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
    Campgrounds

    9239 E 8 Mile Rd, Luther, MI 49656

    Built 2024
    Property ID
    Property summary
    AI-generated overview

    This is a rare opportunity to acquire a large-scale Northern Michigan hospitality-ty and lifestyle property located directly across from the Manistee National Forest—one of the Midwest’s premier outdoor destinations. Spanning approximately 168 heavily wooded acres, the property offers immediate access to over 840 square miles of public land and more than 330 miles of trails, creating an exceptional and difficult-to-replicate setting. Currently operated as a private residence with established rental income, the property is well suited for expansion as a campground, glamping retreat, eco-lodge, or destination hospitality business. Strong regional demand for outdoor recreation, combined with the property’s size, infrastructure, and location, pro-vides meaningful upside for future owners. Existing Improvements & Income Infrastructure The property includes multiple income-producing and guest-ready structures, including a large year-round custom yurt, a two-bedroom shipping container home, a modern bathhouse with hot tub, and four established glamping tents. Additional improvements include a large pole barn for storage or operations, livestock pens, a scenic pond, and more than five miles of private internal trails that enhance both guest experience and operational flexibility. Utilities include traditional electric service combined with a renewable solar power system, reducing operating costs and appealing to eco-conscious guests. Location & Recreational Appeal The lifestyle offering is exceptional, with direct proximity to the Manistee National Forest, easy access to ORV and trail systems, and nearby Little Manistee and Pine River access for fishing, kayaking, and paddling. The area supports year-round recreation including hunting, hiking, and riding, delivering an authentic Northern Michigan experience that balances privacy, nature, and accessibility. Development Flexibility The township has no zoning restrictions, with only county and state requirements, offering rare flexibility for future development. New ownership may expand the existing hospitality operation, add lodging or campsites, or enjoy the property as a private retreat with income potential.

    Property profile
    Verified
    Property type Campgrounds
    Year built 2024
    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
    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 9239 E 8 Mile 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