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

    TBD N Rock 38th RD SE 40 Rock, MI 49880

    View on Map
    For Sale
    $62,000

    Vacant Land - Rock, MI

    Lot size:
    40.00 Acres
    Added:
    Mar 25, 2026
    Days on Market:
    9
    Last Refresh:
    Apr 2 at 1:06 am

    Property Features for TBD N Rock 38th RD SE 40

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Other
    Standard status
    Active
    APN
    Part of 011-211-009-00
    Lot size
    40.00 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    52

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    TIM GEORGE

    Listing agent TIM GEORGE

    Listing office NORTHERN MICHIGAN LAND BROKERS - ESCANABA 916 Ludington Street, Escanaba, MI

    Listing date Mar 25, 2026

    MLS# 50202427 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.

    Overview

    40 Acres Hunting Land, Rock

    This is a 40 +/- acre parcel located in Northern Delta County, Rock, Michigan, in Maple Ridge Township. The property has good access via a seasonal road along the south border, as well as an old county road running along the east border. Access is seasonal, but other camps on the road help keep it open in the winter. The property is not connected to utilities. This parcel is suitable for building a cabin or for recreational vehicle camping. The area is known for hunting, especially for whitetail deer, black bear, grouse, and turkey. Thousands of acres of public land are nearby. Additional acreage is available if desired.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Rock
    County
    Delta
    State
    Michigan
    Longitude
    -87.169805
    Latitude
    46.093662

    Nearby Similar for Sale

    • $750,000
      4,103 SF

      Established Grocery and Gas Business

      Turnkey business opportunity with multiple income streams in Rock, MI.
      3963 W Maple Ridge 37th, Rock, MI 49880
      View Details
    • $62,000

      Vacant Land in Rock, MI

      40-acre vacant land perfect for off-grid living and hunting.
      TBD N Rock 38TH RD SW 40, Rock, MI 49880
      View Details
    • $52,000

      Southern Marquette County Vacant Land

      20-acre vacant land parcel adjoining State of Michigan land.
      TBD Plantation LN East 20, Rock, MI 49880
      View Details
    • $39,900

      Wooded 10 Acres Near McFarland

      Wooded 10-acre parcel near state land, ideal for building.
      TBD CO RD RI ROAD, ROCK, MI 49880-0000
      View Details
    • $39,900

      Wooded Land Near McFarland

      10 acres of wooded land near state land.
      TBD Co Rd RI, Rock, MI 49880-0000
      View Details
    • $52,000

      Land Near Escanaba River

      20+/- acres near Escanaba River and State Land.
      TBD Plantation LN West 20, Rock, MI 49880
      View Details
    • $89,900

      80 Acres Vacant Land, Rock

      80+/- acres of vacant land with legal, insurable access.
      TBD Plantation, Rock, MI 49880
      View Details
    • $199,900

      80 Acres Hunting Land

      Prime hunting land with building improvements in Rock, Michigan.
      3022 Trombly, Rock, MI 49880-0000
      View Details

    FAQs

    What type of property is this?
    Land - 40 acres of vacant land, ideal for hunting and recreation.
    Where is this land located?
    The property is located at TBD N Rock 38th RD SE 40 Rock, MI.
    What is the asking price?
    The asking price for this property is $62,000.
    What are key features of this property?
    This property features: 40 +/- acres in Northern Delta County, Rock MI, Maple Ridge Township; Excellent hunting location for Whitetail Deer, Black Bear, Grouse, and Turkey; Good access via Seasonal Road and old County road
    (906) 420-9922
    We can help!
    Listing Contact
    TIM GEORGE
    Real Estate License ID: UPAR
    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!