Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Sweetwater Meadows Buildable Unit Title is generated by Realmo AI

    222 Taylors Court, Scottville, MI 49454

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Scottville, MI

    Lot size:
    0.31 Acres
    Added:
    Dec 3, 2024
    Days on Market:
    545
    Last Refresh:
    Jun 1 at 11:06 am

    Property Features for 222 Taylors Court

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    052-275-008-00
    Lot size
    0.31 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    2024 NEW PARCEL; SPLIT FROM 052-275-000-04; SWEETWATER CONDOMINIUM UNIT 8
    Tax Annual Amount
    605

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Bob Budreau

    Listing agent Bob Budreau License #6502356674

    Listing office GREENRIDGE Realty Ludington 5492 W US 10, Ludington, MI

    Listing date Dec 3, 2024

    MLS# 24061621 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

    • Buildable 0.31A Unit ready for your dream home.
    • Located in the desirable Sweetwater Meadows Neighborhood.
    • Situated in Scottville, offering a charming community atmosphere.
    • Public water source available.
    • Public sewer connected.
    • Cable available for modern connectivity.

    Overview

    This property is a 0.31-acre buildable unit located in the Sweetwater Meadows neighborhood of Scottville, Michigan. Specifically, it is identified as Unit #8 within this new residential area. The property is located in Mason County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Hair Salon Building Supply Auto Repair Shop Hotel & Motel Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Scottville
    County
    Mason
    State
    Michigan
    Longitude
    -86.272598
    Latitude
    43.958135

    Nearby Similar for Sale

    • $339,900
      1,800 SF

      Scottville Commercial Property with Apartment

      Commercial space with apartment and vacant lot in Scottville, MI.
      120 Main Street N, Scottville, MI 49454
      View Details
    • $89,900
      7,320 SF

      Spacious Commercial Building in Scottville

      7,320 SF commercial building in downtown Scottville, Michigan.
      107 S Main Street, Scottville, MI 49454
      View Details
    • $150,000
      2,850 SF

      Mixed-Use Investment Opportunity

      Fully leased mixed-use property in downtown Scottville with investment potential.
      133 S Main Street, Scottville, MI 49454
      View Details
    • $1,390,000

      Sweetwater Meadows Multifamily Investment Opportunity

      Multifamily package with existing rentals and development potential in Scottville.
      Multiple Taylors Court & Evans Way, Scottville, MI 49454
      View Details
    • $94,900
      7,320 SF

      Spacious Building in Downtown Scottville

      7,320 SF building in downtown Scottville with parking.
      107 S Main St, Scottville, MI 49454
      View Details
    • $100,000

      Scottville Land with Utilities Ready

      1.39 acres in Victory Township with existing utilities.
      3008 N Amber Road, Scottville, MI 49454
      View Details
    • $124,900

      Waterfront Land on St Marys Lake

      4.63 acres with 93 ft of private lake frontage.
      Hogenson lot: H, Scottville, MI 49454
      View Details
    • $134,900

      St. Marys Lake Waterfront Land

      4.63 acre waterfront lot on St. Marys Lake.
      Hogenson lot: I, Scottville, MI 49454
      View Details
    • $245,000

      St Marys Lake Waterfront Land

      7.53 acres with 275 ft of private lake frontage.
      Hogenson lot: B, Scottville, MI 49454
      View Details
    • $245,000

      Waterfront Land Parcel For Sale

      9.37 acre waterfront lot with 250 ft frontage.
      Hogenson lot: D, Scottville, MI 49454
      View Details
    • $179,900

      Waterfront Land on St Marys Lake

      13.13 acres with 204 ft of private lake frontage.
      Hogenson lot: G, Scottville, MI 49454
      View Details
    • $169,900

      St Marys Lake Waterfront Land

      10.88 acre waterfront lot on St Marys Lake.
      Hogenson lot: F, Scottville, MI 49454
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.31 acre buildable unit in Scottville's newest neighborhood.
    Where is this residential land & home lot located?
    The property is located at 222 Taylors Court Scottville, MI.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Buildable 0.31A Unit ready for your dream home.; Located in the desirable Sweetwater Meadows Neighborhood.; Situated in Scottville, offering a charming community atmosphere.
    (231) 690-8127
    We can help!
    Listing Contact
    Bob Budreau
    Real Estate License ID: 6502356674
    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
    222 Taylors Court, Scottville, MI 49454
    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!