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    For Sale (30)

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    Sugar Springs Camping Lot
    Contact for pricing
    0.36 Acres

    Sugar Springs Camping Lot

    Affordable camping lot with sewer hookup in Sugar Springs.

    59 Worchester Way, Gladwin, MI 48624
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    Two Contiguous Lots in Sugar Springs
    $35,900
    0.70 Acres

    Two Contiguous Lots in Sugar Springs

    Two lots in Sugar Springs with sewer and power hook-up.

    5473 Eastchester Way, Gladwin, MI 48624
    View details
    Golf Course Camping Lot
    $36,000
    0.33 Acres

    Golf Course Camping Lot

    Developed camping lot on the 18-hole championship golf course.

    1829 Linksview Way, Gladwin, MI 48624
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    Vacant Land in Sugar Springs
    Contact for pricing
    0.33 Acres

    Vacant Land in Sugar Springs

    Residential land with golf course views and recreational amenities.

    568 Aberdeen Dr, Gladwin, MI 48624
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    Wooded Land in Sugar Springs
    Contact for pricing
    0.41 Acres

    Wooded Land in Sugar Springs

    Nicely wooded 0.41 acre lot in Sugar Springs.

    5486 Knights Cir, Gladwin, MI 48624
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    Wooded Vacant Lot in Gladwin
    Contact for pricing
    0.35 Acres

    Wooded Vacant Lot in Gladwin

    Beautifully wooded lot near golf course and Hearth Restaurant.

    Iron Lot 324 Trak, Gladwin, MI 48624
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    Vacant Land in Sugar Springs
    $38,500
    0.69 Acres

    Vacant Land in Sugar Springs

    Double lot near lakes, golf, and amenities in Gladwin.

    5432 Worchester Way, Gladwin, MI 48624
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    Gladwin Vacant Land Opportunity
    Contact for pricing
    0.62 Acres

    Gladwin Vacant Land Opportunity

    Two contiguous wooded lots in Sugar Springs, Gladwin, Michigan.

    11 Knights Cir, Gladwin, MI 48624
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    Commercial Property with Dual Entrance
    $120,000
    1,536 SF

    Commercial Property with Dual Entrance

    Versatile commercial property on main thoroughfare with high visibility.

    35 E M-61, Gladwin, MI 48624
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    Residential Land Near Secord Lake
    Contact for pricing
    1.40 Acres

    Residential Land Near Secord Lake

    1.4-acre residential lot near lakes, trails, and shopping.

    00 W Wildwood Rd, Alger, MI 48610
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    Land on Gladwin Airstrip
    $37,500
    0.44 Acres

    Land on Gladwin Airstrip

    Vacant land on airstrip with utilities in Sugar Springs.

    1751 Highlanders Way, Gladwin, MI 48624
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    Vacant Land in Sugar Springs
    Contact for pricing
    0.36 Acres

    Vacant Land in Sugar Springs

    0.36-acre camping/building lot near Lake Lancelot.

    234 Kings Way, Gladwin, MI 48624
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    Land in Sugar Springs, Michigan
    $39,900
    0.73 Acres

    Land in Sugar Springs, Michigan

    Cleared land with amenities in Sugar Springs community.

    5113 Queens Cir, Gladwin, MI 48624
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    Vacant Land Near Lake Lancer
    Contact for pricing
    0.38 Acres

    Vacant Land Near Lake Lancer

    Vacant lot near Berkshire Beach in Sugar Springs community.

    108 Salisbury Dr, Gladwin, MI 48624
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    Vacant Land in Sugar Springs
    Contact for pricing
    0.43 Acres

    Vacant Land in Sugar Springs

    Residential land with golf course views and Sugar Springs amenities.

    569 Aberdeen Dr, Gladwin, MI 48624
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    Vacant Land in Sugar Springs
    $32,500
    0.35 Acres

    Vacant Land in Sugar Springs

    Ready-to-use camping lot with utilities and Sugar Springs amenities.

    4415 Hamilton Way, Gladwin, MI 48624
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    Vacant Land in Sugar Springs
    $59,900
    1.07 Acres

    Vacant Land in Sugar Springs

    Two combined lots totaling 1.07 acres in Gladwin, Michigan.

    4405 Hamilton Way, Gladwin, MI 48624
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    Two Contiguous Lots in Sugar Springs
    $39,900
    0.77 Acres

    Two Contiguous Lots in Sugar Springs

    Two side-by-side lots totaling over 3/4 acre.

    5445 Winchester Way, Gladwin, MI 48624
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    Residential Land in Gladwin, MI
    Contact for pricing
    0.47 Acres

    Residential Land in Gladwin, MI

    Vacant residential land available in Gladwin, Michigan.

    4 Hampton Dr, Gladwin, MI 48624
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    Wooded Lot in Sugar Springs
    Contact for pricing
    0.31 Acres

    Wooded Lot in Sugar Springs

    Wooded lot with potential in Sugar Springs community.

    196 Princess Ct, Gladwin, MI 48624
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    Sugar Springs Vacant Camping Lot
    $32,900
    0.34 Acres

    Sugar Springs Vacant Camping Lot

    Vacant lot in Sugar Springs with well and sewer hook-ups.

    1372 Fairfield Way, Gladwin, MI 48624
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    Residential Land in Sugar Springs
    Contact for pricing
    0.34 Acres

    Residential Land in Sugar Springs

    Vacant corner lot in Sugar Springs with recreational opportunities.

    174 Fairfield Way, Gladwin, MI 48624
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    Three Contiguous Lots in Gladwin
    $68,000
    1.20 Acres

    Three Contiguous Lots in Gladwin

    Three contiguous lots with lake view, ready for recreation/building.

    1450 Dundee Dr, Gladwin, MI 48624
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    Two Lots in Sugar Springs
    $39,900
    0.56 Acres

    Two Lots in Sugar Springs

    Two adjoining lots in Sugar Springs with access to amenities.

    5474 Wellington Rd, Gladwin, MI 48624
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    Vacant Land in Sugar Springs
    Contact for pricing
    0.41 Acres

    Vacant Land in Sugar Springs

    Corner lot in Sugar Springs with access to many amenities.

    Gladwin, MI 48624
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    Vacant Land in Sugar Springs
    Contact for pricing
    0.35 Acres

    Vacant Land in Sugar Springs

    Vacant lot near Lake Lancer with community amenities.

    147 Pickering Rd, Gladwin, MI 48624
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    Vacant Land in Sugar Springs
    Contact for pricing
    0.65 Acres

    Vacant Land in Sugar Springs

    Residential land with well, power, and Sugar Springs amenities.

    2019 Huntington Cir, Gladwin, MI 48624
    View details
    Golf Course View Vacant Land
    Contact for pricing
    0.42 Acres

    Golf Course View Vacant Land

    Corner lot with panoramic golf course views ready for building.

    1627 Shaftsbury Ct, Gladwin, MI 48624
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    Vacant Land in Sugar Springs
    Contact for pricing
    0.35 Acres

    Vacant Land in Sugar Springs

    0.35 acre lot in Sugar Springs community.

    155 Robinhood Way, Gladwin, MI 48624
    View details
    Developed Lot in Sugar Springs
    $32,900
    0.29 Acres

    Developed Lot in Sugar Springs

    Ready-to-camp lot with access to Sugar Springs amenities.

    5438 Kings Way, Gladwin, MI 48624
    View details

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    • For Sale

    Properties for sale

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    SUGAR SPRINGS REAL ESTATE
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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
    SUGAR SPRINGS REAL ESTATE
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