Add Listing
    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

    0 McKinley #2 East China, MI 48054

    View on Map
    Picture of Land at 0 McKinley #2, East China, MI
    For Sale
    Under Contract
    $59,900

    Vacant Land - East China, MI

    Lot size:
    3.22 Acres
    Added:
    Mar 12, 2024
    Days on Market:
    752
    Last Refresh:
    Apr 2 at 4:06 am

    Property Features for 0 McKinley #2

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Agricultural
    Standard status
    Active Under Contract
    APN
    74-13-020-3003-260
    Lot size
    3.22 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Georgia Osterland

    Listing agent Georgia Osterland License #6501268598

    Listing office J. A. Bachler Realtor 414 S. Water Street, Marine City, MI

    Listing date Mar 12, 2024

    MLS# 50135662 Listing URL

    Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East China Vacant Land Available

    This is a buildable property featuring an open country view, encompassing 3.22 acres. The land has 220 feet of frontage and offers accessibility to I-94. Well and septic placement will be determined according to county and township guidelines. The property is located in East China, MI.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    East China
    County
    St. Clair
    State
    Michigan
    Longitude
    -82.576181
    Latitude
    42.812937

    Nearby Similar for Sale

    • $699,000
      205,168 SF

      Prime Commercial Land Opportunity

      4.71-acre commercial land parcel at high-visibility corner.
      5010 Marine City Hwy, East China, MI 48054
      View Details
    • $499,000

      24.66 Acres Vacant Development Land

      24.66 acres of vacant land ideal for mixed-use development.
      Booth, East China, MI 48054
      View Details
    • $37,000

      Canal Front Buildable Lot

      Vacant land ready to build on with public utilities.
      00 River, East China, MI 48054
      View Details
    • $714,997

      130 Acres Development Opportunity

      130 acres of land with development potential in East China.
      0 King, East China, MI 48054
      View Details
    • $79,000

      Buildable Lot with Water View

      Vacant lot ready for custom home with water view.
      3648 River, East China, MI 48054
      View Details
    • $69,900

      East China Vacant Land Parcel

      5.65 acre cleared lot with natural gas available.
      Parcel B McKinley, East China, MI 48054
      View Details
    • $995,000
      30 SF

      Industrial Land Near I-94

      30.98 acres of industrial-zoned land close to I-94.
      China, MI 48054
      View Details
    • $64,900

      East China Vacant Land Parcel

      5.7 acre cleared lot with natural gas available.
      Parcel A McKinley, East China, MI 48054
      View Details
    • $65,000

      East China Vacant Land Parcel

      3.22 acre building site with natural gas access.
      V/L McKinley, East China, MI 48054
      View Details
    • $249,000

      20+ Acre Vacant Land Parcel

      20.61 acres in East China, Michigan, suitable for development.
      Booth, East China, MI 48054
      View Details
    • $475,000
      4 SF

      4.23 Acres Corner Lot

      Corner lot zoned B-2, 6 miles from I-94.
      Saint Clair Hwy & King Rd, China Township, MI 48054
      View Details
    • $150,000

      Vacant Land Near Hospital

      0.87 acres of vacant land for medical office use.
      4160 River Rd, East China, MI 48054
      View Details

    FAQs

    What type of property is this?
    Land - 3.22 acres of buildable land in East China, MI.
    Where is this land located?
    The property is located at 0 McKinley #2 East China, MI.
    What is the asking price?
    The asking price for this property is $59,900.
    What are key features of this property?
    This property features: 3.22 acre buildable property, offering ample space for your dream home or development.; Enjoy an open country view, providing a peaceful and scenic backdrop.; Features 220 feet of frontage, offering excellent road presence.
    (810) 300-3689
    We can help!
    Listing Contact
    Georgia Osterland
    Real Estate License ID: 6501268598
    Learn More
    Request Owner's contact information
    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
    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!