Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    4565 Stover Rd, Bellaire, MI 49615

    9,000 SF 15 ac lot Built 1900
    Property ID
    US43-3728960
    Property summary
    AI-generated overview

    This exceptional 15-acre equestrian property in Bellaire, Michigan, presents a unique opportunity for horse enthusiasts and investors alike. The property boasts extensive facilities including four barns totaling approximately 9,000-11,000 square feet of space, with a 120 x 62 covered riding arena. Barn 1 features a large 86 x 44 event area, a 22 x 86 main stall area, additional stall space, and a kitchen. Barn 2 offers an office, two tack rooms, a boarder lounge, grain room, bathroom, and five grooming/tack stalls, plus a hay loft. Barns 3 and 4 provide additional covered arena space and hay storage respectively. The property includes 14 horse stalls in total. Seven pastures, many with apple trees, are equipped with automatic waterers, serviced by a well and an artesian well for the front pastures. Living quarters comprise approximately 899 square feet across two buildings, offering two potential bedrooms and one half bathroom. Heating is provided by wall-mounted propane heaters and a wood stove. High-speed internet is available. The property is conveniently located near Bellaire, with paved county roads providing easy access. Additional amenities include upgraded Electrobraid fencing, a small pond, and agricultural zoning. The property is zoned Resort Residential and sits on APN 05-10-029-001-01. This turnkey operation is offered at $475,000 and is being sold by the owner. The property was built in 1900 and renovated in 2012. Its proximity to Schuss Mountain Resort and Traverse City Horse Shows adds to its appeal. This is a rare opportunity to acquire a well-established equestrian center in a desirable location.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1900
    Total area 9,000 SF
    Lot 15 ac (653,400 SF)
    APN 05-10-029-001-01
    UPID US43-3728960
    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
    • Midnight Acres Hotel & Motel Resort
    • Asher Performance Horses LLC Horse Boarding Stable Service Establishment
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 4565 Stover Rd?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message