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    5609N Camel Rider Rd Wetmore, MI 49895

    Sponsored
    For Sale
    $725,000

    Turnkey Business, Stunning Views

    Property size:
    1,440 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    Nestled on 3.4 acres within the Hiawatha National Forest, this exceptional business opportunity boasts 216 feet of pristine Deep Lake frontage. The property includes five fully furnished cabins—three two-bedroom and one three-bedroom—currently generating income through AirB&B rentals under the "Camel Rider's Cabins" name. Separate owner's quarters offer four bedrooms, two bathrooms (one handicap-accessible), a kitchen, dining room, living room, utility room, and a basement with a one-car drive-under garage. Glass sliding doors from the living room and kitchen-dining area open onto a wraparound deck complete with a handicap ramp. A substantial detached garage (24x40) features two car bays, plus two additions totaling 60x40, providing ample workshop and storage space. A large 18x40 platform deck at the lakeshore offers ample space for sunbathing, swimming, and fishing. A dock is also available for guest use. Conveniently located near snowmobile and ATV trails off County Road 440, this turnkey resort presents a unique investment opportunity. The total square footage of the main buildings is 1,440 square feet. The property is priced at $725,000.

    Property Features for 5609N Camel Rider Rd

    General Information

    Property type
    Investment properties
    Square Feet
    1,440 SF
    Lot Size
    148,104 SF

    Building Details

    Year Built
    1978
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Realty agency Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Wetmore
    County
    Schoolcraft
    State
    Michigan
    Longitude
    -86.60004
    Latitude
    46.15951

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    FAQs

    What type of property is this?
    Investment property - Turnkey Business, Stunning Views
    Where is this investment property located?
    The property is located at 5609N Camel Rider Rd Wetmore, MI.
    What is the asking price?
    The asking price for this property is $725,000.
    (906) 387-3074
    Request Owner's contact information
    5609N Camel Rider Rd Wetmore, MI 49895
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    Wetmore, MI 49895
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    Realmo Value Estimation

    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.

    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.

    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
    5609N Camel Rider Rd Wetmore, MI 49895
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