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    OFF-MARKET
    Commercial real estate

    10896 Stoney Pt Dr, Delton, MI 49046-7721

    1.21 ac lot
    Individually Owned 2-yr Hold Free & Clear
    Property ID
    US43-4462816
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Stoney Point Trailer Pk Campground & RV Park
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Ken E Tomlin · 2 yrs held
    Ken E Tomlin
    since 2024
    2 recorded transactions
    2024
    2014
    $250,000
    Zoning & alternative use
    RECREATONIAL LA · Delton, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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