Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mohawk Land with Insulated Building Title is generated by Realmo AI

    Lot A Mohawk-Gay Road, Mohawk, MI 49950

    View on Map
    Claim this Listing
    For Sale
    $399,000

    LAND - Mohawk, MI

    Lot size:
    10.00 Acres
    Added:
    May 7, 2026
    Days on Market:
    16
    Last Refresh:
    May 22 at 4:06 pm

    Property Features for Lot A Mohawk-Gay Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    10.00 Acres

    We can help!

    Listing Contact
    ADAM TAIVALKOSKI
    ADAM TAIVALKOSKI

    Listing agent ADAM TAIVALKOSKI License #6501382950

    Listing office SAVU REALTY 203 Fifth Street, Calumet, MI

    Listing date May 7, 2026

    MLS# 50206835 Listing URL

    Copyright © 2026 Upper Peninsula Association 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.

    HighLights

    • Large (60x40) insulated pole building with 200 amp electrical service, propane furnace, and 16 ft ceilings.
    • Additional 30x40 garage provides extra storage and workspace.
    • Located on a Class A road with paved driveway for convenient year‑round access.
    • Excellent condition concrete floor in the main pole building.
    • Multiple potential uses for the pole building: storage, workshop, contractor, hobbies, or business (subject to zoning).
    • Option to purchase additional acreage (up to 40 acres) and/or adjacent house listing.

    Overview

    This property features a 60x40 insulated pole building constructed in 2006, equipped with 200 amp electrical service, a propane furnace, and approximately 16-foot ceilings. The building shows minimal use, with a concrete floor in excellent condition. It is suitable for storage, workshop space, contractor use, hobbies, or potential business applications, subject to zoning regulations. An older 30x40 garage provides additional storage and flexibility for equipment, vehicles, or projects. The 10-acre property includes a paved driveway and is situated on a Class A road, ensuring convenient year-round access. The landscape features dozens of apple trees and mature hardwoods, offering several potential building sites. The seller is open to discounted offers when combined with the adjacent house listing, which includes an additional 10 acres. Two other 10-acre parcels are also available, allowing for a total of up to 40 acres. Virtual and video tours are available.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Mohawk
    County
    Keweenaw
    State
    Michigan
    Longitude
    -88.3508136
    Latitude
    47.2992154

    Nearby Similar for Sale

    • $319,000
      1,560 SF

      Turnkey Restaurant Opportunity in Mohawk

      Turnkey restaurant with loyal customer base in Michigan's Keweenaw Peninsula.
      80 Mohawk, Mohawk, MI 49950
      View Details
    • $399,000
      2,400 SF

      Mohawk Commercial Building and Land

      Insulated building on 10 acres with potential business use.
      Lot A Mohawk-Gay Road, Mohawk, MI 49950
      View Details
    • $50,000

      Mohawk Land with Creek Frontage

      Ten acre parcel with creek, apple trees, and road frontage.
      Mohawk Gay Road lot: D, Mohawk, MI 49950
      View Details
    • $79,000

      Mohawk Land with Hardwood Forest

      10 acre lot with paved access and hardwood forest.
      TBD Lot C Mohawk Gay Road, Mohawk, MI 49950
      View Details
    • $50,000

      Wooded Land Parcel For Sale

      Wooded 9.87-acre parcel, ideal for building a secluded home.
      1021 Sedar Hill(Parcel C) Road lot: Parcel C, Mohawk, MI 49950
      View Details
    • $78,800

      Mohawk MI Wooded 40-Acre Parcel

      40 acres of wooded land near Lake Superior.
      40 Acres Off Snowmobile Trail 133, Mohawk, MI 49950
      View Details
    • $78,800

      Wooded Mohawk Land Parcel For Sale

      40-acre wooded parcel near Lake Superior, ideal for recreation.
      40 Acres Snowmobile Trail 133, Mohawk, MI 49950
      View Details

    FAQs

    What type of property is this?
    Warehouse - 10-acre land with insulated pole building and older garage.
    Where is this warehouse located?
    The property is located at Lot A Mohawk-Gay Road Mohawk, MI.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: Large (60x40) insulated pole building with 200 amp electrical service, propane furnace, and **16 ft ceilings**.; Additional 30x40 garage provides extra storage and workspace.; Located on a Class A road with paved driveway for convenient year‑round access.
    (906) 369-1489
    We can help!
    Listing Contact
    ADAM TAIVALKOSKI
    ADAM TAIVALKOSKI
    Real Estate License ID: 6501382950
    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
    Lot A Mohawk-Gay Road, Mohawk, MI 49950
    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!