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

    2211 Pebblebrook Dr Kingsley, MI 49649

    Sponsored
    For Sale
    Contact for pricing

    land - KINGSLEY, MI

    Lot size:
    0.75 Acres
    Days on Market:
    28
    Last Refresh:
    Feb 3 at 3:06 am

    Property Features for 2211 Pebblebrook Dr

    General Information

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

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Laura Tarsa
    Laura Tarsa

    Coldwell Banker Schmidt Family Of Companies

    Listing agent Laura Tarsa (866) 603-5140

    Listing date Jan 7, 2026

    MLS# 1925263 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.

    Learn more

    Property Insight Report

    Overview

    Cleared Land Parcel Near Kingsley

    This 0.75-acre lot is cleared and ready for building a new home. It offers accessible Northern Michigan living at an affordable price. The property is located approximately 6 miles from Kingsley and 12 miles from Traverse City. Eastwood Custom Homes is the approved builder for Center Place, offering affordable home plan options to complement this country parcel.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Kingsley
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.6195912
    Latitude
    44.5521892

    Nearby Similar for Sale

    • $400,000
      4,000 SF

      Kingsley Shop Building with Rental Income

      4,000 sqft shop, mobile home, and pond near Kingsley.
      4205 E M-113, Kingsley, MI 49649
      View Details
    • $439,900

      Equestrian Farm with Modern Amenities

      Farm offers country living with modern convenience near Traverse City.
      7550 Townline Rd, Kingsley, MI 49649
      View Details
    • $114,900
      1 SF

      New Storage Condominium Development

      New storage condominium development in Kingsley, with limited units available.
      2821 Lynx Ln, Kingsley, MI 49649
      View Details
    • $139,900

      Uninsulated Warehouse Unit For Sale

      2,000 SF uninsulated warehouse unit located near M-37.
      6819 S M-37, Kingsley, MI 49649
      View Details
    • $140,000

      Freestanding Retail Space in Kingsley

      Retail space in walkable village, high ceilings, great visibility.
      104 S Brownson Ave, Kingsley, MI 49649
      View Details
    • $92,900
      1,000 SF

      Kingsley Mixed-Use Commercial Space

      1000 sq ft Heated Storage Unit, Excellent Location
      6819 M-37, Kingsley, MI 49649
      View Details
    • $400,000
      4,000 SF

      Kingsley Industrial Property w/ Pond

      Shop, Mobile Home, & Pond - Great Income Potential!
      4205 M-113, Kingsley, MI 49649
      View Details
    • $98,900
      1,250 SF

      Kingsley Mixed-Use Storage Unit

      Spacious 1250 sq ft storage, great location!
      6819 M-37, Kingsley, MI 49649
      View Details
    • $400,000
      4,000 SF

      Kingsley Industrial Flex Space

      4,000 sq ft flex space, highway frontage, rental income.
      4205 M-113, Kingsley, MI 49649
      View Details
    • $98,900
      1,250 SF

      Kingsley Mixed-Use Commercial Space

      1250 sq ft unfinished unit, great potential!
      6819 M-37, Kingsley, MI 49649
      View Details
    • $614,900
      18,040 SF

      1471 M-113, Kingsley, MI 49649

      Industrial properties • 18,040 SF
      1471 M-113, Kingsley, MI 49649
      View Details

    FAQs

    What type of property is this?
    Land - Cleared 0.75-acre lot for accessible Northern Michigan living.
    Where is this land located?
    The property is located at 2211 Pebblebrook Dr Kingsley, MI.
    What is the asking price?
    The asking price for this property is $16,000.
    What are key features of this property?
    This property features: - Cleared 3/4 acre lot ready for building.; - Affordable price point for Northern Michigan living.; - Convenient location: 6 miles from Kingsley, 12 miles from Traverse City.
    (231) 633-0858
    Request Owner's contact information
    2211 Pebblebrook Dr Kingsley, MI 49649
    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.
    2211 Pebblebrook Dr
    Kingsley, MI 49649
    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
    2211 Pebblebrook Dr Kingsley, MI 49649
    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
    Laura Tarsa
    Laura Tarsa
    Real Estate License ID: 6502372258
    (231) 633-0858
    Learn more
    Google sign-in failed. Please try again or use another login method.