Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Land in Burton, MI Title is generated by Realmo AI

    V/L E Scottwood Avenue, Burton, MI 48529

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Burton, MI

    Lot size:
    0.17 Acres
    Added:
    May 30, 2025
    Days on Market:
    359
    Last Refresh:
    May 23 at 11:06 am

    Property Features for V/L E Scottwood Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Standard status
    Active
    APN
    5931526036
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Description
    LOT 43 AND E 50 FT OF W 409.85 FT OF LOT 58 MARTINDALE
    Tax Annual Amount
    236

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Kristin A Ebert

    Listing agent Kristin A Ebert

    Listing office Keller Williams Paint Creek 440 S Main Street, Troy, MI

    Listing date May 30, 2025

    MLS# 20251036404 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

    • Ready to build: Lot is clear and utilities available at the street.
    • Land contract terms available: $5,000 down, $200/month, 5% interest for 39 months.
    • Manufactured and modular homes allowed (with permanent foundation).
    • Zoned R‑1C.
    • Minimum floor area of 800 sq ft.
    • Public water source available.

    Overview

    This residential land, zoned R-1C, is ready for construction. Connections for water, sewer, and electric are available at the street. The lot is clear and has a size of 0.17 acres. The minimum floor area requirement is 800 square feet. Manufactured and modular homes are allowed, provided they are built on a permanent foundation. The property is located on Scottwood Avenue in Burton, MI. The county GIS and required setbacks are attached to the listing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Burton
    County
    Genesee
    State
    Michigan
    Longitude
    -83.694704
    Latitude
    42.970573

    Nearby Similar for Sale

    • $280,000
      3,560 SF

      Commercial Building in Prime Corridor

      3,500 SF commercial building with high visibility and flexibility.
      4277 S Saginaw Street, Burton, MI 48529
      View Details
    • $895,000
      7,400 SF

      4086 Davison, Burton MI - Inspire Canna

      Turnkey dispensary business and real estate for sale in Burton.
      4086 Davison Rd, Burton, MI 48509
      View Details
    • $180,000
      1,788 SF

      Commercial Property with Living Space

      Commercial property with shop and apartment, near I-75.
      2044 E Bristol, Burton, MI 48529
      View Details
    • $1,200,000
      7,330 SF

      Established Laundromat in Prime Location

      Well-established laundromat near major highways with strong customer base.
      2247 S Center, Burton, MI 48519
      View Details
    • $975,000
      4,300 SF

      Commercial Land on Davison Road

      3.8 acres of commercial real estate in Burton, Michigan.
      4154 DAVISON Rd, Burton, MI 48509
      View Details
    • $125,000

      Prime Development Opportunity in Burton

      1.71-acre commercial land with high visibility and accessibility.
      1423 N Belsay Road, Burton, MI 48509
      View Details
    • $280,000
      3,500 SF

      Burton Commercial Asset For Sale

      3,500 SF commercial building in prime Burton corridor.
      4277 S Saginaw St, Burton, MI 48529
      View Details
    • $695,000
      4,100 SF

      Church and Garage on Acreage

      Church with garage, classrooms, and parking on 6.84 acres.
      4075 E Atherton Rd, Burton, MI 48519
      View Details
    • $260,000

      Versatile Office Building For Sale

      High-visibility office building with flexible space and income potential.
      5046 DAVISON Rd, Burton, MI 48509
      View Details
    • $650,000
      4,912 SF

      Fully Rented Commercial Property

      Three-unit commercial property in high-traffic area with expressway access.
      1184 S Belsay Road, Burton City, MI 48509
      View Details
    • $37,500

      Residential Land in Burton, MI

      Vacant corner lot in a developing neighborhood.
      000 Pine Creek, Burton, MI 48519
      View Details
    • $19,000

      Burton Buildable Residential Lot

      Cleared 0.97-acre lot with utilities near shopping and recreation.
      3418 Byers, Burton, MI 48519
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Ready-to-build residential land with utilities available in Burton, Michigan.
    Where is this residential land & home lot located?
    The property is located at V/L E Scottwood Avenue Burton, MI.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Ready to build: Lot is clear and utilities available at the street.; Land contract terms available: $5,000 down, $200/month, 5% interest for 39 months.; Manufactured and modular homes allowed (with permanent foundation).
    (248) 649-7200
    We can help!
    Listing Contact
    Kristin A Ebert
    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
    V/L E Scottwood Avenue, Burton, MI 48529
    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!