Property profile

0 Tbd Rock Riv Rd Deerton, MI 49822

OFF-MARKET
Land
407 ac lot
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Property summary

AI-generated overview

This exceptional 407-acre parcel of commercial land presents a unique investment opportunity in Alger County, Michigan. Located on TBD Rock River Road in Deerton, MI, 49822, this property boasts excellent year-round access, making it ideal for a variety of uses. The land is currently managed as forestland, providing a sustainable resource and attracting abundant wildlife. The area is renowned for its exceptional hunting opportunities, with a significant population of whitetail deer and black bears. Enthusiastic grouse hunters will find this property a paradise, offering seemingly endless acreage to explore. Beyond hunting, the property's proximity to numerous streams and inland lakes provides excellent fishing opportunities. The location is also incredibly convenient, situated between Marquette and Munising, offering easy access to amenities and services. Lake Superior is just minutes to the north, while Lake Michigan is approximately an hour to the south. The asking price for this expansive and versatile property is $585,650. Broker co-op is available. This is a rare chance to acquire a substantial tract of land in a highly desirable location with exceptional recreational potential. The property's size and location make it suitable for a variety of commercial ventures, from hunting and fishing operations to sustainable forestry management. Don't miss this opportunity to own a piece of Michigan's natural beauty.

Property profile

Verified
Property type Land
Lot 407 ac (17,728,920 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Tbd Rock Riv Rd Deerton, MI 49822
Deerton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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