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

    455 E Helmer Lake Road Fairview, MI 48621

    View on Map
    Claim this Listing
    For Sale
    $869,000

    LAND - Fairview, MI

    Property size:
    3,000 SF
    Lot size:
    160.00 Acres
    Added:
    Sep 27, 2025
    Days on Market:
    205
    Last Refresh:
    Apr 19 at 6:06 am

    Property Features for 455 E Helmer Lake Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    003-007-001-15
    Size
    3,000 SF
    Lot size
    160.00 Acres

    Taxes and HOA fees

    Tax Description
    160A M/L THE NORTHEAST QUARTER (NE 1/4) OF SECTION SEVEN (7), TOWN TWENTY SEVEN (27) NORTH, RANGE THREE (3) EAST. TOGETHER WITH AN EASEMENT FOR INGRESS AND EGRESS, FOR THEIR HEIRS AND ASSIGNS, OVER AND UPON THE EAST 33 FEET OF THE SE 1/4 OF SECTION OF SE

    Utilities

    Water source
    Well

    We can help!

    Listing Contact
    Michael Thomson
    Michael Thomson

    Listing agent Michael Thomson

    Listing office DETRICH REAL ESTATE, LLC 607 S Morence Avenue P.O. Box 128, Mio, MI

    Listing date Sep 27, 2025

    MLS# 201837355 Listing URL

    Copyright © 2026 Water Wonderland Board 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.

    Overview

    Wooded Land with Pole Building

    This 160-acre parcel, primarily wooded, borders state land to the north. It includes a 50-foot by 60-foot pole building featuring spray-foam insulation and 14-foot overhead doors. The property also has a 5-inch well, 400 amp underground electric service, an RV hookup, and an elevated, cleared building site. The land contains large, mature timber with trails throughout. Gated access is provided via a long limestone driveway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Law Firm Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairview
    County
    Eaton
    State
    Michigan
    Longitude
    -83.9828
    Latitude
    44.7218

    Nearby Similar for Sale

    • $240,000
      2,331 SF

      Fairview Commercial Building on M-72

      2,330 sq ft commercial building with highway frontage.
      1956 E Miller Road, Fairview, MI 48621
      View Details
    • $249,900
      10,000 SF

      Fairview Land with Large Buildings

      7.5 acres with buildings suitable for commercial or industrial use.
      99 N Abbe Road, Fairview, MI 48621
      View Details
    • $249,900
      10,000 SF

      Fairview Commercial Land with Buildings

      7.5 acres with large buildings suitable for various purposes.
      99 N Abbe Road, Fairview, MI 48621
      View Details
    • $29,900

      Wooded Land in Fairview, MI

      5 wooded acres near Fairview, perfect for a getaway.
      1871 E Helmer Lake Road, Fairview, MI 48621
      View Details
    • $60,000

      Heavily Wooded Land with Sheds

      7.86-acre wooded parcel with storage sheds in Fairview, MI.
      3059 N Weaver Road, Fairview, MI 48621
      View Details
    • $24,900

      Fairview Land with Wooded Acreage

      7.86 +/- acres of wooded land near Fairview, Michigan.
      3037 N Weaver Road, Fairview, MI 48621
      View Details
    • $549,000
      8,048 SF

      Versatile 40-Acre Commercial Property

      40-acre commercial property with multiple buildings near state and federal land.
      230 S Abbe Road, Fairview, MI 48621
      View Details
    • $750,000
      8,048 SF

      Versatile 40-Acre Commercial Property

      40 acres with multiple buildings suitable for various uses.
      230 S Abbe Road, Fairview, MI 48621
      View Details
    • $549,000
      8,048 SF

      Versatile Commercial Property Near State Land

      40-acre commercial property with multiple buildings bordering state and federal land.
      230 S Abbe Road, Fairview, MI 48621
      View Details
    • $29,900

      Private Lakefront Wooded Land

      Wooded land with frontage on private Helmer Lake.
      2079 APPLEBEE Lane, Fairview, MI 48621
      View Details
    • $549,000
      4,486 SF

      Versatile 40-Acre Property Near State Land

      Unique property with multiple buildings, suitable for various uses.
      230 S Abbe Road, Fairview, MI 48621
      View Details

    FAQs

    What type of property is this?
    Land - 160-acre wooded parcel with insulated pole building near state land.
    Where is this land located?
    The property is located at 455 E Helmer Lake Road Fairview, MI.
    What is the asking price?
    The asking price for this property is $869,000.
    What are key features of this property?
    This property features: Gated access with a long limestone driveway ensures privacy and security.; Borders state land to the north, offering direct access to expansive recreational opportunities.; Includes a large 50'x60' spray‑foam insulated pole building with 14ft overhead doors.
    (989) 370-1955
    We can help!
    Listing Contact
    Michael Thomson
    Michael Thomson
    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!