Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Spacious Corner Lot in Michigan Title is generated by Realmo AI

    VL Winters Lane, Whitmore Lake, MI 48189

    View on Map
    Claim this Listing
    For Sale
    $145,000

    LAND - Whitmore Lake, MI

    Lot size:
    5.00 Acres
    Added:
    Jan 15, 2026
    Days on Market:
    126
    Last Refresh:
    May 21 at 9:06 am

    Property Features for VL Winters Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    B-02-07-400-026
    Lot size
    5.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    OWNER REQUEST **FROM 0207400014 11/09/92 NO 7-10G-2 PARCEL ''A-1'' COM AT SE 1/4 COR SEC 7, TH S 88-11-46 W 215.47 FT TO POB, TH S 88-11-46 W 1014.63 FT, TH N 52-17-46 E 698.87 FT, TH S 52-30-00 E 601.47 FT, TH 33.4 FT ALNG ARC OF CURV-RT-RAD 4533.75 F T-CH S 28-35-14 W 33.40 FT TO POB. PT OF SE 1/4 SEC 7, T1S-R6E. 5 AC
    Tax Annual Amount
    2721

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Reuben C Mishler
    Reuben C Mishler

    Listing agent Reuben C Mishler License #6501407096

    Listing office CENTURY 21 C. Howard 1522 Gull Road, Kalamazoo, MI

    Listing date Jan 15, 2026

    MLS# 26001834 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.

    HighLights

    • Expansive 5‑acre vacant parcel offers significant space and potential.
    • Impressive corner lot with approximately 601 feet of frontage on Winters Lane.
    • Additional frontage (approx. 34 feet) on Coyle Road provides multiple access points.
    • Gated and secured property enhances privacy and security.
    • No HOA fees.
    • Electricity is available on the property.

    Overview

    This is a five-acre vacant parcel located on Winters Lane in Whitmore Lake, Michigan. The corner lot features approximately 601 feet of road frontage on Winters Lane and approximately 34 feet of frontage on Coyle Road. The property is gated and secured and has no HOA fees.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Whitmore Lake
    County
    Livingston
    State
    Michigan
    Longitude
    -83.764556
    Latitude
    42.401282

    Nearby Similar for Sale

    • $150,000
      7,084 SF

      Spacious Commercial Building Near Whitmore

      7,000+ sq ft commercial building with redevelopment potential.
      10596 Hamburg Road, Whitmore Lake, MI 48189
      View Details
    • $390,000
      2,200 SF

      Whitmore Lake Mixed-Use Remodeled Property

      Remodeled 2,200 SF mixed-use property in historic Whitmore Lake.
      9509 Main Street, Whitmore Lake, MI 48189
      View Details
    • $250,000

      Waterfront Lot on Whitmore Lake

      Lakefront lot with frontage on all-sports Whitmore Lake.
      9510 Main Street, Whitmore Lake, MI 48189
      View Details
    • $245,900

      Land Parcel Near Independence Lake

      5-acre vacant land parcel near US23 and Independence Lake.
      Jennings Road, Whitmore Lake, MI 48189
      View Details
    • $245,900

      5-Acre Parcel in Whitmore Lake

      Build your dream home on this beautiful 5-acre parcel.
      Jennings Road, Whitmore Lake, MI 48189
      View Details
    • $245,900

      5-Acre Parcel in Whitmore Lake

      Build your dream home on this beautiful 5-acre parcel.
      Jennings Road, Whitmore Lake, MI 48189
      View Details
    • $150,000
      7,000 SF

      Versatile Commercial Building in Hamburg

      Redevelopment opportunity near Whitmore Lake with high visibility.
      10596 Hamburg Rd, HamburgTownship_Livingston, MI 48189
      View Details
    • $1,795,000
      10,000 SF

      Hamburg Township Development Opportunity

      Infill development site with flexible zoning and existing infrastructure.
      10776 Hall Rd, HamburgTownship_Livingston, MI 48189
      View Details
    • $199,900

      Webster Twp Vacant Land Parcel

      5+ acre vacant land between Brighton and Ann Arbor.
      9470 Dinser Lane, Webster Twp, MI 48189
      View Details
    • $699,500

      Prime Commercial Land Opportunity

      3.51-acre commercial development site in Northfield Township.
      193 Barker Rd, Whitmore Lake, MI 48189
      View Details
    • Contact for pricing
      12,000 SF

      New Industrial/Flex Space Available

      Brand new industrial/flex suites with office and mezzanine.
      11850 Green Oak Industrial Drive, Whitmore Lake, MI 48189
      View Details
    • $110,000

      Residential Land in Mystic Ridge

      Land in Mystic Ridge Subdivision to build your dream home.
      5824 Trail Side Lane, Whitmore Lake, MI 48189
      View Details

    FAQs

    What type of property is this?
    Commercial land - Five-acre vacant parcel with extensive road frontage in Whitmore Lake.
    Where is this commercial land located?
    The property is located at VL Winters Lane Whitmore Lake, MI.
    What is the asking price?
    The asking price for this property is $145,000.
    What are key features of this property?
    This property features: Expansive 5‑acre vacant parcel offers significant space and potential.; Impressive corner lot with approximately 601 feet of frontage on Winters Lane.; Additional frontage (approx. 34 feet) on Coyle Road provides multiple access points.
    (269) 312-2040
    We can help!
    Listing Contact
    Reuben C Mishler
    Reuben C Mishler
    Real Estate License ID: 6501407096
    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
    VL Winters Lane, Whitmore Lake, MI 48189
    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!