Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Vacant Land in Flushing, MI Title is generated by Realmo AI

    9207 N Island, Flushing, MI 48433

    View on Map
    Claim this Listing
    For Sale
    $90,000

    Vacant Land - Flushing, MI

    Lot size:
    0.95 Acres
    Added:
    Aug 15, 2024
    Days on Market:
    655
    Last Refresh:
    May 31 at 10:06 am

    Property Features for 9207 N Island

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Site Condominium
    Standard status
    Active
    APN
    08-15-676-012
    Lot size
    0.95 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1334.69
    Expense value
    500
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Utilities

    Water front features
    River Frontage, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Michael Herriman

    Listing agent Michael Herriman License #6501382324

    Listing office Keller Williams First 10785 S. Saginaw St Suite E, Grand Blanc, MI

    Listing date Aug 15, 2024

    MLS# 50152297 Listing URL

    Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime vacant lot in a sought‑after, peaceful neighborhood.
    • Ample acreage allows for a custom home design with gardens and outdoor activities.
    • Easy access to major roads and highways for convenient commuting, dining, and shopping.
    • Tranquil, picturesque setting with lush greenery and serene landscapes.
    • River Frontage and Waterfront features.
    • Close proximity to local amenities, schools, and Flushing's community.

    Overview

    Located at 9207 N Island Court, this vacant lot offers an opportunity for building a home or investing in a serene environment. Situated in a peaceful neighborhood, the property provides seclusion while maintaining convenient access to local amenities, schools, and the community of Flushing. The location allows for easy accessibility to major roads and highways, facilitating commutes to nearby cities, as well as access to dining, shopping, and entertainment. The property offers the potential to enjoy sunrises and sunsets amidst lush greenery and landscapes. With 0.95 acres, there is ample room for designing and building a country estate or a modern architectural structure, with space for gardens and outdoor activities. The zoning is Site Condominium.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Spa & Massage Center Hair Salon Nail Salon Auto Parts Store Kitchen & Bath Showroom Department Store Bar & Pub Electrical Service (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Flushing
    County
    Genesee
    State
    Michigan
    Longitude
    -83.860973
    Latitude
    43.093099

    Nearby Similar for Sale

    • $2,499,000
      35,633 SF

      Flushing Commercial/Industrial Opportunity

      35,630 SF building on 6.9 acres in Flushing, MI.
      1415 E Pierson, Flushing, MI 48433
      View Details
    • $4,700,000
      22,592 SF

      Flushing Multi-Use Commercial Building

      22,592 SF building on 4.36 acres in Flushing, MI.
      1537 E Pierson Road, Flushing, MI 48433
      View Details
    • $700,000
      5,188 SF

      Flushing Bar and Restaurant Opportunity

      Established bar and restaurant with real estate and liquor license.
      111 E MAIN Street, Flushing, MI 48433
      View Details
    • $59,900

      Commercial Land in Flushing, MI

      Commercial land with high traffic flow near US-23 and I-75.
      1524 E Pierson, Flushing, MI 48433
      View Details
    • $239,900
      2,640 SF

      Flushing Commercial Building on Acreage

      2,640 SF multi-functional building on 1.13 acres for sale.
      4057 Commerce Dr, MtMorrisTownship_Genesee, MI 48433
      View Details
    • $500,000
      3,658 SF

      Flushing Assisted Living Facility

      12-bed licensed assisted living facility on 1.75 acres.
      1111 0000 Road, Flushing, MI 48433
      View Details
    • $175,000
      2,240 SF

      Flushing Twp Corner Commercial Lot

      Commercial lot in Flushing Twp with high traffic and frontage.
      8009 N Mckinley Rd, MtMorrisTownship_Genesee, MI 48433
      View Details
    • $519,000
      400 SF

      Office Building on Pierson Road

      Office building with high visibility and private parking.
      6015 W Pierson Rd, Flushing, MI 48433
      View Details
    • $525,000
      3,172 SF

      Retail Space in Flushing, MI

      Retail space available for sale in Flushing, Michigan.
      6530 Pierson Road, Flushing, MI, 48433
      View Details
    • $150,000
      4,800 SF

      Versatile Building in Flushing, Michigan

      Adaptable 4,800 sq ft building suitable for various purposes.
      5360 Bangor Avenue, Flushing, MI 48433
      View Details
    • $50,000

      Vacant Land in Flushing, MI

      2.135-acre vacant land parcel, ready for development.
      7181 W Mount Morris, Flushing, MI 48433
      View Details
    • $17,900

      Wooded Land Near Downtown Flushing

      Wooded 1/3 acre building site near downtown Flushing, Michigan.
      3371 Ann, Flushing, MI 48433
      View Details

    FAQs

    What type of property is this?
    Land - Vacant lot in a tranquil setting, perfect for building.
    Where is this land located?
    The property is located at 9207 N Island Flushing, MI.
    What is the asking price?
    The asking price for this property is $90,000.
    What are key features of this property?
    This property features: Prime vacant lot in a sought‑after, peaceful neighborhood.; Ample acreage allows for a custom home design with gardens and outdoor activities.; Easy access to major roads and highways for convenient commuting, dining, and shopping.
    (810) 214-0009
    We can help!
    Listing Contact
    Michael Herriman
    Real Estate License ID: 6501382324
    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

    Thank You for Inquiry
    9207 N. Island, Flushing, MI 48433
    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!