Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    V/L Dixie Highway Davisburg, MI 48350

    View on Map
    Claim this Listing
    For Sale
    $299,900

    LAND - Springfield Twp, MI

    Lot size:
    4.40 Acres
    Added:
    Aug 29, 2025
    Days on Market:
    246
    Last Refresh:
    May 1 at 1:06 pm

    Property Features for V/L Dixie Highway

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Active
    APN
    0703176001
    Lot size
    4.40 Acres

    Taxes and HOA fees

    Tax Description
    T4N, R8E, SEC 3 PART OF SE 1/4 OF NW 1/4 BEG AT PT DIST N 00-30-00 E 1326.72 FT FROM CEN OF SEC, TH S 00-30-00 W 190 FT, TH N 86-54-00 W 994.30 FT TO CEN US-10 HWY, TH N 36-34-00 W ALG SD CEN LINE 237.90 FT, TH S 87-14-00 E 1137.80 FT TO BEG, EXC THA T PART IN US-10 HWY 4.40 AU28B
    Tax Annual Amount
    6476

    Utilities

    Sewer type
    Septic Tank
    Water source
    Well

    We can help!

    Listing Contact
    Thomas Wilhelm
    Thomas Wilhelm

    Listing agent Thomas Wilhelm License #6501196948

    Listing office Wilhelm & Associates 6485 Dixie, Clarkston, MI

    Listing date Aug 29, 2025

    MLS# 20251027429 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.

    Overview

    Springfield Twp Commercial Land Available

    This 4.4-acre commercial land is located in a fast-developing area off Dixie Highway, approximately 1 mile from I-75, in Springfield Township, Michigan. The property has been rezoned to C2, making it suitable for various commercial uses. Potential business uses include storage facilities, specialty retail, and landscaping supply.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Davisburg
    County
    Oakland
    State
    Michigan
    Longitude
    -83.5332
    Latitude
    42.7418

    Nearby Similar for Sale

    • $399,900

      Commercial Land in Davisburg

      6.25 acre commercial land parcel in downtown Davisburg.
      12800 Fountain Square, Springfield Twp, MI 48350
      View Details
    • $349,000
      2,950 SF

      Freestanding Building on Dixie Highway

      2,950 SF building on 0.91 acres with high visibility.
      10775 Dixie Highway, Davisburg, MI 48350
      View Details
    • $399,900

      Commercial Land in Davisburg

      6.25 acre commercial land parcel in downtown Davisburg.
      12750 FOUNTAIN SQUARE, Springfield Twp, MI 48350
      View Details
    • $575,000
      2,484 SF

      Four-Unit Multifamily Property on Acreage

      Two duplexes on 3.31 acres with immediate income potential.
      10461 Eagle Road, Rose Twp, MI 48350
      View Details
    • $600,000
      5,388 SF

      Renovated Office/Retail Building For Sale

      Historic building with modern updates, ideal for office or retail.
      650 Broadway, Davisburg, MI 48350
      View Details
    • $3,900,000
      78,887 SF

      Industrial Property with Dixie Highway Frontage

      Industrial property featuring frontage on Dixie Highway and easy I-75 access.
      10375 Dixie Hwy | Davisburg, MI 48350, MI 48350
      View Details
    • $299,900

      Dixie Hwy Commercial Land

      4.4 acres of commercial land in a developing area.
      10740 Dixie Hwy, Davisburg, MI
      View Details
    • $170,000

      4.40 Acres Vacant Land

      4.40 acres of vacant land on Dixie Hwy.
      10764 Dixie Hwy, Davisburg, MI 48350
      View Details
    • $349,000
      2,950 SF

      Freestanding Building For Sale/Lease

      2,950 SF freestanding building available for sale or lease.
      10775 Dixie Hwy, Davisburg, MI 48350
      View Details
    • $29,900

      Land For Sale Davisburg, MI

      Land available in Davisburg, Michigan.
      12665 MANDOLIN CT, Davisburg, MI
      View Details

    FAQs

    What type of property is this?
    Commercial land - 4.4 acres in a fast-developing area, rezoned to C2.
    Where is this commercial land located?
    The property is located at V/L Dixie Highway Davisburg, MI.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: 4.4 Acres of Land; Rezoned to C2 Commercial; Located off Dixie Hwy
    (248) 625-9500
    We can help!
    Listing Contact
    Thomas Wilhelm
    Thomas Wilhelm
    Real Estate License ID: 6501196948
    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

    V/L Dixie Highway, Springfield Twp, MI 48350

    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!