Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Commercial Land Corner Parcel Title is generated by Realmo AI

    5970 Pointe Tremble Road, Algonac, MI 48001

    View on Map
    Claim this Listing
    For Sale
    $65,000

    LAND - Algonac, MI

    Lot size:
    0.36 Acres
    Added:
    Apr 7, 2026
    Days on Market:
    59
    Last Refresh:
    Jun 4 at 2:06 pm

    Property Features for 5970 Pointe Tremble Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    142620015000
    Lot size
    0.36 Acres

    Taxes and HOA fees

    Tax Annual Amount
    659

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Elaine Gulock

    Listing agent Elaine Gulock License #6506046814

    Listing office Keller Williams Realty Lakeside 45609 Village Blvd, Shelby Township, MI

    Listing date Apr 7, 2026

    MLS# 50203725 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

    • Irregular‑shaped corner parcel consisting of 2 lots, zoned C
    • All utilities available at the street
    • Public water source

    Overview

    This offering is a vacant commercial land parcel configured as an irregular-shaped corner site and comprised of two lots (see photos). The property is zoned C, and all utilities are available at the street, supporting straightforward development planning.

    The parcel is located at 5970 Pointe Tremble Road in Algonac, Michigan, in St. Clair County. The listing also notes a river view, which may be a consideration for a variety of site and building designs.

    The site may be a practical fit for builders or developers seeking an infill-style corner parcel with utilities at the street and a zoning designation of C for commercial use. Interested parties should review the photos for the two-lot layout and confirm development requirements with the appropriate local authorities prior to submitting offers. A land contract option is also mentioned in the remarks.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Department Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Algonac
    County
    St. Clair
    State
    Michigan
    Longitude
    -82.5976398
    Latitude
    42.6265923

    Nearby Similar for Sale

    • $225,000
      2,060 SF

      Three-Unit Multifamily with Conversion Potential

      One-bedroom units with central air and exterior decks, plus basement laundry and flexibility to convert to four units.
      1719 Saint Clair River Drive, Algonac, MI 48001
      View Details
    • $595,000
      4,565 SF

      Riverview Apartment Building

      Seven-unit residential income property with separate gas and electric meters and refreshed interiors with updated sewer.
      1523 Saint Clair River Drive, Algonac, MI 48001
      View Details
    • $154,900

      Waterfront Canal Lot

      Buildable waterfront canal lot in Algonac near the St. Clair River for boating access.
      7294 Flamingo Street, Algonac, MI 48001
      View Details
    • $319,000
      1,900 SF

      M-29 Retail Property For Sale

      Retail property on M-29 with parking and updates.
      588 Pointe Tremble Rd, Algonac, MI 48001
      View Details
    • $225,000

      Algonac Multi-Unit Investment Opportunity

      Three-unit property near Algonac State Park, potential for four units.
      1719 Saint Clair River Dr, Algonac, MI 48001
      View Details
    • $79,900

      Residential Land in Algonac, MI

      1.6 acre residential land with utilities in Algonac, MI.
      6630 Holland Street, Algonac, MI 48001
      View Details
    • Contact for pricing
      4 SF

      Neighborhood Shopping Center with Kroger

      Neighborhood shopping center anchored by Kroger and Dollar Tree.
      2600 Pointe Tremble Road | Algonac, MI 48001, MI 48001
      View Details

    FAQs

    What type of property is this?
    Commercial land - Vacant irregular corner parcel zoned C, split into two lots with utilities available at the street.
    Where is this commercial land located?
    The property is located at 5970 Pointe Tremble Road Algonac, MI.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: Irregular‑shaped corner parcel consisting of 2 lots, zoned C; All utilities available at the street; Public water source
    (586) 822-7696
    We can help!
    Listing Contact
    Elaine Gulock
    Real Estate License ID: 6506046814
    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
    5970 Pointe Tremble Road, Algonac, MI 48001
    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!