Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Otsego County Land for Sale Title is generated by Realmo AI

    V/L 15A Finnegan Road, Johannesburg, MI 49751

    View on Map
    Claim this Listing
    For Sale
    $77,500

    LAND - Johannesburg, MI

    Lot size:
    15.00 Acres
    Added:
    Apr 30, 2026
    Days on Market:
    23
    Last Refresh:
    May 22 at 9:06 am

    Property Features for V/L 15A Finnegan Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    031-022-400-045-00
    Lot size
    15.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    W 1/2 Of W 1/2 Of E 1/2 Of W 1/2 Of Se 1/4 & W 1/2 Of E 1/2 Of W 1/2 Of E 1/2 Of W 1/2 Of Se 1/4 Sec 22 T30 N R2 W
    Tax Annual Amount
    238

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Maxwell Wierda

    Listing agent Maxwell Wierda License #6501418973

    Listing office TERRAQUEST REAL ESTATE & LAND COMPANY 1948 Englewood Dr. NE, Grand Rapids, MI

    Listing date Apr 30, 2026

    MLS# 26018951 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.

    Overview

    This 15+/- acre tract in Otsego County offers potential as a future homesite, up-north retreat, or recreational property. The property features a mix of timber and open ground, with a variety of tree species throughout. It is located directly across from thousands of acres of State of Michigan land, providing expanded access for hunting, exploring, and recreation. There is deer and turkey sign on the property, and the hunting potential could be enhanced with strategic placement of blinds or food plots. Located less than 15 minutes from the amenities of Gaylord, this tract combines convenience with a recreational setting. The property is located on V/L 15A Finnegan Road, Johannesburg, MI 49751.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunting land

    Suggested Use

    Parking Lot & Garage

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

    Location Insight

    • Map
    • Local Demand
    City
    Johannesburg
    County
    Otsego
    State
    Michigan
    Longitude
    -84.534756
    Latitude
    44.972243

    Nearby Similar for Sale

    • $229,900
      2,024 SF

      Versatile Commercial Opportunity in Johannesburg

      Mixed-use property with office, warehouse, retail space, and residence.
      1249 M 32, Johannesburg, MI 49751
      View Details
    • $200,000
      3,235 SF

      Johannesburg Church Property For Sale

      Well-maintained church with versatile layout in a tranquil rural setting.
      1200 Meridian Line Road, Johannesburg, MI 49751
      View Details
    • $2,750,000

      680 Acres in Johannesburg, MI

      680 acres with houses, outbuildings, and prime hunting land.
      8765 Beckett Road, Johannesburg, MI 49751
      View Details
    • $298,900

      Land with Lofted Garage/Barn

      Land with garage/barn, bunk house, well, septic, and electricity.
      6428 Honey Lane, Johannesburg, MI 49751
      View Details
    • $80,000

      21.6 Acres with Mineral Rights

      21.6 acres in Johannesburg with mineral rights included!
      21.60 AC Finnegan Road, Johannesburg, MI 49751
      View Details
    • $23,900

      5 Acres in Johannesburg, MI

      Five-acre land parcel near Gaylord and Lewiston.
      V/L 5AC E M-32, Johannesburg, MI 49751
      View Details
    • $215,000

      Hunting Land with Log Cabin

      40 acres with updated cabin near public lands.
      14106 Nuenfelt Road, Johannesburg, MI 49751
      View Details
    • $84,900

      Johannesburg Land with Hunting Potential

      10 wooded acres with hunting blind and state land access.
      6736 Finnegan Road, Johannesburg, MI 49751
      View Details
    • $149,000

      39 Acres Prime Hunting Land

      39 acres of hunting land near public lands and trails.
      Parcel B Nuenfelt Road, Johannesburg, MI 49751
      View Details
    • $249,000
      3,235 SF

      Church Property in Rural Setting

      Well-maintained church with versatile layout in tranquil rural setting.
      1200 Meridian Line Road, Johannesburg, MI 49751
      View Details

    FAQs

    What type of property is this?
    Hunting land - 15+/- acres near state land, ideal for recreation/homesite.
    Where is this hunting land located?
    The property is located at V/L 15A Finnegan Road Johannesburg, MI.
    What is the asking price?
    The asking price for this property is $77,500.
    (616) 834-2010
    We can help!
    Listing Contact
    Maxwell Wierda
    Real Estate License ID: 6501418973
    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 15A Finnegan Road, Johannesburg, MI 49751
    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!