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

    1.24 AC E HURON DRIVE Pointe Aux Pins, MI 49775

    View on Map
    New
    For Sale
    $110,000

    land - BOIS BLANC, MI

    Lot size:
    1.24 Acres
    Added:
    Apr 3, 2026
    Days on Market:
    5
    Last Refresh:
    Apr 7 at 2:06 am

    Property Features for 1.24 AC E HURON DRIVE

    General Information

    Property type
    Land
    Property subtype
    Other
    Interior features
    APPLIANCES:
    Standard status
    Active
    Lot size
    1.24 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Julie Maynard
    Julie Maynard

    Listing agent Julie Maynard

    Listing office Cheboygan 400 N. Main Street, MI

    Listing date Apr 3, 2026

    MLS# 201839235 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

    Waterfront Land on Bois Blanc

    Two adjacent vacant, wooded waterfront parcels are available on Lake Huron, Bois Blanc Island, MI. The combined parcels measure 256+ feet by 250 feet, offering privacy and distance from the road. The property can accommodate a sizable house and pole barn, with beach access. Centrally located on Bois Blanc, the property provides easy access to the ferry dock, the commercial area of Pointe Aux Pins, stores, and a tavern. The total lot size is 1.24 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Pointe Aux Pins
    County
    Mackinac
    State
    Michigan
    Longitude
    -84.4636
    Latitude
    45.7694

    Nearby Similar for Sale

    • $369,900

      Waterfront Lot with Lake Huron View

      Secluded 4.8-acre lot with 591' waterfront on Lake Huron.
      03101400 Gobles DR, Bois Blanc, MI 49775
      View Details
    • $150,000

      Waterfront Lot with Lake Huron View

      Secluded 1.1-acre waterfront lot with views of Mackinac Bridge.
      A03101400 Gobles DR, Bois Blanc, MI 49775
      View Details
    • $500,000

      Historic Farm on Bois Blanc

      63+/- acre farm with road frontage and development potential.
      2472 Lime Kiln Point RD, Bois Blanc, MI 49775
      View Details
    • $27,000

      Residential Lot on Bois Blanc

      Residential lot with travel trailers included on Bois Blanc Island.
      427 Rocky RD, Bois Blanc, MI 49775
      View Details
    • $125,000

      Waterfront Land with Lake Huron View

      2.4 acres with 167' Lake Huron frontage.
      C03101400 Gobles DR, Bois Blanc, MI 49775
      View Details
    • $54,999

      Secluded 5-Acre Vacant Land

      Private 5-acre vacant lot on Bois Blanc Island.
      1251 Erie Street, Pointe Aux Pins, MI 49775
      View Details
    • $104,900

      Waterfront Lot on Lake Huron

      Vacant lot with 100+ feet of Lake Huron frontage.
      882 E Huron DR, Bois Blanc, MI 49775
      View Details
    • $59,900

      Bois Blanc Waterfront Land Parcel

      Vacant waterfront land with development potential on Bois Blanc.
      02800130 E Huron DR, Bois Blanc, MI 49775
      View Details
    • $99,900

      Waterfront Lot with Lake View

      Secluded 1.3-acre waterfront lot with views of Mackinac Bridge.
      B03101400 Gobles DR, Bois Blanc, MI 49775
      View Details
    • $9,500

      Residential Lots in Fruitland Subdivision

      Three adjacent residential lots suitable for camping or cabin development.
      424344b19 Florence AVE, Bois Blanc, MI 49775
      View Details
    • $36,000

      Bois Blanc Cleared Airport Lot

      Cleared lot ready for hangar construction on Bois Blanc Airport.
      14 Airport DR, Bois Blanc, MI 49775
      View Details
    • $36,000

      Land Near Paved Runway

      Commercial vacant land near 3600-foot paved runway.
      15 Airport DR, Bois Blanc, MI 49775
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Two adjacent waterfront parcels on Lake Huron, Bois Blanc Island.
    Where is this waterfront land located?
    The property is located at 1.24 AC E HURON DRIVE Pointe Aux Pins, MI.
    What is the asking price?
    The asking price for this property is $110,000.
    What are key features of this property?
    This property features: Waterfront property on Lake Huron (Bois Blanc Island).; Two adjacent parcels totaling 256'+ X 250'.; Ample space for a house and pole barn.
    (706) 255-4133
    We can help!
    Listing Contact
    Julie Maynard
    Julie Maynard
    Real Estate License ID: 6501422664
    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!