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    7097 S Dunns Farm Rd Maple City, MI 49664

    Sponsored
    For Sale
    $1,300,000

    Restaurant/Food Service,Other - Maple City, MI

    Property size:
    4,957 SF
    Lot size:
    5.90 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 31 at 8:06 am

    Property Features for 7097 S Dunns Farm Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Agricultural,Restaurant/Food,Motel/Hotel
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
    Bathrooms
    11
    Parking
    25
    Basement Y/N
    1
    Size
    4,957 SF
    Lot size
    5.90 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1953
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Ron Raymond
    Ron Raymond

    Serbin Real Estate (231) 334-2758

    Listing agent Ron Raymond (231) 334-2758

    Listing date Jan 30, 2026

    MLS# 1940518 Listing URL

    Copyright © 2026 Northern Great Lakes Realtors MLS. 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

    Leelanau County Motel & Cafe

    The Foothills Motel & Café, located in Leelanau County, is situated minutes from Glen Arbor, Glen Lake, and the Sleeping Bear Dunes. The property includes The Foothills Café, which is approximately 720 sq. ft. and was updated in 2024. The cafe is a local favorite for breakfast and lunch, open until 2:00 p.m. during the summer season, with potential to extend hours, add catering, or host private events. The 8-room boutique motel, updated in 2024, features six rooms with two queen beds and two rooms with one king bed. Each room includes individual heating and air conditioning, WiFi, and cable television. A two-bedroom apartment provides on-site living space, and a 720 sq. ft. cabin with bath and shower adds additional rental or housing versatility. Situated on 5.9 wooded acres with three available land splits, the property offers room for expansion or future development. The property is close to Palmer Woods Forest Reserve for mountain biking and cross-country skiing, with easy access to Big Glen Lake and Lake Michigan. The property size is 4957 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Foothills Cafe & Motel Motel

    Suggested Use

    Cafe & Coffee Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Maple City
    County
    Leelanau
    State
    Michigan
    Longitude
    -85.933255624939
    Latitude
    44.878312392308

    Nearby Similar for Sale

    • $1,600,000
      3 SF

      Historic Inn and Restaurant

      Inn and restaurant in the heart of the National Lake Shore.
      149 E Harbor Hwy, Maple City, MI 49664
      View Details

    FAQs

    What type of property is this?
    Motel - Updated motel and cafe near Glen Arbor and Sleeping Bear Dunes.
    Where is this motel located?
    The property is located at 7097 S Dunns Farm Rd Maple City, MI.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Prime Location: Minutes from Glen Arbor, Glen Lake, and Sleeping Bear Dunes, with easy access to Big Glen Lake and Lake Michigan.; - Updated Motel & Cafe: Both the 8-room motel and 720 sq. ft. cafe were updated in 2024.; - Income-Generating Business: Established motel and cafe with loyal clientele and potential for increased revenue.
    (231) 883-1217
    Request Owner's contact information
    7097 S Dunns Farm Rd Maple City, MI 49664
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    Maple City, MI 49664
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    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
    7097 S Dunns Farm Rd Maple City, MI 49664
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    We can help!
    Listing Contact
    Ron Raymond
    Ron Raymond
    Real Estate License ID: 6501343256
    (231) 883-1217
    Learn more
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