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

    V/L Forrister Road Hudson, MI 49247

    View on Map
    For Sale
    $79,000

    Lot - Hudson, MI

    Type:Single Family Residence
    Lot size:
    1.97 Acres
    Added:
    Mar 3, 2026
    Days on Market:
    29
    Last Refresh:
    Apr 1 at 12:06 pm

    Property Features for V/L Forrister Road

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    APN
    RL0-130-3600-12
    Lot size
    1.97 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxAnnualAmount
    2992

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    JERRID EHLINGER

    Listing agent JERRID EHLINGER License #6501382506

    Listing office ERA REARDON REALTY, L.L.C. 910 N West Ave, Jackson, MI

    Listing date Mar 3, 2026

    MLS# 25019363 Listing URL

    Copyright © 2026 Jackson Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Hudson, MI

    This 1.97-acre residential land is located in Hudson, Michigan. The property is intended for residential use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Hudson
    County
    Lenawee
    State
    Michigan
    Longitude
    -84.3448
    Latitude
    41.8467

    Nearby Similar for Sale

    • $7,000,000
      56,000 SF

      Retail Plaza with Strong Tenant Mix

      Impeccably maintained retail plaza with excellent visibility and long-term stability.
      325 Railroad Street, Hudson, MI 49247
      View Details
    • $500,000

      Established Garden Center on US-127

      Turnkey garden center on 10 acres with high visibility.
      645 S Meridian Road, Hudson, MI 49247
      View Details
    • $7,000,000
      56,000 SF

      Hudson, MI Industrial Opportunity

      56,000 SF manufacturing/industrial property on 5.05 acres.
      325 Railroad Street, Hudson, MI 49247
      View Details
    • $500,000
      1,536 SF

      Turnkey Garden Center on US-127

      Established garden center on 10 acres with high visibility.
      645 S Meridian Road, Hudson, MI 49247
      View Details
    • $149,900

      Lime Lake Buildable Parcels

      Two buildable parcels on all-sports Lime Lake.
      13764 Emens, Hudson, MI 49247
      View Details
    • $189,500

      Fawn Lake Private Lot

      Beautiful, peaceful, and private waterfront lot on Fawn Lake.
      Willow Trace Drive, Hudson, MI 49247
      View Details
    • $699,999

      40 Acres of Land, Hudson

      40 acres of agricultural land for sale in Hudson, MI.
      2951 N Meridian Road, Hudson, MI 49247
      View Details
    • $699,999

      40 Acres Buildable Land Parcel

      Versatile 40-acre property with farmland, woods, and recreational features.
      2951 N Meridian Road, Hudson, MI 49247
      View Details
    • $30,000

      Residential Lot in Hudson, MI

      Vacant lot ready for construction in a welcoming neighborhood.
      310 School Street, Hudson, MI 49247
      View Details
    • $479,000

      63 Acres with Lake Ownership

      63 acres of land with lake access and hunting opportunities.
      18000 Blk Forrister, Hudson, MI 49247
      View Details
    • $500,000

      Established Garden Center on US-127

      Turnkey garden center on 10 acres with high visibility.
      645 S Meridian Rd, Hudson, MI, 49247-9334
      View Details
    • $55,000

      Residential Land Near Horseshoe Lake

      1.89 acre building lot with lake access.
      18000 Blk #2 Forrister, Hudson, MI 49247
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.97 acre residential lot for sale in Hudson, MI.
    Where is this residential land & home lot located?
    The property is located at V/L Forrister Road Hudson, MI.
    What is the asking price?
    The asking price for this property is $79,000.
    What are key features of this property?
    This property features: Waterfront property; Located at -84.360466 longitude, 41.91546 latitude
    (517) 937-3017
    We can help!
    Listing Contact
    JERRID EHLINGER
    Real Estate License ID: 6501382506
    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!