Agricultural Land with
For Sale
$339,000
14525 Klooster Road, Charlevoix, MI 49720
LAND - Charlevoix, MI
Property Size2,880 SF
Lot Size8.00 Acres
Price / SF$117.71
Days on Market30
Property Features for 14525 Klooster Road
General Information
Property type
Land
Property subtype
Other
Zoning
agricultural
Lot features
Electric, Mixed Trees, Mineral Rights
Elementary school district
Charlevoix
Middle school district
Charlevoix
High school district
Charlevoix
Directions
Marion Center to Black Road, South on Black Road approximately 2 miles to property. Look for sign.
Subdivision
Marion
Standard status
Active
APN
009-022-004-75
Lot size
8.00 Acres
Taxes and HOA fees
Tax Description
BEG AT CEN 1/4 COR OF SEC 22 T33N/R8W TH N00DEG03'57"W AL N&s 1/4 LI 659.80 FT TH N89DEG42'44"E ....
Legal Description
BEG AT CEN 1/4 COR OF SEC 22 T33N/R8W TH N00DEG03'57"W AL N&s 1/4 LI 659.80 FT TH N89DEG42'44"E ....
Utilities
Water source
Well
Listing Agency:
Real Estate One - Charlevoix
(231) 547-5100
Listed By:
Bill Dietrich · License #6506042854
(231) 633-1353
Added: Jul 2
Changed: Jul 23
Last Checked: Jul 31 at 7:06PM
MLS# 479162
Copyright © 2026 Northern Michigan MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 8-acre agricultural-zoned property includes a 48-by-60 outbuilding with concrete walls and built-in utilities such as 220-volt electric service, heat, a well and septic system, a half bath, and an on-demand electric water heater. A 30-by-60 pad with full hookups is also on site for RV use.
The property is described as having double road frontage and includes a private pond that is stocked with fish. It is located minutes from downtown Charlevoix, with access to nearby lakes, trails, schools, and other towns.
An on-site outbuilding setup and RV-ready pad offer practical options for storage, workspace, or other uses subject to township approval.
The property is described as having double road frontage and includes a private pond that is stocked with fish. It is located minutes from downtown Charlevoix, with access to nearby lakes, trails, schools, and other towns.
An on-site outbuilding setup and RV-ready pad offer practical options for storage, workspace, or other uses subject to township approval.
Key Highlights
- 8‑acre property with double road frontage
- 48 x 60 outbuilding with concrete walls, 220 electric service, heat, well and septic system, and half bath
- Outbuilding includes on‑demand electric water heater
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.7k | $9.96 |
| − Vacancy | −$2.9k | −$1.00 |
| EGI | $25.8k | $8.96 |
| − OpEx | −$3.9k | −$1.34 |
| NOI | $21.9k | $7.62 |
2,880 SF · lease $9.96/SF/yr · vacancy 10.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$313.5K
$274.3K – $365.7K
NOI $21,944 @ 7.0% cap · market cap 6.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$583.0K
$510.1K – $680.1K
NOI $40,808 @ 7.0% cap · market cap 12.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49720, MI
9,127
Population
6,236
Households
1.5
Avg Household Size
52
Median Age
38%
College-Educated
97%
High-School Grad
95.5 sq mi
ZIP Area
96
Density / Sq Mi
$76,127
Median Household Income
$41,563
Median Earnings
$985
Median Rent
$265,100
Median Home Value
Market
Properties on Market for Warehouses in Charlevoix
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Warehouse - 8-acre agricultural property with a 48-by-60 outbuilding, RV pad, pond, and utilities including well and septic.
Where is this warehouse located?
The property is located at 14525 Klooster Road Charlevoix, MI.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: 8‑acre property with double road frontage; 48 x 60 outbuilding with concrete walls, 220 electric service, heat, well and septic system, and half bath; Outbuilding includes on‑demand electric water heater
