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

    21955 S STEINBECK ROAD Rudyard, MI 49780

    View on Map
    For Sale
    $89,500

    land - RUDYARD, MI

    Lot size:
    15.00 Acres
    Added:
    Dec 31, 2025
    Days on Market:
    91
    Last Refresh:
    Apr 1 at 7:06 am

    Property Features for 21955 S STEINBECK ROAD

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    15.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Amber Hokse

    Listing agent Amber Hokse

    Listing office Woodland Schmidt 51 East Main, MI

    Listing date Dec 31, 2025

    MLS# 25038908 Listing URL

    Copyright © 2026 Coldwell Banker Schmidt REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    15-Acre Farmland Parcel in Rudyard

    This 15-acre parcel of farmland offers possibilities for self-sufficient living. The property includes a spacious garden and a productive hay field, providing ample space for agricultural pursuits. Electricity and a private well are already in place. A 24x32 garage features an insulated room. A foundation is on the property to add to the ease of moving your 28x56 home onto the property. The property is located on the corner of a state highway and a gravel dead end road, providing both quiet and easy access to a main road. The greenhouse and coverall are not included with the sale of the property. The property is located in Rudyard, MI.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Rudyard
    County
    Chippewa
    State
    Michigan
    Longitude
    -84.5084319
    Latitude
    46.1888674

    Nearby Similar for Sale

    • $349,000

      Turnkey Bar/Restaurant in Rudyard, MI

      Turnkey bar/restaurant with licenses, furnishings, and equipment included.
      18794 S Tilson RD, Rudyard, MI 49780
      View Details
    • $1,234,000

      Historic Farmland Estate in Rudyard, MI

      417-acre historic farmland with tillable acreage and potential building sites.
      22508 S Hantz Road, Rudyard, MI 49780
      View Details
    • $89,500

      15-Acre Farmland Parcel in Rudyard

      15-acre farmland with garden, hay field, well, and electricity.
      21955 S Steinbeck RD, Rudyard, MI 49780
      View Details
    • $75,000

      50 Acres Wooded Land

      50 acres of wooded land bordering state land.
      S Bound RD, Rudyard, MI 49780
      View Details
    • $1,234,000

      Historic Farmland in Chippewa County

      417-acre farmland with tillable acreage and potential building sites.
      22508 S Hantz, Rudyard, MI 49780
      View Details
    • $89,500

      15-Acre Farmland Parcel in Rudyard

      15 acres of farmland with well, electricity, and garage.
      21955 S STEINBECK RD, RUDYARD, MI 49780
      View Details
    • $320,000

      Productive Farm and Hunting Land

      160-acre farm with pasture and hunting potential in Rudyard, MI.
      000 W M-48 HWY, RUDYARD, MI 49774
      View Details
    • $89,500

      15-Acre Farmland Parcel in Rudyard

      15 acres with well, electricity, and garage near state highway.
      21955 S Steinbeck Road, Rudyard, MI 49780
      View Details
    • $320,000

      Productive Land in Rudyard, MI

      160-acre parcel suitable for farming, hunting, or quiet enjoyment.
      W M-48 HWY, Rudyard, MI 49774
      View Details
    • $160,000

      320 Acres Rudyard Land Parcel

      Large land parcel surrounded by state land with ponds.
      320 ACRES AHO ROAD, RUDYARD, MI 49780
      View Details
    • $55,000

      30 Acres Vacant Land, Rudyard

      30 acres of vacant land ideal for building.
      Tbd S Mackinac TRL, Rudyard, MI 49780
      View Details
    • $149,999

      Secluded 280-Acre Hunting and Recreational Land

      280 acres of secluded, wooded land ideal for hunting.
      V/L 280A H-40, Rudyard, MI 49780
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 15-acre farmland with well, electricity, and garage in Rudyard, MI.
    Where is this agricultural land / farmland located?
    The property is located at 21955 S STEINBECK ROAD Rudyard, MI.
    What is the asking price?
    The asking price for this property is $89,500.
    What are key features of this property?
    This property features: 15‑acre parcel ideal for self‑sufficient living and agricultural pursuits.; Electricity and a private well are already in place.; Foundation on the property allows for easy placement of a 28x56 home.
    (616) 405-2012
    We can help!
    Listing Contact
    Amber Hokse
    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!