Property profile

10896 Stoney Pt Dr Delton, MI 49046

OFF-MARKET
Commercial real estate
Property ID
US43-4462816
1.21 ac lot
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Southwest Michigan campground presents a lucrative investment opportunity. Situated on an all-sports lake boasting over 1,000 feet of frontage and encompassing 1.35 acres, this established business features 28 RV campsites, each equipped with individual electric meters and access to public sewer. Many sites also offer the convenience of private boat docks. A shared bathroom and shower facility, along with a communal social area, cater to campers' needs. The property's expansive layout and stunning views offer significant development potential. The existing infrastructure, including the well-maintained campsites and amenities, provides a solid foundation for immediate revenue generation. The property's location on the lake provides exceptional recreational opportunities, attracting a consistent stream of visitors. While currently operating as a campground, the expansive 1.35-acre parcel could be easily subdivided, presenting further development possibilities. Adjacent properties, including a home to the south and a smaller parcel to the north, are available for separate purchase, offering potential for expansion or synergistic development. The property's 600 square foot building houses the campground's amenities. This turnkey operation is poised for continued growth and offers a unique blend of established business and significant development potential. The asking price is $1,400,000.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.21 ac (52,664 SF)
Zoning code RECREATONIAL LA
APN 08-03-130-002-00
UPID US43-4462816

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Campground & RV Park

Location

10896 Stoney Pt Dr Delton, MI 49046-7721
Delton metro Census 10601 GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$205k

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2014
$250,000

Zoning & alternative use

RECREATONIAL LA · Delton, MI

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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