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Property profile & analytics
OFF-MARKET
Commercial real estate

4687 Stickfort Rd Lewiston, MI 49756

164 ac lot
Property ID
US43-2753836
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 164 ac (7,143,840 SF)
UPID US43-2753836
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
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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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