Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land Near Devil's Lake Title is generated by Realmo AI

    Manitou Beach rd lot B, Manitou Beach, MI 49253

    View on Map
    Claim this Listing
    New
    For Sale
    $75,000

    LAND - Manitou Beach, MI

    Lot size:
    1.00 Acre
    Added:
    May 20, 2026
    Days on Market:
    3
    Last Refresh:
    May 22 at 9:06 am

    Property Features for Manitou Beach rd lot B

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    1.00 Acre

    Utilities

    Utilities
    Cable Available
    Water front features
    Lake
    Water front
    1

    We can help!

    Listing Contact
    BRETT MILES

    Listing agent BRETT MILES License #6501379516

    Listing office Century 21 Affiliated - Jackson 100 E Michigan Ave Ste 115, Jackson, MI

    Listing date May 20, 2026

    MLS# 26023573 Listing URL

    Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    This one-acre lot, located steps away from the Devil's Lake public launch, offers an opportunity for building a home. The lot provides ample space for a house, a sizable yard, and a large outbuilding for boat and winter storage. The property is a short walk from Devil's Lake Village, with access to a coffee shop, tavern, and spa and wellness locations. The cleared lot is prepped and ready to close following survey completion. It is located in Manitou Beach, Michigan.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Manitou Beach
    County
    Lenawee
    State
    Michigan
    Longitude
    -84.310317
    Latitude
    41.972265

    Nearby Similar for Sale

    • $300,000

      Land For Sale, Manitou Beach

      3.73 acre commercial land for sale in Manitou Beach.
      6797 Devils Lake Highway, Manitou Beach, MI 49253
      View Details
    • $300,000

      Manitou Beach Commercial Land

      3.73 acres of commercial land with well and sewer.
      6797 Devils Lake Highway, Manitou Beach, MI 49253
      View Details
    • $775,000

      Manitou Beach Multifamily Property

      Three units with 90+ ft of sandy beach.
      3440 Geneva Highway, Manitou Beach, MI 49253
      View Details
    • $775,000

      Manitou Beach Multifamily Property

      Multifamily property for sale in Manitou Beach, Michigan.
      3440 Geneva Highway, Manitou Beach, MI 49253
      View Details
    • $224,900

      Versatile Land Opportunity Near Lake

      Land with showroom, garage, and barn near Devil's Lake.
      Manitou Beach Road, Manitou Beach, MI 49253
      View Details
    • $189,900

      Manitou Beach Hunting Land

      19+ acres of hunting land near Devils Lake.
      13000 Woerner Road, Manitou Beach, MI 49253
      View Details
    • $224,900

      Land in Manitou Beach, MI

      Two-acre residential land for sale in Manitou Beach, Michigan.
      Manitou Beach Road, Manitou Beach, MI 49253
      View Details
    • $172,000

      Prime Land in Manitou Beach

      26+ acres of land with commercial potential near lakes.
      12000 US Highway 223, Manitou Beach, MI 49253
      View Details
    • $1,250,000

      Manitou Beach Vacant Land

      Approximately 9 acres of land with Devil's Lake frontage.
      6000 Devils lake, Manitou Beach, MI 49253
      View Details
    • $189,900

      Land for Sale, Manitou Beach

      19.33 acre lot available in Manitou Beach, Michigan.
      13000 Woerner Road, Manitou Beach, MI 49253
      View Details
    • $100,000

      Cleared Corner Lot Near Water

      One-acre vacant land ready for construction near Devils Lake.
      7841 DEVILS LAKE, Manitou Beach, MI 49253
      View Details
    • $110,000

      Residential Land with Water Privileges

      Vacant land with water privileges to Devils and Round Lake.
      Lots 4 & 5 Elm Park, Manitou Beach, MI 49253
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - One-acre lot near Devil's Lake public launch.
    Where is this residential land & home lot located?
    The property is located at Manitou Beach rd lot B Manitou Beach, MI.
    What is the asking price?
    The asking price for this property is $75,000.
    (517) 395-8253
    We can help!
    Listing Contact
    BRETT MILES
    Real Estate License ID: 6501379516
    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
    Manitou Beach rd lot: B, Manitou Beach, MI 49253
    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!