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    Wooded Residential Building Lot Title is generated by Realmo AI

    2681 Fisk Road, Genoa Twp, MI 48843

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    For Sale
    $159,000

    LAND - Genoa Twp, MI

    Lot size:
    5.73 Acres
    Added:
    Jun 3, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 4 at 12:06 pm

    Property Features for 2681 Fisk Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Standard status
    Active
    APN
    1118100031
    Lot size
    5.73 Acres

    Taxes and HOA fees

    Tax Description
    SEC 18 T2N R5E BEG AT W 1/4 COR TH N00*06'30"W 448.96 FT TH S89*25'16"E 60.82 FT TH SE ON AN ARC RIGHT CHORD BEARING S67*12'30"E 183.64 FT TH SE ON AN ARC LEFT CHORD BEARING S67*12'30"E 183.64 FT TH S89*25'16"E 300.82 FT TH S00*06'30"E 311.25 FT TH N 89*19'38"W 700.01 FT TO POB CONT 5.73 AC M/L SPLIT FR 005 6/95 CORR LEGAL 7/00 PARCEL B
    Tax Annual Amount
    2521

    Utilities

    Water source
    Well

    We can help!

    Listing Contact
    Joel Schmidt

    Listing agent Joel Schmidt License #6502393005

    Listing office Realty Concierge Group 324 W Main St Ste 25, BRIGHTON, MI

    Listing date Jun 3, 2026

    MLS# 20261039285 Listing URL

    Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 5.73‑acre wooded parcel with well water source and a county‑approved well and septic plan
    • No HOA restrictions
    • Property borders 88 acres of farmland for scenic countryside views and added privacy
    • Survey has already been completed
    • Located in Howell Schools area and just minutes from Downtown Howell, local schools, shopping, dining, and expressways

    Overview

    This sale offers a 5.73-acre wooded residential building lot designed for privacy and nature. The property is described as maturely treed, with wildlife present throughout the land. A survey has already been completed, and there is a county-approved well and septic plan intended to simplify the building process. The listing also notes there are no HOA restrictions, giving buyers flexibility for their plans on the parcel.

    The lot is located in Genoa Township within the Howell Schools area, in Livingston County, Michigan. It is presented as bordering 88 acres of farmland, with the opportunity for scenic countryside views and an added buffer from surrounding development. The remarks indicate the property is minutes from Downtown Howell, as well as local schools, shopping, dining, and expressways.

    For prospective homeowners, this is a practical option for building a primary residence on a wooded site where you can work from an existing survey and an approved well/septic plan. The seller also positions the land for outdoor use, including hunting potential based on the wildlife sign mentioned in the remarks. As a residentially zoned parcel, it supports buyers looking to combine a home-building timeline with a more private, recreational-style property setting.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Genoa Twp
    County
    Livingston
    State
    Michigan
    Longitude
    -83.912322
    Latitude
    42.562939

    Nearby Similar for Sale

    • $134,900

      Industrial Land in Genoa Township

      2.17 acre industrial-zoned property for various uses.
      Victory Drive, Genoa Twp, MI 48843
      View Details
    • $400,000

      Genoa Twp 17-Acre Wooded Land

      17 acres of wooded land suitable for residential development.
      VL Herbst, Genoa Twp, MI 48114
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - A surveyed, wooded 5.73-acre parcel with county-approved well and septic plan in a residential setting.
    Where is this residential land & home lot located?
    The property is located at 2681 Fisk Road Genoa Twp, MI.
    What is the asking price?
    The asking price for this property is $159,000.
    What are key features of this property?
    This property features: 5.73‑acre wooded parcel with well water source and a county‑approved well and septic plan; No HOA restrictions; Property borders 88 acres of farmland for scenic countryside views and added privacy
    (800) 417-0117
    We can help!
    Listing Contact
    Joel Schmidt
    Real Estate License ID: 6502393005
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    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.

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