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Property profile & analytics
OFF-MARKET
Commercial real estate

7466 Honeysuckle Ln Republic, MI 49879

960 SF 49 ac lot Built 2005
Property ID
US43-2632680
Property summary
AI-generated overview

This exceptional 49-acre property in Marquette County, Michigan, presents a unique investment opportunity. Boasting 2,762 feet of frontage on the Michigamme River, it offers year-round access via County Road LI. The property includes a lodge featuring two bedrooms, one full bath, and a large open kitchen, dining, and living area with a bar. The second bedroom is plumbed for laundry hookups. Amenities include a full electrical service, an oversized septic system (capable of supporting an additional three-bedroom home), an indoor electric sauna, and appliances (refrigerator, stove, microwave, dishwasher). A 24' x 60' pole building, wired with its own electrical panel and plumbed for in-floor heat, provides ample storage. A second cleared waterfront building site on the southwest side of the property is equipped with its own 100-amp electrical service. Two gravel pits are also located on the property. The property, previously used for potato farming and as a hunting and shooting club, is zoned WR-2, allowing for multiple conditional uses. Nearby recreational opportunities include the Iron Ore Heritage Bike Trail and the #5 ORV/Snowmobile trail. Abundant wildlife, including deer, grouse, turkey, ducks, geese, bear, and various fish species, inhabit the area. A new well was drilled in September 2024. The asking price is $350,000. The 960 square foot lodge was built in 2005. Note that property taxes will adjust upon sale. All dimensions are approximate

Property profile
Verified
Property type Commercial real estate
Year built 2005
Total area 960 SF
Lot 49 ac (2,134,440 SF)
UPID US43-2632680
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
  • Republic Ridge Shooting Preserve Nature Preserve
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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