Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    13151 Northland Dr Cedar Springs, MI 49319

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $159,900

    1.12-acre vacant land suitable for small business development.

    Lot size:
    1.12 Acres

    Property Features for 13151 Northland Dr

    General Information

    Lot size
    1.12 Acres

    We can help!

    Listing Contact
    Benjamin Pitcher
    Source: Moodyscre

    Listing Agent: Benjamin Pitcher

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Vacant Land on Northland Drive

    This 1.12-acre vacant land is located on Northland Drive in Cedar Springs. The property is suitable for a small business development. It features an existing curb cut and a detention pond.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Building Supply Spa & Massage Auto Repair Shop Clothing Store Gym & Fitness Auto Parts Store Department Store Skin Care Clinic Storage Facility HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Springs
    County
    Kent
    State
    Michigan
    Longitude
    -85.55183
    Latitude
    43.205105

    Nearby Similar for Sale

    • $400,000

      Amish Furniture Store Opportunity

      Established Amish furniture store and distributorship for sale.
      2805 20 Mile Rd NE, Cedar Springs, MI 49319
      View Details
    • $289,000
      1,829 SF

      Downtown Main Street Business Space

      Versatile commercial space with offices, parking, and recent updates.
      123 S Main St, Cedar Springs, MI 49319
      View Details
    • $1,500,000
      16,352 SF

      Commercial Building Near New Development

      Commercial building on 2.67 acres near upcoming apartment complex.
      14301 White Creek Ave NE, Cedar Springs, MI 49319
      View Details
    • $599,900
      Pending

      RV Repair Business Opportunity

      Commercial property currently used for RV repair business for sale.
      12035 Northland Dr NE, Cedar Springs, MI 49319
      View Details
    • $140,000
      Pending

      Main Street Mixed-Use Opportunity

      Mixed-use building with storefronts and apartments in Cedar Springs.
      39 N Main St NE, Cedar Springs, MI 49319
      View Details
    • $99,000
      2,660 SF

      Main Street Commercial Property

      High-visibility commercial property on Main Street, ready for development.
      28 S Main, Cedar Springs, MI 49319
      View Details
    • $400,000

      Established Amish Furniture Business Opportunity

      Turnkey Amish furniture store and distributorship for sale.
      20 Mile Rd NE 2805, Cedar Springs, MI
      View Details
    • $98,900
      980 SF

      55+ Community Home with Amenities

      Comfortable 2 bed, 2 bath home in a vibrant community.
      13625 Larkspur Ln, Cedar Springs, MI 49319
      View Details
    • $99,900

      55+ Community Home with Amenities

      Comfortable 3-bedroom home in a vibrant 55+ community.
      13671 Starflower Ln, Cedar Springs, MI 49319
      View Details
    • $140,000

      Main Street Mixed-Use Opportunity

      Mixed-use building with storefronts and apartments in Cedar Springs.
      39 N Main St NE, Cedar Springs, MI 49319
      View Details
    • $112,000

      55+ Community Mobile Home

      Mobile home in 55+ community near shopping and amenities.
      3567 Hollyfield Dr, Cedar Springs, MI 49319
      View Details
    • $395,000
      5,040 SF

      Cedar Springs Warehouse - $395K

      Vacant 5,040 SF Warehouse on 2.9 Acres
      810 17 Mile Rd, Cedar Springs, MI 49319
      View Details

    FAQs

    What type of property is this?
    Land - 1.12-acre vacant land suitable for small business development.
    Where is this land located?
    The property is located at 13151 Northland Dr Cedar Springs, MI.
    What is the asking price?
    The asking price for this property is $159,900.
    What are key features of this property?
    This property features: - 1.12-acre vacant land suitable for development; - Located on Northland Drive in Cedar Springs; - Well-suited for a small business development
    (616) 886-6684
    Request Owner's contact information
    13151 Northland Dr Cedar Springs, MI 49319
    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.
    13151 Northland Dr
    Cedar Springs, MI 49319
    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
    13151 Northland Dr Cedar Springs, MI 49319
    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

    We can help!
    Listing Contact
    Benjamin Pitcher
    (616) 886-6684
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.