Property profile

17437 Almira Rd Lake Ann, MI 49650

OFF-MARKET
Other commercial real estate
Property ID
US43-3435158
11.69 ac lot
Entity Owned Free & Clear
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Property summary

AI-generated overview

This property is an operating lumber company and sawmill located on an 11.70-acre parcel in Lake Ann, Michigan. The site includes an onsite 1-bedroom, 1.5-bathroom home/office and provides an additional private building site with mature hardwoods that could support future residential development if redeveloped. The land supports sawmill operations with included outbuildings and the onsite wood inventory and equipment necessary for milling. The facility has historically operated under a contract arrangement to supply wood for Platt River and DH Day Campgrounds. The property comprises approximately 8,790 square feet of building area and is zoned non-conforming for both commercial and residential use.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 11.69 ac (509,216 SF)
APN 01-021-004-10
UPID US43-3435158

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
  • Mill Factory
  • Mill Factory

Location

17437 Almira Rd Lake Ann, MI 49650-9600
Lake Ann metro Census 101 TRAVERSE CITY, MI MICROPOLITAN 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
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Blend (final) Blend
$85k

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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