Property profile

0 Tbd Billie Helmer Rd Deerton, MI 49822

OFF-MARKET
Land
240 ac lot
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Property summary

AI-generated overview

This exceptional 240-acre property in Deerton, Michigan (APN 26003, zip code 49822) presents a unique investment opportunity. Located on TBD Billie Helmer Rd, Alger County, this land boasts mixed-use zoning (Residential, Recreational), allowing for diverse development possibilities. Priced at $157,500 ($656.25/acre), the property features rolling/hilly terrain and is predominantly wooded. A portion of the land was selectively cut several years ago, excluding the west half of the northwest quarter. The property's significant size (10,454,400 square feet) offers ample space for various uses. Its advantageous location provides convenient access to Marquette (approximately 30 minutes west) and Munising (approximately 30 minutes east). Adding to its appeal, this land shares borders with properties owned by the Nature Conservancy (south), Michigan State University (east), and CFA (north and west), ensuring a tranquil and naturally preserved environment. An existing easement is in place. The property is accessible via an unpaved road and is suitable for splitting into smaller parcels. Ideal for hunting (deer, bear, grouse), recreational activities, or a secluded retreat.

Property profile

Verified
Property type Land
Lot 240 ac (10,454,400 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 Billie Helmer 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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