Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    #58 & #3 Krystal Mdws & Holy Ln Gaylord, MI 49735

    Sponsored
    For Sale
    $50,000

    LAND - Gaylord, MI

    Days on Market:
    214
    Last Refresh:
    Feb 7 at 2:06 pm

    Property Features for #58 & #3 Krystal Mdws & Holy Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RR
    APN
    011-425-000-058-00 & 081-205-000-003-00

    We can help!

    Listing Contact
    Connie L Madej
    Connie L Madej

    The TEAM Real Estate Group (989) 732-6500

    Listing agent Connie L Madej (989) 732-6500

    Listing date Jul 9, 2025

    MLS# 201833662

    Copyright © 2025 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Land Near Five Lakes

    This lot, located minutes from town, is suited for building in a neighborhood setting. It features natural gas and buried utilities, and is not subject to city taxes. The property offers views of Five Lakes. Trenton Woods has a private green belt along the lake separating the lake from the backyard. Land contract terms are available. No clearing of trees is required.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Gaylord
    County
    Otsego
    State
    Michigan
    Longitude
    -84.6766
    Latitude
    44.9934

    Nearby Similar for Sale

    • New
      $1,083,500

      Downtown Gaylord Commercial Property For Sale

      Versatile commercial property with restaurant, store, and food truck potential.
      325 W 2Nd St, Gaylord, MI 49735
      View Details
    • $325,000
      4,822 SF

      Downtown Gaylord Mixed-Use Building

      Commercial building with mixed-use potential and upper-level apartment.
      144 W Main St, Gaylord, MI 49735
      View Details
    • $299,000
      3,750 SF

      Commercial Building Near I-75

      2800 SF building on 1.26 acres near I-75.
      2946 S Old Us Highway 27, Gaylord, MI 49735
      View Details
    • $720,000
      3,704 SF

      Equipped Auto Shop with Expansion

      Well-established auto shop with expansion potential in Gaylord, Michigan.
      936 N Otsego Lake Dr, Gaylord, MI 49735
      View Details
    • $1,250,000
      4,000 SF

      Established Restaurant on I-75

      Profitable restaurant with high visibility and drive-through.
      1250 Marlette Rd, Gaylord, MI 49735
      View Details
    • $265,000
      1,600 SF

      Downtown Gaylord Mixed-Use Property

      Commercial space with office, apartment, and garage in downtown Gaylord.
      1412 S Otsego Ave, Gaylord, MI 49735
      View Details
    • New
      $699,000

      Downtown Gaylord Commercial Property

      Prime commercial property with restaurant and convenience store.
      325 W 2Nd St, Gaylord, MI 49735
      View Details
    • $749,900
      8,000 SF

      Climate-Controlled Storage Investment Opportunity

      Turn-key, 72-unit storage facility with expansion potential in Gaylord.
      1681 S Otsego Ave, Gaylord, MI 49735
      View Details
    • $449,900
      2,520 SF

      Versatile Retail/Commercial Building For Sale

      High-traffic retail/commercial building with modern office and ample parking.
      2443 S Otsego Ave, Gaylord, MI 49735
      View Details
    • $199,900
      1,734 SF

      Gaylord Commercial Building For Sale

      Commercial building in Gaylord, near hospital and Amazon center.
      611 N Center Ave, Gaylord, MI 49735
      View Details
    • $249,999
      4,122 SF

      Restaurant/Bar Opportunity Near Big Lake

      East Gaylord restaurant/bar with ample space and prime location.
      1070 Big Lake Rd, Gaylord, MI 49735
      View Details
    • $499,000

      Downtown Gaylord Commercial Opportunity

      Prime commercial property with real estate and equipment included.
      324 W Main St, Gaylord, MI 49735
      View Details

    FAQs

    What type of property is this?
    Land - Buildable lot near town with lake views and natural gas.
    Where is this land located?
    The property is located at #58 & #3 Krystal Mdws & Holy Ln Gaylord, MI.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: - Lakefront property with breathtaking views of Five Lakes, and without the lakefront taxes!; - No clearing of trees required on this great lot.; - Conveniently located minutes from town with natural gas and buried utilities.
    (989) 370-1096
    Request Owner's contact information
    #58 & #3 Krystal Mdws & Holy Ln Gaylord, MI 49735
    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.
    #58 & #3 Krystal Mdws & Holy Ln
    Gaylord, MI 49735
    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
    #58 & #3 Krystal Mdws & Holy Ln Gaylord, MI 49735
    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

    We can help!
    Listing Contact
    Connie L Madej
    Connie L Madej
    Real Estate License ID: 6501430702
    (989) 370-1096
    Learn more
    Google sign-in failed. Please try again or use another login method.