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

    216 S Us 23 Harrisville, MI 48740

    Sponsored
    For Sale
    $375,000

    COMMERCIAL - Ranch - Harrisville, MI

    Type:Single Family Residence
    Property size:
    3,168 SF
    Lot size:
    21.75 Acres
    Days on Market:
    7
    Last Refresh:
    Jan 29 at 7:06 am

    Property Features for 216 S Us 23

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Residence
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    01-120-120-013-160-01
    Parking
    25
    Parking features
    Garage, Parking Lot, Driveway, Off Street, Gated
    Exterior features
    Dog Run, Fire Pit, Gray Water System, Lighting, Playground, Private Entrance
    Size
    3,168 SF
    Lot size
    21.75 Acres

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Septic Tank
    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1940
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete
    Building materials
    Aluminum Siding
    Architectural style
    Ranch
    Additional Structures
    Kennel/Dog Run, Storage

    We can help!

    Listing Contact
    Kenneth Burton
    Kenneth Burton

    Keller Williams Realty (517) 853-1200

    Listing agent Kenneth Burton (517) 242-2000 License #6501414220

    Listing date Jan 23, 2026

    MLS# 291118

    Copyright © 2026 Greater Lansing Association 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

    Campground with Expansion Potential

    Campdoyawanna Campground, situated in Harrisville, Michigan, presents an opportunity to acquire an established campground on over 21 acres. The property features more than 25 wooded campsites equipped with full hook-up options, including 20, 30, and 50 amp electric service, as well as fire pits. Expansion is approved, with site plans in place for 100 additional campsites and shower facilities. Campground amenities include an on-site camp store, Wi-Fi throughout the park, a playground, bike rentals, and a dump station. The property is pet-friendly and connected to city water. A public car wash on-site generates additional daily income. Furthermore, the property includes three 16' x 35' bays with 10' x 10' overhead doors, suitable for storage, operations, or rental income. Recreation options such as hiking, fishing, and Lake Huron beaches are located nearby. The property's location along US-23 provides visibility and accessibility, attracting seasonal guests and travelers exploring Michigan's Sunrise Side. The property size is 3168 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Campgrounds

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Auto Repair Shop Hair Salon Hotel & Motel Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Harrisville
    County
    Alcona
    State
    Michigan
    Longitude
    -83.300233
    Latitude
    44.651016

    Nearby Similar for Sale

    • $1,200,000
      21,680 SF

      Operating Nursing Home on 11 Acres

      Operating 5-star nursing home with diverse care services on 11 acres.
      790 Us-23 S, Harrisville, MI 48740
      View Details
    • $325,000
      8,900 SF

      Entertainment Destination with Redevelopment Potential

      Fully equipped entertainment property with redevelopment potential on 1.87 acres.
      226 Us-23, Harrisville, MI 48740
      View Details
    • $325,000
      9,016 SF

      Versatile Commercial Property in Harrisville

      9,016 SF commercial property on 1.07 acres for sale.
      117 S State St, Harrisville, MI 48740
      View Details
    • $299,700

      19-Acre Orchard Property with Pond

      19-acre property featuring an orchard, pond, and energy-efficient home.
      3025 NE Lakeshore Dr, Harrisville, MI 48740
      View Details
    • $399,900

      Turn-Key Retail Property For Sale

      Remodeled retail property with on-site apartment and highway visibility.
      108 N Us Hwy, Harrisville, MI 48740
      View Details

    FAQs

    What type of property is this?
    Campground - Established campground on 21+ acres with expansion approval near Lake Huron.
    Where is this campground located?
    The property is located at 216 S Us 23 Harrisville, MI.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - 21+ acre campground featuring 25+ spacious, wooded campsites with full hook-up options.; - Expansion approved for 100 additional campsites and shower facilities.; - Multi-revenue streams include campground, public car wash, propane and firewood sales, plus potential rental income.
    (517) 242-2000
    Request Owner's contact information
    216 S Us 23 Harrisville, MI 48740
    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.
    216 S Us 23
    Harrisville, MI 48740
    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
    216 S Us 23 Harrisville, MI 48740
    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
    Kenneth Burton
    Kenneth Burton
    Real Estate License ID: 6501414220
    (517) 242-2000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.