0 Tbd Billie Helmer Rd, Deerton, MI 49822
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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