Property profile

17175 Vondra Rd Thompsonville, MI 49683

OFF-MARKET
Commercial real estate
Property ID
US43-1871914
1.3 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional Thompsonville, MI property offers a unique investment opportunity with two immaculately maintained cabins situated on a 1.16-acre lot. The main cabin boasts 800 square feet of living space, featuring two bedrooms, each with its own bathroom, and a spacious living room and kitchen. The design maximizes space and functionality. A second, 400-square-foot cabin provides additional accommodation or rental potential. The property's prime location offers easy access to outdoor recreation. It's just minutes from Crystal Mountain resort, a short distance from snowmobile and ORV trails, and conveniently close to the Betsie River. The cabins are located directly across from the 231 Bar and Grill, adding to their appeal. This property has a proven track record as a successful rental, and the sale includes all furnishings, making it a truly turnkey operation. With a total of 1200 square feet of living space, this property presents a compelling opportunity for both personal use and lucrative rental income. The combination of location, amenities, and rental history makes this a highly desirable investment. Priced at $256,500.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.3 ac (56,628 SF)
APN 13-012-230-20
UPID US43-1871914

Cap rate & NOI

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

Location

17175 Vondra Rd Thompsonville, MI 49683-9266
Thompsonville metro Census 100
Google Maps

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
$195k

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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