7251 Midland Road Freeland, MI 48623
COMMERCIAL - Freeland, MI
- Added:
- May 20, 2026
- Days on Market:
- 54
- Last Refresh:
- Jul 12 at 4:06 pm
Property Features for 7251 Midland Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Interior features
- Broadband
- Standard status
- Active
- APN
- 29133214003009 & 29-13-3-21-4003-010
- Size
- 4,960 SF
- Lot size
- 10.19 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- at LO
- Tax Annual Amount
- 6654
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air
- Water source
- Well
- Water front
- 1
Building Details
- Year built
- 1970
- Number of units
- 1
- Building materials
- Metal Siding
Listing agent Priscilla Cazier License #6501409399 (616) 644-5398
Listing office Keller Williams GR East 1555 Arboretum Dr. SE Ste 101, Grand Rapids, MI (616) 575-1800
Listing date May 20, 2026
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.
Investment Insights
Based on property information with market context.
Key Highlights
- High‑traffic location on Midland Rd offers excellent commercial visibility.
- Includes an attached campground with 35 campsites and the area's only nearby boat launch.
- Features a 20x60 pole barn for extra storage or operations.
Local Financial Insights For Mixed Use
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 | $71.4k | $14.40 |
| − Vacancy | −$7.1k | −$1.44 |
| EGI | $64.3k | $12.96 |
| − OpEx | −$24.1k | −$4.86 |
| NOI | $40.2k | $8.10 |
