Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    Graham Real Estate

    198 East Main Street, Harbor Springs, MI 49740
    (231) 526-6251
    Web Site
    Size: under 10 agents

    Agents

    Service Locations

    Property Types

    • Land
    • Commercial Sale

    Listings

    For Sale (48)

    View map
    Golf Course Lot in Harbor Springs
    Contact for pricing
    0.56 Acres

    Golf Course Lot in Harbor Springs

    Residential lot overlooking the 4th fairway and green.

    2807 Greenbriar, Harbor Springs, MI 49740
    View details
    Private Wooded Lots Near Petoskey
    $50,000
    0.78 Acres

    Private Wooded Lots Near Petoskey

    Wooded lots between Harbor Springs and Petoskey, near Lake Michigan.

    8280 Pleasantview Woods Cir, Harbor Springs, MI 49740
    View details
    Private Wooded Lots in Harbor Springs
    $50,000
    0.86 Acres

    Private Wooded Lots in Harbor Springs

    Wooded lots near Boyne Highlands and Lake Michigan.

    8092 Pleasantview Woods Cir, Harbor Springs, MI 49740
    View details
    Luxury Garages in Gated Community
    $1,225,000
    4,320 SF

    Luxury Garages in Gated Community

    Premier property offering luxury garages in a secure, gated community.

    1205 Auto, Harbor Springs, MI 49740
    View details
    Luxury Garages in Gated Community
    $575,000
    2,160 SF

    Luxury Garages in Gated Community

    Premier property with luxury garages for automotive enthusiasts and collectors.

    1217 A Auto, Harbor Springs, MI 49740
    View details
    Wooded Lot Near Lake Michigan
    $50,000
    0.83 Acres

    Wooded Lot Near Lake Michigan

    Private wooded lot near Harbor Springs and Petoskey.

    8473 Pleasantview Woods Cir, Harbor Springs, MI 49740
    View details
    Luxury Garages in Gated Community
    $1,425,000
    6,000 SF

    Luxury Garages in Gated Community

    Premier property with luxury garages for automotive enthusiasts and collectors.

    1229 Auto, Harbor Springs, MI 49740
    View details
    Brewery Restaurant on Main Street
    $595,000
    3,797 SF

    Brewery Restaurant on Main Street

    Modern brewery restaurant on Main Street in Cross Village.

    6352 N Lake Shore Dr, Harbor Springs, MI 49740
    View details
    Private Wooded Lots in Harbor Springs
    $75,000
    0.81 Acres

    Private Wooded Lots in Harbor Springs

    Wooded lots near Harbor Springs and Petoskey, close to amenities.

    8384 Pleasantview Woods Cir, Harbor Springs, MI 49740
    View details
    Wooded Lot Near Lake Michigan
    $60,000
    0.89 Acres

    Wooded Lot Near Lake Michigan

    Private wooded lot near Harbor Springs and Petoskey.

    8040 Pleasantview Woods Cir, Harbor Springs, MI 49740
    View details
    Private Wooded Lots Near Lake
    $50,000
    0.82 Acres

    Private Wooded Lots Near Lake

    Serene wooded lots between Harbor Springs and Petoskey.

    8305 Pleasantview Woods Cir, Harbor Springs, MI 49740
    View details
    Private Wooded Lots in Harbor Springs
    $50,000
    0.87 Acres

    Private Wooded Lots in Harbor Springs

    Wooded lots near Boyne Highlands, Nubs Nob, and Lake Michigan.

    Tbd Pleasantview Wood, Harbor Springs, MI 49740
    View details
    Residential Land in Petoskey, MI
    $42,500
    0.81 Acres

    Residential Land in Petoskey, MI

    Residential land for sale in a serene Northern Michigan location.

    3428 Siebenhar Way, Petoskey, MI 49770
    View details
    Versatile Commercial Building in Petoskey
    $465,000
    2,700 SF

    Versatile Commercial Building in Petoskey

    Well-maintained commercial building with updated office and spacious workshop.

    2489 N Us 31, Petoskey, MI 49770
    View details
    80 Acres Near Burt Lake
    $450,000
    80.00 Acres

    80 Acres Near Burt Lake

    Land with lake access, ideal for recreation or building.

    Tbd Hardwood, Brutus, MI 49716
    View details
    Private Wooded Lots Near Lake
    $50,000
    0.70 Acres

    Private Wooded Lots Near Lake

    Serene wooded lots between Harbor Springs and Petoskey.

    8466 Pleasantview Woods Cir, Harbor Springs, MI 49740
    View details
    Private Wooded Lots in Harbor Springs
    $50,000
    0.92 Acres

    Private Wooded Lots in Harbor Springs

    Serene wooded lots near Lake Michigan, ideal for building.

    8489 Pleasantview Woods Cir, Harbor Springs, MI 49740
    View details
    Ski In/Out Homesite
    $199,900
    0.50 Acres

    Ski In/Out Homesite

    Homesite at the Highlands, build your dream home!

    1339 Andover Club Dr, Harbor Springs, MI 49740
    View details
    Wooded Lots Near Lake Michigan
    $50,000
    0.82 Acres

    Wooded Lots Near Lake Michigan

    Private wooded lots between Harbor Springs and Petoskey.

    8409 Pleasantview Woods Cir, Harbor Springs, MI 49740
    View details
    Private Wooded Lots in Harbor Springs
    $50,000
    0.83 Acres

    Private Wooded Lots in Harbor Springs

    Wooded lots near Harbor Springs and Petoskey, starting at $50,000.

    8110 Pleasantview Woods Cir, Harbor Springs, MI 49740
    View details
    Private Wooded Lots Near Lake
    $50,000
    0.81 Acres

    Private Wooded Lots Near Lake

    Wooded lots between Harbor Springs and Petoskey, near Lake Michigan.

    8128 Pleasantview Woods Cir, Harbor Springs, MI 49740
    View details
    Residential Land with Lake Views
    $160,000
    0.90 Acres

    Residential Land with Lake Views

    Residential land offering spectacular views near Petoskey and Harbor Springs.

    3125 Old Orch, Petoskey, MI 49770
    View details
    Private Wooded Lots in Harbor Springs
    $50,000
    0.83 Acres

    Private Wooded Lots in Harbor Springs

    Wooded lots near Lake Michigan, perfect for building a home.

    8085 Pleasantview Woods Cir, Harbor Springs, MI 49740
    View details
    Private Wooded Lots Near Petoskey
    $50,000
    0.82 Acres

    Private Wooded Lots Near Petoskey

    Wooded lots between Harbor Springs and Petoskey near Lake Michigan.

    8067 Pleasantview Woods Cir, Harbor Springs, MI 49740
    View details
    Golf Course View Vacant Lot
    $79,900
    0.81 Acres

    Golf Course View Vacant Lot

    Vacant lot with golf course views in Harbor Springs, MI.

    863 Aronimink Dr, Harbor Springs, MI 49740
    View details
    Wooded Lot Near Lake Michigan
    $85,000
    0.92 Acres

    Wooded Lot Near Lake Michigan

    Secluded wooded lot near Harbor Springs and Petoskey.

    8007 Pleasantview Woods Cir, Harbor Springs, MI 49740
    View details
    Harbor Springs Commercial Land Opportunity
    $184,900
    1.01 Acres

    Harbor Springs Commercial Land Opportunity

    Prime commercial land in a desirable Harbor Springs business corridor.

    8525 Commerce Ct, Harbor Springs, MI 49740
    View details
    Birchwood Country Club Farm View
    $60,000
    1.11 Acres

    Birchwood Country Club Farm View

    Corner lot with lake, field, and forest views.

    1222 Timber Pass, Harbor Springs, MI 49740
    View details
    Private Wooded Lots For Sale
    $50,000
    0.86 Acres

    Private Wooded Lots For Sale

    Wooded lots between Harbor Springs and Petoskey, close to amenities.

    8153 Pleasantview Woods Cir, Harbor Springs, MI 49740
    View details
    Private Wooded Lots in Harbor Springs
    $50,000
    0.91 Acres

    Private Wooded Lots in Harbor Springs

    Wooded lots near Harbor Springs and Petoskey, starting at $50,000.

    8323 Pleasantview Woods Cir, Harbor Springs, MI 49740
    View details
    Private Wooded Lots Near Lake
    $50,000
    0.85 Acres

    Private Wooded Lots Near Lake

    Wooded lots between Harbor Springs and Petoskey, Michigan.

    8133 Pleasantview Woods Cir, Harbor Springs, MI 49740
    View details
    Private Wooded Lots Near Lake
    $50,000
    0.95 Acres

    Private Wooded Lots Near Lake

    Serene wooded lots between Harbor Springs and Petoskey.

    8339 Pleasantview Woods Cir, Harbor Springs, MI 49740
    View details
    Private Wooded Lots in Harbor Springs
    $50,000
    0.84 Acres

    Private Wooded Lots in Harbor Springs

    Serene wooded lots near Harbor Springs and Petoskey.

    8447 Pleasantview Woods Cir, Harbor Springs, MI 49740
    View details
    Commercial Land on Crooked River
    $475,000
    0.87 Acres

    Commercial Land on Crooked River

    Commercial property with boat slips and gas pump on waterway.

    6320 & 6332 Riv, Alanson, MI 49706
    View details
    Wooded Lot Near Lake Michigan
    $60,000
    0.89 Acres

    Wooded Lot Near Lake Michigan

    Private wooded lot near Harbor Springs and Petoskey.

    8058 Pleasantview Woods Cir, Harbor Springs, MI 49740
    View details
    Private Wooded Lots in Harbor Springs
    $50,000
    0.73 Acres

    Private Wooded Lots in Harbor Springs

    Wooded lots near Boyne Highlands, Nubs Nob, and Lake Michigan.

    8144 Pleasantview Woods Cir, Harbor Springs, MI 49740
    View details
    Private Wooded Lots in Harbor Springs
    $50,000
    0.82 Acres

    Private Wooded Lots in Harbor Springs

    Serene wooded lots near Harbor Springs and Petoskey.

    8178 Pleasantview Woods Cir, Harbor Springs, MI 49740
    View details
    Waterfront Lot on Lake Michigan
    $994,900
    0.74 Acres

    Waterfront Lot on Lake Michigan

    Elevated wooded lot with 100' frontage on Lake Michigan.

    4260 S Lake Shore Dr, Harbor Springs, MI 49740
    View details
    Ski In/Out Homesite
    $125,000
    0.50 Acres

    Ski In/Out Homesite

    Wooded homesite for building a dream home.

    1412 Andover Club Dr, Harbor Springs, MI 49740
    View details
    Homesite on Highlands Golf Course
    $75,000
    1.00 Acre

    Homesite on Highlands Golf Course

    Homesite on the 18th hole of the Hills course.

    4080 West Ridge Ct, Harbor Springs, MI 49740
    View details
    Harbor Springs Wooded Golf Course Lot
    Contact for pricing
    1.00 Acre

    Harbor Springs Wooded Golf Course Lot

    Wooded lot on Chestnut Valley Golf Course, near ski areas.

    1253 Walkabout Ln, Harbor Springs, MI 49740
    View details
    Private Wooded Lots Near Lake
    $50,000
    0.82 Acres

    Private Wooded Lots Near Lake

    Wooded lots between Harbor Springs and Petoskey, near Lake Michigan.

    8196 Pleasantview Woods Cir, Harbor Springs, MI 49740
    View details
    Wooded Lots Near Lake Michigan
    $75,000
    1.00 Acre

    Wooded Lots Near Lake Michigan

    Private wooded lots near Harbor Springs and Petoskey.

    8378 Pleasantview Woods Cir, Harbor Springs, MI 49740
    View details
    Harbor Springs Wooded Lot
    $129,900
    1.15 Acres

    Harbor Springs Wooded Lot

    Wooded lot near Lake Michigan in Harbor Springs, Michigan.

    8385 Seven Mile Point Ct, Harbor Springs, MI 49740
    View details
    Private Wooded Lots in Harbor Springs
    $50,000
    0.82 Acres

    Private Wooded Lots in Harbor Springs

    Wooded lots near Boyne Highlands and Lake Michigan.

    8049 Pleasantview Woods Cir, Harbor Springs, MI 49740
    View details
    Private Wooded Lots Near Lake
    $50,000
    0.87 Acres

    Private Wooded Lots Near Lake

    Wooded lots between Harbor Springs and Petoskey, near Lake Michigan.

    8484 Pleasantview Woods Cir, Harbor Springs, MI 49740
    View details
    Residential Lot in Harbor Springs
    Contact for pricing
    0.56 Acres

    Residential Lot in Harbor Springs

    Residential lot near ski resorts and recreational activities.

    165 Pleasant Valley Dr, Harbor Springs, MI 49740
    View details
    Wooded Lot with Creek Access
    $254,500
    0.86 Acres

    Wooded Lot with Creek Access

    Wooded lot featuring natural gas, fiber cable, and creek access.

    5076 Oden Rd, Alanson, MI 49706
    View details

    Leases and Sales on Map

    • For Sale

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    Graham Real Estate
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Graham Real Estate
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!