Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    E Pinconning Rd Pinconning, MI 48650

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Land with high potential near major businesses and casino.

    Type:Land
    Added:
    Jan 14, 2021
    Days on Market:
    1908
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for E Pinconning Rd

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Wilson Lahoud

    Listing agent Wilson Lahoud License #MI

    Listing office INCA Realty LLC

    Listing date Jan 14, 2021

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of INCA Realty LLC

    Overview

    Pinconning Road Commercial Land Opportunity

    This commercial land is located off the Pinconning Road exit, across the street from The Cheese House and a McDonald's/Shell gas station. The property is situated minutes from the Saganing Eagles Landing Casino. The township recently approved an ordinance for a cannabis dispensary in the area. Phase 1 environmental testing has been completed, and reports were clean. Sewer is available onsite. An adjacent parcel of land with an additional 2.50 acres is also available.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Pinconning
    County
    Bay
    State
    Michigan
    Longitude
    -84.038771
    Latitude
    43.854435

    Nearby Similar for Sale

    • $199,900
      3,480 SF

      Versatile Commercial Building on M-13

      High-visibility commercial building suitable for retail, service, or office operations.
      300 N Mable, Pinconning, MI 48650
      View Details
    • $825,000

      Pinconning Vacant Land Near I-75

      22.1 acres of commercial land near I-75 with development potential.
      1420 E Pinconning Road, Pinconning, MI 48650
      View Details
    • $149,900

      Versatile Recreational Land Near Lake Huron

      38-acre recreational property with hunting, timber, and building potential.
      V/L 38A Maloney Road, Pinconning, MI 48650
      View Details
    • $899,000
      12,280 SF

      Retail Building in Pinconning, Michigan

      Retail building with ample parking and pylon signage for sale.
      3851 N Huron Road, Pinconning, MI 48650
      View Details
    • $8,650,000

      Marijuana Grow Facility For Sale

      State-of-the-art marijuana grow facility with freeway access.
      419 E. Pinconning Rd, Pinconning, MI 48650
      View Details
    • $2,500,000
      229,000 SF

      Pinconning Industrial Building with Cranes

      220,000 SF industrial building with cranes and loading docks.
      401 E 5th St, Pinconning, MI 48650
      View Details
    • Contact for pricing
      12,280 SF

      Retail Building Near I-75 Access

      Two-tenant retail building with ample parking and pylon signage.
      3851-3859 N Huron Rd, Pinconning, MI
      View Details
    • $175,000
      2,840 SF

      Pinconning Retail Space For Sale

      Retail space with frontage on US-13/23 in Pinconning.
      305 S Mable St, Pinconning, MI 48650
      View Details
    • $279,000
      5,548 SF

      Commercial/Industrial Property on N Huron

      Commercial/Industrial property with high visibility and multiple buildings.
      3603 N Huron, Pinconning, MI 48650
      View Details
    • $250,000

      Land Near Pinconning Road Exit

      Land available near Pinconning Road exit, suitable for development.
      V/L E Pinconning Road, Pinconning Twp, MI 48650
      View Details
    • $149,000
      1,515 SF

      Commercial Building Suitable for Office

      Commercial property suitable for office use in Pinconning, Michigan.
      1066 E Pinconning Rd, Pinconning, MI 48650
      View Details
    • $148,000
      1,515 SF

      Pinconning Commercial Property For Sale

      Commercial property in Pinconning, suitable for office or development.
      1066 E Pinconning, Pinconning, MI 48650
      View Details

    FAQs

    What type of property is this?
    Commercial land - Land with high potential near major businesses and casino.
    Where is this commercial land located?
    The property is located at E Pinconning Rd Pinconning, MI.
    What is the asking price?
    The asking price for this property is $835,000.
    What are key features of this property?
    This property features: Prime location off Pinconning Rd. exit, near The Cheese House, McDonald's, and Shell gas station.; Sewer available onsite.; Proximity to Saganing Eagles Landing Casino.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Wilson Lahoud
    Real Estate License ID: MI
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!