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    For Sale (49)

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    Land for Camping or Building
    $44,900
    2.42 Acres

    Land for Camping or Building

    2.42 acre land perfect for camping, building, or developing.

    W Cedar Rd, Twin Lake, MI 49457
    View details
    Muskegon Land Parcel For Sale
    $169,900
    18.88 Acres

    Muskegon Land Parcel For Sale

    18.88 acre lot in Reeth Puffer School District.

    N Weber Rd, Muskegon, MI 49445
    View details
    Wooded Lake-View Home Site
    $245,000
    1.05 Acres

    Wooded Lake-View Home Site

    Wooded parcel with northern views of Little Black Lake and outlooks toward Hoffmaster State Park acreage.

    7087 Black Lake Rd, Norton Shores, MI 49444
    View details
    Gently Rolling Farmland Tract
    $100,000
    13.90 Acres

    Gently Rolling Farmland Tract

    Mostly flat acreage with utilities available, suited for livestock and flexible residential development in Jefferson County.

    731 Pinewood Ave, Bessemer, AL 35023
    View details
    Muskegon Heights Four-Bedroom Home
    $165,000
    0.14 Acres

    Muskegon Heights Four-Bedroom Home

    Well-maintained four-bedroom home with rental opportunity in Muskegon Heights.

    2417 Leahy St, Muskegon, MI 49444
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    Buildable Lot in Muskegon, MI
    Contact for pricing
    0.14 Acres

    Buildable Lot in Muskegon, MI

    Affordable lot suitable for building, with utilities at the road.

    2413 Leahy St, Muskegon, MI 49444
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    60 Acres Vacant Land
    $274,999
    60.00 Acres

    60 Acres Vacant Land

    60 acres of vacant land near School Section Lake.

    E Madison Rd, Walkerville, MI 49459
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    Muskegon Land For Sale
    Contact for pricing
    0.34 Acres

    Muskegon Land For Sale

    Corner lot building site near lakes in Muskegon, Michigan.

    1125 W Grand Ave, Muskegon, MI 49441
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    Residential Lot in Woodstock, AL
    $40,000
    0.72 Acres

    Residential Lot in Woodstock, AL

    Residential lot with approved perk test and installed water meter.

    25 Olivia Ln, Woodstock, AL 35184
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    Land Lot in Woodstock, AL
    $50,000
    2.00 Acres

    Land Lot in Woodstock, AL

    Two-acre lot with perk test approval and water meter.

    Olivia Ln, Woodstock, AL 35188
    View details
    Retail Building with Corner Lot
    $94,500
    877 SF

    Retail Building with Corner Lot

    For-sale corner retail building on a highway corridor, previously used as a small restaurant and popcorn business.

    6020 S Nelson Rd, Idlewild, MI 49642
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    Land with Views of Bear Lake
    $50,000
    3.00 Acres

    Land with Views of Bear Lake

    Three-acre parcel near Bear Lake with views and driveway access.

    Linderman Rd, Bear Lake, MI 49614
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    Vacant Lot in Norton Shores
    Contact for pricing
    0.15 Acres

    Vacant Lot in Norton Shores

    Level vacant lot in a quiet, established Norton Shores neighborhood.

    2270 Norman Ave, Norton Shores, MI 49441
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    Bessemer Acreage in Camp Creek
    $79,500
    1.37 Acres

    Bessemer Acreage in Camp Creek

    1.37 acre lot in private, gated Bessemer neighborhood.

    Cabin Rd, Bessemer, AL 35022
    View details
    Muskegon Buildable Residential Lot
    Contact for pricing
    0.13 Acres

    Muskegon Buildable Residential Lot

    Buildable lot in Muskegon with utilities available.

    1721 Pine St, Muskegon, MI 49442
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    Two Cottages Near Big Crooked Lake
    $99,900
    0.19 Acres

    Two Cottages Near Big Crooked Lake

    Two updated cottages on separate lots near Big Crooked Lake.

    66476 Oak St, Dowagiac, MI 49047
    View details
    Whitehall Land Parcel For Sale
    $79,900
    2.85 Acres

    Whitehall Land Parcel For Sale

    2.85 acre land parcel in Whitehall, Michigan.

    Whitehall Rd, Whitehall, MI 49461
    View details
    30 Acres Unrestricted Land
    $250,000
    30.00 Acres

    30 Acres Unrestricted Land

    30 acres of unrestricted land, perfect for building a home.

    12179 Deer Chase Rd, Mc Calla, AL 35111
    View details
    Vacant Land in Hart, MI
    $63,000
    1.63 Acres

    Vacant Land in Hart, MI

    Commercial land available in Hart, Michigan.

    10 Parcel Comfort Dr, Hart, MI 49420
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    Residential Lot in Woodstock, AL
    $40,000
    1.40 Acres

    Residential Lot in Woodstock, AL

    Residential lot with approved perk test and installed water meter.

    107 Olivia Ln, Woodstock, AL 35188
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    Residential Lot with Existing Garage
    $40,000
    0.50 Acres

    Residential Lot with Existing Garage

    Half-acre lot with 50x30 garage in quiet, small-town setting.

    5149 Truman Aldrich Pkwy, West Blocton, AL 35184
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    Wooded Homebuilding Lot with Deeded Easement
    $62,000
    6.00 Acres

    Wooded Homebuilding Lot with Deeded Easement

    Wooded land in Bessemer offers a deeded easement for building on a single parcel.

    4376 S Shades Crest Rd, Bessemer, AL 35022
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    Land Near Lake in Brookwood
    $32,500
    0.90 Acres

    Land Near Lake in Brookwood

    Two lots totaling 0.90 acres near the lake.

    2 And 3, Brookwood, AL 35444
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    Wooded Lot Near Lake Michigan
    $180,000
    0.96 Acres

    Wooded Lot Near Lake Michigan

    Desirable wooded lot near beaches and bike path.

    17320 Ferris St, Grand Haven, MI 49417
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    Bessemer Automotive Business For Sale
    $750,000
    0.56 Acres

    Bessemer Automotive Business For Sale

    Operating automotive business and property for sale in Bessemer, AL.

    1307 N 9Th Ave, Bessemer, AL 35020
    View details
    15 Acres in Alabaster, AL
    $150,000
    15.36 Acres

    15 Acres in Alabaster, AL

    15+/- acres zoned R8 in Alabaster, Thompson school system.

    135 2Nd Ave, Alabaster, AL 35007
    View details
    Hart Commercial Property on Polk
    $415,000
    5,360 SF

    Hart Commercial Property on Polk

    Commercial property with showroom and multiple use building on 2.5 acres.

    5140 W Polk Rd, Hart, MI 49420
    View details
    Build-Ready Hunting Tract with Pond
    $399,900
    50.28 Acres

    Build-Ready Hunting Tract with Pond

    Over 50 acres in West Blocton features an old home site, a small pond, and wildlife habitat for outdoor recreation.

    2718 Old Woodstock Rd, West Blocton, AL 35184
    View details
    Residential Lot in Bessemer, AL
    Contact for pricing
    0.71 Acres

    Residential Lot in Bessemer, AL

    0.71-acre lot for building a dream home.

    63 Johnson Dr, Bessemer, AL 35023
    View details
    Residential Land in Lakeview, AL
    Contact for pricing
    0.48 Acres

    Residential Land in Lakeview, AL

    0.48 acre lot suitable for building a home.

    Willow Way Dr, Lakeview, AL 35111
    View details
    Residential Land in Woodstock, AL
    $50,000
    1.50 Acres

    Residential Land in Woodstock, AL

    1.5 +/- acre residential lot in a sought-after area.

    9 And Parcel 5, Woodstock, AL 35188
    View details
    Commercial Land Near New Costco
    $279,900
    0.49 Acres

    Commercial Land Near New Costco

    Commercial land in a rapidly developing area near major thoroughfares.

    1646 Eastwind Dr, Muskegon, MI 49444
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    Residential Lot in Woodstock, AL
    $40,000
    0.77 Acres

    Residential Lot in Woodstock, AL

    Residential lot with perk test approval and installed water meter.

    85 Olivia Ln, Woodstock, AL 35188
    View details
    Residential Land in Established Neighborhood
    $32,500
    0.68 Acres

    Residential Land in Established Neighborhood

    Residential lot suitable for basement home construction near amenities.

    7811 Genery Trl, Mc Calla, AL 35111
    View details
    Muskegon Commercial Property For Sale
    $179,500
    0.64 Acres

    Muskegon Commercial Property For Sale

    Commercial property available in Muskegon, Michigan.

    5880 Commerce Center Dr, Muskegon, MI 49444
    View details
    Vacant Land in Hart, MI
    $63,000
    1.53 Acres

    Vacant Land in Hart, MI

    Commercial land for sale in a great location.

    9 Comfort Dr, Hart, MI 49420
    View details
    Operating Car Wash Investment Opportunity
    $225,000
    3,168 SF

    Operating Car Wash Investment Opportunity

    Fully operational 6-bay self-service car wash for sale.

    1671 E River Rd, Muskegon, MI 49445
    View details
    Renovated Office Building in Muskegon
    $249,900
    2,512 SF

    Renovated Office Building in Muskegon

    Historic office building with modern updates and flexible floor plan.

    1715 Peck St, Muskegon, MI 49441
    View details
    Bessemer Investment Property For Sale
    $999,000
    2.06 Acres

    Bessemer Investment Property For Sale

    Investment property in Bessemer, Alabama, with C3A1 zoning.

    170 Mccalla Rd, Bessemer, AL 35022
    View details
    Residential Lot in Woodstock, AL
    $40,000
    0.99 Acres

    Residential Lot in Woodstock, AL

    Residential lot with approved perk test and installed water meter.

    97 Olivia Ln, Woodstock, AL 35188
    View details
    Fennville Wooded Acreage For Sale
    $349,900
    20.00 Acres

    Fennville Wooded Acreage For Sale

    20 acres of wooded land near Lake Michigan and wineries.

    1816 66Th St, Fennville, MI 49408
    View details
    Land with Pond in Sand Lake
    $48,000
    2.64 Acres

    Land with Pond in Sand Lake

    2.64 acres with wooded areas, open spaces, and pond.

    22 22 Mile Rd, Sand Lake, MI 49343
    View details
    Fruitport Township Office Building
    Contact for pricing
    2,184 SF

    Fruitport Township Office Building

    Office building in Fruitport Township with great open space.

    4756 Airline Rd, Muskegon, MI 49444
    View details
    Duplex with Rental Income Potential
    $225,000

    Duplex with Rental Income Potential

    Duplex with STR certificate, investment opportunity, flexible living options.

    1160 W Laketon Ave, Muskegon, MI 49441
    View details
    Land Available on Eastwind Drive
    $279,900

    Land Available on Eastwind Drive

    Commercial land for sale on Eastwind Drive, Muskegon, MI.

    1646 Eastwind Dr, Muskegon, MI 49444
    View details
    Industrial Property in Bessemer, Alabama
    Contact for pricing
    5,410 SF

    Industrial Property in Bessemer, Alabama

    Industrial property with a history of engine manufacturing.

    1307 N 9Th Ave, Bessemer, AL 35020
    View details
    Unrestricted Land Parcel For Sale
    Contact for pricing

    Unrestricted Land Parcel For Sale

    30 acres of unrestricted land, perfect for building a home.

    12179 Deer Chase Rd, Mc Calla, AL 35111
    View details
    Concord Land Opportunity
    Contact for pricing

    Concord Land Opportunity

    13.9 acres of land suitable for agricultural or residential use.

    731 Pinewood Ave, Bessemer, AL 35023
    View details
    Land Available in Fennville, Michigan
    $349,900

    Land Available in Fennville, Michigan

    Land for sale in Allegan County, near 118th Street.

    1816 66Th St, Fennville, MI 49408
    View details

    For Lease (4)

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    Versatile Commercial Unit in Muskegon
    $16 SF/Yr
    1,100 SF

    Versatile Commercial Unit in Muskegon

    High-traffic commercial unit suitable for office, retail, or service-based businesses.

    1655 E Apple Ave, Muskegon, MI 49442
    View details
    Downtown Muskegon Office Space Available
    $10 SF/Yr
    2,625 SF

    Downtown Muskegon Office Space Available

    2,625 sq ft office space with lake views.

    380 W Western Ave, Muskegon, MI 49440
    View details
    Downtown Muskegon Office Space
    $13 SF/Yr
    1,858 SF

    Downtown Muskegon Office Space

    Class A office suite in downtown Muskegon available for rent.

    380 W Western Ave, Muskegon, MI 49440
    View details
    High-Traffic Commercial Unit For Rent
    $16 SF/Yr

    High-Traffic Commercial Unit For Rent

    Versatile commercial unit with high visibility and flexible layout.

    1655 E Apple Ave, Muskegon, MI 49442
    View details

    Leases and Sales on Map

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    Five Star Real Estate, LLC
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Five Star Real Estate, LLC
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