Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Recreational Land in Irons, MI Title is generated by Realmo AI

    11125 W 11 Mile Road, Irons, MI 49644

    View on Map
    Claim this Listing
    New
    For Sale
    $212,000

    LAND - Irons, MI

    Lot size:
    16.88 Acres
    Added:
    May 20, 2026
    Days on Market:
    2
    Last Refresh:
    May 21 at 7:06 am

    Property Features for 11125 W 11 Mile Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    04-007-003-05
    Lot size
    16.88 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    PAR ''1'' - SUR REC L 429 PG 456 - PT OF E 1/2 OF NE 1/4 DESC AS COMM @ NE COR OF SEC; TH S01 degrees 06'50''E ALG EAST LN OF SEC 2684.64' TO EAST 1/4 COR OF SEC; TH N89 degrees 59'53''W A DISTANCE OF 500.09' TO WEST LN OF EAST 500' OF EAST 1/2 OF NE 1/4 AND THE TRUE POB; TH N89 degrees 59'53''W ALG SD EAST & WEST 1/4 LN 540.33'; TH N00 degrees 07'47''E A DISTANCE OF 375'; TH N89 degrees 59'53''W PAR WITH SAID EAST & WEST 1/4 LN 286' TO
    Tax Annual Amount
    3796

    Utilities

    Utilities
    Electricity Available
    Water front
    1

    We can help!

    Listing Contact
    Jeff Heglund

    Listing agent Jeff Heglund

    Listing office JH Realty Partners 545 Ada Dr. SE, Ada, MI

    Listing date May 20, 2026

    MLS# 26023495 Listing URL

    Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • River access on property for fishing and recreation
    • Buildable corner lot with a mix of cleared and wooded land
    • Electricity available on the property
    • Ideal for hunting, trail riding, and other outdoor activities
    • Great location in Irons for an up‑north getaway
    • Offers privacy and year‑round outdoor enjoyment

    Overview

    This 16.88-acre recreational parcel is located in Irons, Michigan. The buildable corner lot features a mix of cleared and wooded land, suitable for hunting, recreation, or constructing a getaway. River access on the property provides opportunities for hunting, fishing, and trail riding. Electricity is available. The property offers privacy, nature, and year-round outdoor enjoyment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Irons
    County
    Lake
    State
    Michigan
    Longitude
    -86.024227
    Latitude
    44.146253

    Nearby Similar for Sale

    • $99,900

      Recreational Land Near Federal Land

      15+ acre recreational land with trail access and abundant wildlife.
      6 Mile Road, Irons, MI 49644
      View Details
    • $49,900

      Irons, MI Wooded Land Parcel

      1.12-acre wooded parcel with well, septic, and electric installed.
      8180 N Echo Valley Drive, Irons, MI 49644
      View Details
    • $219,000

      Northern Michigan Hunting Paradise

      45+/- acres bordering Federal Land with storage bunkhouse.
      21210 W 12 Mile Road, Irons, MI 49644
      View Details
    • $55,000

      Irons, MI: 5-Acre Land

      5-acre parcel near trails, lakes, and public land.
      E 10 Mile Road, Irons, MI 49644
      View Details
    • $29,900

      Land in Quiet Irons Hamlet

      Building spot with hardwoods, pines, and walkout basement potential.
      N Caribou Trail, Irons, MI 49644
      View Details
    • $62,000

      Irons, MI 10-Acre Land

      10-acre parcel bordering Manistee National Forest, ideal for recreation.
      2043 N Peacock Trail, Irons, MI 49644
      View Details
    • $48,000

      Land Near Federal Land

      3.3 acre parcel near trails and federal land.
      1388 W 10 Mile Road, Irons, MI 49644
      View Details
    • $1,463,273
      9,100 SF

      Dollar General Freestanding NNN Property

      Freestanding Dollar General NNN property built in 2019.
      5545 W 10 1/2 Mile Rd, Irons, MI 49644
      View Details
    • $219,000

      Riverfront Land with Garage, Irons

      8.92 acre parcel with river frontage and garage.
      10652 N River Road, Irons, MI 49644
      View Details
    • $135,000

      Land with River Frontage

      2.1 acres with 205 feet of Little Manistee River frontage.
      9240 W River Road, Irons, MI 49644
      View Details
    • $289,000

      40 Acres of Wilderness Land

      Unspoiled 40-acre wilderness parcel with mature forest and open acreage.
      10652 N River Road, Irons, MI 49644
      View Details
    • $29,900

      Irons, MI Wooded Land

      1.5-acre wooded parcel in Irons, Michigan with utilities available.
      V/L W Deer Track Trail, Irons, MI 49644
      View Details

    FAQs

    What type of property is this?
    Recreation land - Buildable corner lot with river access, ideal for recreation.
    Where is this recreation land located?
    The property is located at 11125 W 11 Mile Road Irons, MI.
    What is the asking price?
    The asking price for this property is $212,000.
    What are key features of this property?
    This property features: River access on property for fishing and recreation; Buildable corner lot with a mix of cleared and wooded land; Electricity available on the property
    (616) 916-1915
    We can help!
    Listing Contact
    Jeff Heglund
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    11125 W 11 Mile Road, Irons, MI 49644
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!