ridge 37Th Rd, Unit 37th Rock, MI 49880
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5998 E Maple Ridge 37Th Rd, Unit 37th
    Rock, MI 49880
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5998 E Maple Ridge 37Th Rd, Unit 37th Rock, MI 49880
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    WENDY HOLZENKAMP
    WENDY HOLZENKAMP
    Real Estate License ID: 6501296852
    (906) 399-8909
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.