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470 ACRES LAIRD ROAD
PELKIE, MI 49958

$900,000
MLS# 50213319

 

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PROPERTY DESCRIPTION

Southern Houghton County Timberland Investment Property for sale. This 470 acre upland hardwood parcel checks every box for timber investment. It is primarily upland hardwoods with an extensive internal road network. The Silver River touches the very eastern boundary. There is year round paved road frontage on Laird Road. The acreage has been held by the same family for decades and is enrolled in the Qualified Forest Program. This provides an outstanding tax benefit both with annual savings and capping of the taxable value that passes to the next owner, providing a very low cost of ownership for the asset value while also keeping the parcel privatized. This has been meticulously managed for long term quality hardwood production. Harvesting has been occurred in 10-15 yr rotations with the most recent being in 2021. This would make a great mixed use investment for someone who wants to potentially build a cabin and or use the property for hunting and recreation. A large block of Ottawa National Forest lies adjacent to the parcel on the west side of the road. This is just 17 miles from Baraga. Step into a high quality property with low carrying cost and significant return expected within a 5-10yr window at the time of the next harvest.

 
LOCATION
470 ACRES LAIRD ROAD
Pelkie, MI 49958

County: Houghton

School District: Baraga Area School District

Property Tax Area: Laird Twp (31017)

Waterfront: No
Water Features: Creek/Stream/Brook

Road Access: Access,Gravel,Country,Year Round

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DETAILS
Body of Water Silver River
Acres (Approx.) 470.00
Lot Dimensions irregular
Terrain Treed,Wooded
Road
Wooded
Status: Active
 
 
UTILITIES, HEATING & COOLING

Sewer: None

Water: None

     

Heat:

 

Air Conditioning:

     
 
 
 
PAYMENT CALCULATOR
Loan Amount:
(enter numbers only)
Interest Rate: %
Repayment Period: YEARS
   
MONTHLY PAYMENT
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* The Monthly Payment amount calculated may vary from the actual payment amount. Always consult your financial institution for actual amounts.
 
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Listing Office:
Northern Michigan Land Brokers

Listing Agent:
Sullivan, Rob

 
 
 
 

HOME   |   CONTACT   

 

REAL ESTATE

Search MLS Properties
Today's New Listings

Featured Listings
Land Contract Properties

 

JOURNALS, MEDIA
& MORE

Pic of the Day
Josh's Journal

Property Tax Estimator
Snowfall Total Contest

WEBCAMS

Houghton  Webcam
Bald Eagle Cam
Duluth Canal Cam
Mackinaw Bridge Cam

MTU Campus Cam

HUNTING &
FORESTRY

U.P. Deer Blind
Northwoods Forest Mgmt.

 

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