Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Residential Land in Washington, MI Title is generated by Realmo AI

    00 Wicker, Washington, MI 48094

    View on Map
    Claim this Listing
    Picture of Residential land & home lots at 00 Wicker, Washington, MI
    For Sale
    $49,900

    Vacant Land - Washington, MI

    Lot size:
    0.44 Acres
    Added:
    Mar 5, 2026
    Days on Market:
    83
    Last Refresh:
    May 27 at 6:06 pm

    Property Features for 00 Wicker

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Standard status
    Active
    APN
    24-04-34-152-012
    Lot size
    0.44 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1076

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Anthony Drewek
    Anthony Drewek

    Listing agent Anthony Drewek License #6501196621

    Listing office Realty Executives Home Towne Chesterfield 49940 Gratiot, Port Huron, MI

    Listing date Mar 5, 2026

    MLS# 50200845 Listing URL

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

    HighLights

    • Buildable lots ready for your vision
    • All utilities conveniently located at the street
    • Seller motivated, presenting a great opportunity
    • Seller will look at all offers

    Overview

    This residential land, located in Washington, Michigan, offers buildable lots with all utilities available at the street. The lot size is approximately 0.44 acres. The property is zoned for residential use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Macomb
    State
    Michigan
    Longitude
    -83.034917
    Latitude
    42.724799

    Nearby Similar for Sale

    • $975,000
      7,512 SF

      Washington, MI Office Building

      7,512 square foot office building on 0.22 acres.
      58540 Van Dyke, Washington, MI 48084
      View Details
    • $575,000

      Developed Pad Ready For Building

      Developed building pad with parking and utilities for office/medical use.
      11549 26 Mile Rd, Washington, MI 48094
      View Details
    • $134,900

      Waterfront Land Near Stony Creek

      Almost 2-acre waterfront lot near Stony Creek and Rochester.
      63888 Dequindre Rd, WashingtonTownship_Macomb, MI 48095
      View Details
    • $130,000

      Land Parcel in Washington Township

      Land with pond access in Rochester school district.
      5926 Hunters Ridge Dr, WashingtonTownship_Macomb, MI 48094
      View Details
    • $450,000

      Commercial Land on Van Dyke

      Commercial property on Van Dyke, near downtown Romeo.
      67091 VAN DYKE Rd, WashingtonTownship_Macomb, MI 48095
      View Details
    • $7,015,786
      98,221 SF

      Industrial Facility in Washington, Michigan

      98,221 SF industrial facility in a well-established corridor.
      61166 Van Dyke Ave, Washington, MI 48094
      View Details
    • $181,000

      Washington Township Condo for Sale

      Affordable condo near Romeo with finished basement and serene views.
      67976 Van Dyke #16, Washington, MI 48095
      View Details
    • Contact for pricing
      71,309 SF

      Retail Property in Washington, MI

      Retail property with long-term occupancy and value-add upside.
      66020-66152 Van Dyke, Washington, MI 48095
      View Details
    • $49,900

      Residential Land in Washington, MI

      Vacant residential land with utilities available in Washington, MI.
      000 Wicker, Washington, MI 48094
      View Details
    • $1,100,000

      Industrial Land Near M-53

      7.9 acres of industrial land for sale near M-53.
      61910 - 61970 Van Dyke, Washington, MI 48094
      View Details
    • $900,000

      Land For Sale

      Land available in Washington Township, Macomb, MI.
      29 MILE, WashingtonTownship_Macomb, MI 48094
      View Details
    • Contact for pricing
      71,309 SF

      Romeo Village Shopping Center

      Fully occupied shopping center with strong tenant performance in Washington.
      66030-66152 Van Dyke Rd, Washington, MI 48095
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Vacant land with utilities available in Washington, Michigan.
    Where is this residential land & home lot located?
    The property is located at 00 Wicker Washington, MI.
    What is the asking price?
    The asking price for this property is $49,900.
    What are key features of this property?
    This property features: Buildable lots ready for your vision; All utilities conveniently located at the street; Seller motivated, presenting a great opportunity
    (586) 322-1163
    We can help!
    Listing Contact
    Anthony Drewek
    Anthony Drewek
    Real Estate License ID: 6501196621
    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
    00 Wicker, Washington, MI 48094
    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!