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    OFF-MARKET
    Land

    8183 Frst Rd, Marenisco, MI 49947

    40 ac lot
    Property ID
    Property summary
    AI-generated overview

    Own 40 acres of pristine land nestled in Michigan's Ottawa National Forest, near Marenisco (zip code 49947). This private parcel, located at 8183 Forest Road, Gogebic County, offers exceptional recreational opportunities. The property boasts a diverse landscape of hardwoods and pines, with the Little Presque Isle River gracefully flowing along its western border. Its convenient location provides easy access to ATV and snowmobile trails, making it ideal for outdoor enthusiasts. The land is enrolled in the Commercial Forest Act, offering potential tax advantages. This secluded haven is perfect for hunting, and is just minutes from Presque Isle, Wisconsin. Asking price is $69,000. Latitude: 46.4003256, Longitude: -89.6459064. This is a unique opportunity to acquire a significant recreational property in a stunning natural setting. The property is classified as Hunting/Recreational land.

    Property profile
    Verified
    Property type Land
    Lot 40 ac (1,742,400 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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