Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    Katherina Z Place Howell, MI 48855

    View on Map
    Claim this Listing
    For Sale
    $89,900

    LAND - Howell, MI

    Lot size:
    1.15 Acres
    Added:
    Jan 5, 2026
    Days on Market:
    123
    Last Refresh:
    May 8 at 3:06 am

    Property Features for Katherina Z Place

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Agricultural,Residential
    Standard status
    Active
    APN
    0709200023
    Lot size
    1.15 Acres

    Taxes and HOA fees

    Tax Description
    SEC. 9 T3N, R5E, COMM AT S 1/4 COR SEC 9, TH ALG N-S 1/4 LN N0*56'14" W 2677.84' TO CTR SEC 9, TH ALG E-W 1/4 LN N89*59'37" E 136.22'; TH N0*54'23" W 220.96'; TH N89*5'37" E 18.50'; TH N0*5'23" W 240' TO POB; TH N0*54'23" W 140'; TH N89*5'37" E 261.7 7'; TH S0*54'23" E78.15'; TH N89*5'37" E 103.08'; TH N0*54'23" W 92'; TH ALG WLY LN OF 66' PRIV RD ESMT ALG ARC TO LEFT, LENGTH 23.83', RAD 75', DELTA ANGLE 18*12'05",LONG CHORD BEARING S62*39'30" E 23.73'; TH ALG WLY ROW LN LAG ARC TO RIGHT LENGTH 6 1.83',RAD 50',DELTA ANGLE 70*51'09 LONG CHRD BEARING S36*19'58" E 57.97'; TH ALG WLY ROW LN S0*54'23"E 95.38'; THS89*5'37"W 419.35' TO POB PARCEL 5A 1.16ACRES ML SUBJ TO & INC USE OF 66' PRIV RD ESMT& ESMTS & ROW OF RECORD SPLIT 9/01 FR 001
    Tax Annual Amount
    13

    Utilities

    Water source
    Well

    We can help!

    Listing Contact
    Jennifer Petersen

    Listing agent Jennifer Petersen License #6501373095

    Listing office KW Realty Livingston 130 W Grand River, Howell, MI

    Listing date Jan 5, 2026

    MLS# 20261000671 Listing URL

    Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1.15 wooded acres
    • Quiet cul‑de‑sac location
    • Perfect for building a custom home
    • Mature trees and privacy offer seclusion
    • Conveniently located near shopping, dining, schools, and major highways
    • Well water source

    Overview

    Wooded Acreage in Howell

    This 1.15-acre wooded parcel is located on a quiet cul-de-sac in Howell, Michigan. The scenic land features mature trees, offering a peaceful and private setting. It is suitable for building a custom home or adding a pole barn. The property is conveniently located near shopping, dining, schools, and major highways, providing access to both country living and city conveniences. The zoning is Agricultural and Residential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Howell
    County
    Livingston
    State
    Michigan
    Longitude
    -83.865947
    Latitude
    42.6682

    Nearby Similar for Sale

    • $600,000
      2,272 SF

      Established Childcare Facility in Howell

      Turnkey childcare facility for sale in Howell, Michigan.
      1025 Yorkshire Drive, Howell, MI 48843
      View Details
    • $640,000
      3,744 SF

      Commercial Opportunity on High-Traffic Corner

      Commercial building with warehouse space and tenant-occupied front unit.
      51 Chilson Road, Howell, MI 48843
      View Details
    • $589,000
      3,658 SF

      Howell Professional Office with Residence

      Professional office suite with a 4-bedroom residence.
      721 S Michigan, Howell, MI 48843
      View Details
    • $225,000
      1,800 SF

      Two-Story Commercial Property Near Downtown

      Charming, functional two-story commercial property near downtown HowellCity_Livingston.
      515 East Grand River Avenue, HowellCity_Livingston, MI 48843
      View Details
    • $295,000
      1,692 SF

      High-Traffic Corner Commercial Opportunity

      Commercial building on a high-traffic corner with excellent visibility.
      2426 E Grand River Avenue, Genoa, MI 48843
      View Details
    • $225,000
      1,800 SF

      Howell Office Building For Sale

      Two-story office building near downtown Howell with parking.
      515 E GRAND RIVER Avenue, Howell, MI 48843
      View Details
    • $75,000

      Residential Land in Howell, MI

      Three-acre wooded lot in a quiet Howell cul-de-sac.
      0 Marwood, Howell, MI 48855
      View Details
    • $3,750,000

      Michigan Avenue Commercial Property For Sale

      Single-story commercial property on Michigan Avenue near I-96 interchange.
      1285 S MICHIGAN Ave, Howell, MI 48843
      View Details
    • $98,000

      Oceola Twp Residential Land Parcel

      3.28-acre residential land parcel in Oceola Twp, Michigan.
      5550 Fisher Road, Oceola Twp, MI 48855
      View Details
    • $600,000

      Established Childcare Facility For Sale

      Childcare facility designed for early childhood education and development.
      1025 Yorkshire Drive, Howell, MI 48843
      View Details
    • $32,999

      Lakefront Land in Howell, MI

      0.6 acres of wooded land with frontage on Lake Cohoctah.
      6400 Crandall Road, Howell, MI 48855
      View Details
    • $295,000

      Residential Land in Howell, MI

      Land with pole barn and teardown home in Howell.
      2185 Armond Road, Howell, MI 48855
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.15 acres of wooded land in Howell, Michigan.
    Where is this residential land & home lot located?
    The property is located at Katherina Z Place Howell, MI.
    What is the asking price?
    The asking price for this property is $89,900.
    What are key features of this property?
    This property features: 1.15 wooded acres; Quiet cul‑de‑sac location; Perfect for building a custom home
    (810) 227-5500
    We can help!
    Listing Contact
    Jennifer Petersen
    Real Estate License ID: 6501373095
    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
    Katherina Z Place, Howell, MI 48855
    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!