4687 Stickfort Rd Lewiston, MI 49756
This exceptional 164-acre property in Lewiston, Michigan (Montmorency County, zip code 49756) presents a unique investment opportunity. The land includes a former public airport featuring a 5200-foot asphalt runway and an 80' x 120' airplane hangar equipped with an office and restrooms. The property's potential for redevelopment as a public airport or a fly-in community is significant, given its road and runway frontage. Its prime location offers proximity to recreational amenities, including the Garland Golf Resort (72 holes) and seven lakes within three miles. The property consists of three parcels and is situated adjacent to a separately listed 160-acre property with a 5500 sq ft home and a 375-acre high-fence deer/elk/buffalo ranch. The asking price for this exceptional land is $1,150,000. This is a rare chance to acquire a substantial piece of land with existing infrastructure and significant development potential in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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