Mike Heath

Associate Broker, Gaylord Sales Manager
Coldwell Banker Schmidt Realtors, 700 W Main St, Gaylord, MI 49735
989-619-0400
Office: 989-732-6777
Licensed In: Michigan
License #: 6502404382

70 Acres with access on 3 public roads, including access to U.S. 131 Highway. Flat dry ground in a township with no zoning codes makes for low development costs. Electric is adjacent including Three-Phase. Land Contract terms offered: 25% down, Interest @ 8%, & 10 year amortization yields a monthly payment of $1091.95/month. See attached doc with more details on Land Contract terms. Recorded easements for billboards, no income to convey.

Mike Heath

Associate Broker, Gaylord Sales Manager
Coldwell Banker Schmidt Realtors, 700 W Main St, Gaylord, MI 49735
989-619-0400
Office: 989-732-6777
Licensed In: Michigan
License #: 6502404382

70 Acres with access on 3 public roads, including access to U.S. 131 Highway. Flat dry ground in a township with no zoning codes makes for low development costs. Electric is adjacent including Three-Phase. Land Contract terms offered: 25% down, Interest @ 8%, & 10 year amortization yields a monthly payment of $1091.95/month. See attached doc with more details on Land Contract terms. Recorded easements for billboards, no income to convey.

Mike Heath

Associate Broker, Gaylord Sales Manager
Coldwell Banker Schmidt Realtors, 700 W Main St, Gaylord, MI 49735
989-619-0400
Office: 989-732-6777
Licensed In: Michigan
License #: 6502404382

Rare opportunity! 73 Acre equestrian estate borders the Pigeon River State Forest, a 109,000 acre horse-friendly wilderness w/3 rivers. This 3292 sqft home’s open floorplan overlooks 12 acres of landscaped grounds & two ponds. The finishing materials are top-grade, including Viking & Sub-Zero appliances, granite counters, & woodwork found in the highest quality homes. There’s a 48×72 heated horse barn with: 5 stables & room for more, 2nd floor feed storage & delivery, & rodent proof granary. A 30’x50′ extra garage & 20×40 pole barn provide ample storage space. There’s also a guest apt./studio/gun shop with 3/4 bth. 61 acres is thickly forested with elevated trails to hunting blinds & to the Pigeon State Forest. Drone Video: https://bit.ly/38cX267 3D Home tour: https://bit.ly/365Yl46.

Mike Heath

Associate Broker, Gaylord Sales Manager
Coldwell Banker Schmidt Realtors, 700 W Main St, Gaylord, MI 49735
989-619-0400
Office: 989-732-6777
Licensed In: Michigan
License #: 6502404382

Best residential development location in Gaylord, which has a housing shortage. 33 acres, 4 phases, 9 Lots in Phase I ready for sale. Low township taxes. High, flat terrain with sand/gravel soil. Offer includes all perpetually reserved developer rights that Seller possesses. 2 roads reach all parts of the property. Phase I paved & all utilities. Spectrum Internet feeds dev. network; co-owners paying $1.78/mo for 100/5 Mbps. Type I capable water system; 3 6” wells & 6” water main installed in all phases. Nat. gas generator keeps water system & network up without elec. Property mgr./bookkeeper willing to continue through 2021. HOA has substantial reserves to maintain water system & other common elements. 1 member of LLC is a licensed broker. Drone Video: https://bit.ly/3f23yN4.

Mike Heath

Associate Broker, Gaylord Sales Manager
Coldwell Banker Schmidt Realtors, 700 W Main St, Gaylord, MI 49735
989-619-0400
Office: 989-732-6777
Licensed In: Michigan
License #: 6502404382

Best residential development location in Gaylord, which has a housing shortage. 33 acres, 4 phases, 9 Lots in Phase I ready for sale. Low township taxes. High, flat terrain with sand/gravel soil. Offer includes all perpetually reserved developer rights that Seller possesses. 2 roads reach all parts of the property. Phase I paved & all utilities. Spectrum Internet feeds dev. network; co-owners paying $1.78/mo for 100/5 Mbps. Type I capable water system; 3 6” wells & 6” water main installed in all phases. Nat. gas generator keeps water system & network up without elec. Property mgr./bookkeeper willing to continue through 2021. HOA has substantial reserves to maintain water system & other common elements. 1 member of LLC is a licensed broker. Drone Video: https://bit.ly/3f23yN4.

Mike Heath

Associate Broker, Gaylord Sales Manager
Coldwell Banker Schmidt Realtors, 700 W Main St, Gaylord, MI 49735
989-619-0400
Office: 989-732-6777
Licensed In: Michigan
License #: 6502404382

Highly visible commercial vacant land in Gaylord’s fastest growing area. Zoned B-1. Flat parcel primed for development. One of only a few parcels left near meijer, which is right across the street on the same side of the highway. MDOT 2018 traffic count on M-32 is 10,759/day; should grow as Menards opens in 2021 next to meijer. Same side of highway as meijer, their Townline Rd. entrance is across from the middle of this parcel’s east boundary on S. Townline Rd., which had a traffic count of 2836/day in 2018. Survey & positive Phase I Environmental on-file. Natural gas & fast Spectrum Internet. Parcel is more than big enough for restaurant-sized septic field. Prior Deed restrictions: no gas station or dry cleaner.

Mike Heath

Associate Broker, Gaylord Sales Manager
Coldwell Banker Schmidt Realtors, 700 W Main St, Gaylord, MI 49735
989-619-0400
Office: 989-732-6777
Licensed In: Michigan
License #: 6502404382

Highly visible commercial vacant land in Gaylord’s fastest growing area. Zoned B-1. Flat parcel primed for development. One of only a few parcels left near meijer, which is right across the street on the same side of the highway. MDOT 2018 traffic count on M-32 is 10,759/day; should grow as Menards opens in 2021 next to meijer. Same side of highway as meijer, their Townline Rd. entrance is across from the middle of this parcel’s east boundary on S. Townline Rd., which had a traffic count of 2836/day in 2018. Survey & positive Phase I Environmental on-file. Natural gas & fast Spectrum Internet. Parcel is more than big enough for restaurant-sized septic field. Prior Deed restrictions: no gas station or dry cleaner.

Mike Heath

Associate Broker, Gaylord Sales Manager
Coldwell Banker Schmidt Realtors, 700 W Main St, Gaylord, MI 49735
989-619-0400
Office: 989-732-6777
Licensed In: Michigan
License #: 6502404382

House, motel, cabin, & 87′ of frontage on the Thunder Bay River. Gross rent is $6150/mo @ 100% occupancy running 80+% occupancy. Month-to-month guest agreement (easy eviction). 9 motel units rent: $500/mo (7) to $600 (2). Cabin @ $600/mo. House with attached reception office rents @ $800. House is 2-3 Bdr/1 Bth with private door into reception/office. On-site coin-operated laundry. ROI estimated at 17%. Land Contract: 25% down, Interest @ 8%, Amort. at 20.2 yrs = $1250/mo. pmt. 3 yr. Balloon Pmt. Great opportunity to work from home with easy access to Pigeon River State Forest & Thunder Bay River frontage, or investors looking for cash flow. Conveys as currently equipped. Verification of sufficient funds or pre-approval letter prior to confirmation of showing request; 48 hr. notice.

Mike Heath

Associate Broker, Gaylord Sales Manager
Coldwell Banker Schmidt Realtors, 700 W Main St, Gaylord, MI 49735
989-619-0400
Office: 989-732-6777
Licensed In: Michigan
License #: 6502404382

House, motel, cabin, & 87′ of frontage on the Thunder Bay River. Gross rent is $6150/mo @ 100% occupancy running 80+% occupancy. Month-to-month guest agreement (easy eviction). 9 motel units rent: $500/mo (7) to $600 (2). Cabin @ $600/mo. House with attached reception office rents @ $800. House is 2-3 Bdr/1 Bth with private door into reception/office. On-site coin-operated laundry. ROI estimated at 17%. Land Contract: 25% down, Interest @ 8%, Amort. at 20.2 yrs = $1250/mo. pmt. 3 yr. Balloon Pmt. Great opportunity to work from home with easy access to Pigeon River State Forest & Thunder Bay River frontage, or investors looking for cash flow. Conveys as currently equipped. Verification of sufficient funds or pre-approval letter prior to confirmation of showing request; 48 hr. notice.

Mike Heath

Associate Broker, Gaylord Sales Manager
Coldwell Banker Schmidt Realtors, 700 W Main St, Gaylord, MI 49735
989-619-0400
Office: 989-732-6777
Licensed In: Michigan
License #: 6502404382

33.4 acres only 3/4 mi. from U.S. 131 & 1/4 mi. from C-42 (Alba Rd.). 563 ft. of frontage on paved public Cinder Hill Rd. There’s also 633 ft. of frontage on Kregulka Rd., a public, gravel road. Flat, dry ground & no zoning code keeps development costs down. Potential job growth in this area makes this is a promising area to own real estate! Easy drive to Boyne Country & Gaylord. The Jordan River State Forest features one of Michigan’s most spectacular rivers and forests. It features hunting, trout fishing, canoeing/kayaking, camping, mountain bike riding, cross-country skiing, hiking, & incredible views at nearby Deadman’s Hill. There’s also extensive groomed snowmobile trails where you can start riding right from the property, including through the Jordan River Valley.