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

    00 N 1 Road Buckley, MI 49620

    View on Map
    Claim this Listing
    New
    Pending
    $59,900

    Vacant Lot/Land - Buckley, MI

    Lot size:
    9.91 Acres
    Added:
    Apr 22, 2026
    Days on Market:
    4
    Last Refresh:
    Apr 25 at 3:06 pm

    Property Features for 00 N 1 Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Metes and Bounds
    Exterior features
    None, Countryside View
    Standard status
    Pending
    Lot size
    9.91 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1633

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Greg Bosscher
    Greg Bosscher

    Listing agent Greg Bosscher

    Listing office Five Star Real Estate - Shelby St Cadillac 111 N. Shelby Street, Grand Rapids, MI

    Listing date Apr 22, 2026

    MLS# 1944181 Listing URL

    Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vacant Land Near State Land

    Located in the northwest corner of Wexford County, this 10-acre parcel of vacant land is situated a short distance down a gravel road. The eastern edge of the property abuts state land. Underground electric is available at the road. The topography is gently rolling, and the parcel features a mix of hardwoods and evergreens. More than 1000 acres of state land and trails are located a short distance from the property. The location offers access to Wexford, Grand Traverse, Benzie, and Manistee counties.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Auto Parts Store Kitchen & Bath Showroom Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Buckley
    County
    Wexford
    State
    Michigan
    Longitude
    -85.676923
    Latitude
    44.506233

    Nearby Similar for Sale

    • $399,900
      3,920 SF

      Manufacturing/Warehouse Building in Buckley, MI

      Clean 3,920 SF manufacturing building with ample power.
      125 Industrial Drive, Buckley, MI 49620
      View Details
    • $860,000
      2,765 SF

      Established Buckley Bar with Outdoor Gazebo

      Turn-key bar and restaurant with outdoor entertainment and expansion potential.
      116 W Wexford Avenue, Buckley, MI 49620
      View Details
    • $365,000
      1,650 SF

      Versatile Buckley Building: Live/Work Potential

      Multi-zoned property built in 2023, ideal for entrepreneurs or investors.
      107 Purdy Drive, Buckley, MI 49620
      View Details
    • $15,000

      Land Near Lake Gitchegumee

      0.5-acre parcel with deeded lake access and shared amenities.
      Lakeshore Drive lot: 10, Buckley, MI 49620
      View Details
    • $355,000

      Secluded 89-Acre Recreational Land Parcel

      89 acres bordering state land, ideal for recreation or building.
      00 N 1 Rd, WexfordTownship_Wexford, MI 49620
      View Details
    • $74,900

      Expansive Wooded Parcel in Buckley

      6+ acre wooded parcel offers seclusion and tranquility.
      Parcel F-2 N 2 1/2 Road, Hanover Township, MI 49620
      View Details
    • $399,900
      3,920 SF

      Clean Manufacturing Building in Buckley

      3,920 SF manufacturing building with heavy power and air lines.
      125 Industrial Dr, Buckley, MI 49620
      View Details

    FAQs

    What type of property is this?
    Land - 10-acre vacant land parcel abutting state land in Buckley, MI.
    Where is this land located?
    The property is located at 00 N 1 Road Buckley, MI.
    What is the asking price?
    The asking price for this property is $59,900.
    (231) 357-2798
    We can help!
    Listing Contact
    Greg Bosscher
    Greg Bosscher
    Real Estate License ID: 6506046948
    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!