Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Land in Lake Community Title is generated by Realmo AI

    3549 Majestic Court, Hillsdale, MI 49242

    View on Map
    Claim this Listing
    For Sale
    $99,000

    LAND - Hillsdale, MI

    Lot size:
    0.23 Acres
    Added:
    Apr 7, 2026
    Days on Market:
    58
    Last Refresh:
    Jun 3 at 6:06 am

    Property Features for 3549 Majestic Court

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    11-165-010-007
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 8 BLOCK J PLAT OF WILDWOOD BEACH
    Tax Annual Amount
    499

    Utilities

    Utilities
    Phone Available
    Water front features
    Lake
    Water front
    1

    We can help!

    Listing Contact
    Karen Foust

    Listing agent Karen Foust License #6506048648

    Listing office CENTURY 21 Affiliated 55 Spring Street, Hillsdale, MI

    Listing date Apr 7, 2026

    MLS# 26013989 Listing URL

    Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Access to All‑Sport Lake Wilson
    • 30x40 heated two‑story garage
    • Peaceful, tree‑studded, private lake community
    • Located in Hillsdale County, Michigan
    • Waterfront Features: Lake
    • Phone Available

    Overview

    This property is located in Hillsdale County, Michigan, and offers access to All-Sport, Lake Wilson. The land includes a 30x40 heated two-story garage. The setting is characterized as peaceful and tree-studded within a private lake community. The lot size is 0.23 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Big Box & Wholesale Store Hotel & Motel Electrical Service Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Hillsdale
    County
    Hillsdale
    State
    Michigan
    Longitude
    -84.681
    Latitude
    41.880695

    Nearby Similar for Sale

    • $1,300,000
      13,000 SF

      Family Entertainment Destination with Restaurant

      Profitable family entertainment destination with Cottage Inn restaurant and fun park.
      3883 W Carleton Road, Hillsdale, MI 49242
      View Details
    • $189,000
      5,146 SF

      Turn-Key Donut and Ice Cream Business

      Established donut and ice cream business for sale in Hillsdale.
      45 N Broad Street, Hillsdale, MI 49242
      View Details
    • $300,000

      Hillsdale Commercial Land Opportunity

      Prime 2.5+/- acre commercial land in Hillsdale, Michigan.
      2806 W Carleton Road, Hillsdale, MI 49242
      View Details
    • $369,900
      6,135 SF

      Industrial Warehouse Property

      Versatile warehouse facility with two tax IDs included, offering ownership flexibility for industrial and private uses.
      305 Arch Avenue, Hillsdale, MI 49242
      View Details
    • $1,300,000
      13,000 SF

      Hillsdale Retail Space For Sale

      13,000 SF retail space on 13 acres in Hillsdale.
      3883 W Carleton Road, Hillsdale, MI 49242
      View Details
    • $5,500,000
      46,000 SF

      Hillsdale Market House Investment Opportunity

      46,000 sq ft commercial property near Hillsdale College.
      210 W Carleton Road, Hillsdale, MI 49242
      View Details
    • $475,000
      2,520 SF

      Hillsdale Commercial Property on M99

      Remodeled commercial building with high traffic location and unique display.
      2764 W Carleton Road, Hillsdale, MI 49242
      View Details
    • $900,000

      Hillsdale Mixed-Use Development Opportunity

      2.47-acre site near Hillsdale College with mixed-use potential.
      55 McClellan Street, Hillsdale, MI 49242
      View Details
    • $900,000

      Commercial Land in Hillsdale, MI

      2.47 acre commercial land for sale in Hillsdale, MI.
      55 McClellan Street, Hillsdale, MI 49242
      View Details
    • $299,900
      448 SF

      Hillsdale Commercial Building For Sale

      Commercial building with prime location and spacious parking in Hillsdale.
      70 W CARLETON Road, Hillsdale, MI 49242
      View Details
    • $249,000
      1,804 SF

      Hillsdale Commercial Property on M99

      Commercial property with high traffic and conversion possibilities in Hillsdale.
      95 W Carleton Road, Hillsdale, MI 49242
      View Details
    • $469,900

      Hillsdale Duplex Near Campus

      Duplex near campus with updated features and reliable income.
      105 Hillsdale Street, Hillsdale, MI 49242
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Land with garage in private lake community, Hillsdale, Michigan.
    Where is this residential land & home lot located?
    The property is located at 3549 Majestic Court Hillsdale, MI.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: Access to All‑Sport Lake Wilson; 30x40 heated two‑story garage; Peaceful, tree‑studded, private lake community
    (517) 320-0614
    We can help!
    Listing Contact
    Karen Foust
    Real Estate License ID: 6506048648
    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

    Thank You for Inquiry
    3549 Majestic Court, Hillsdale, MI 49242
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!