Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Development Land South of Midland Title is generated by Realmo AI

    S Poseyville Rd, Midland, MI

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Approximately 50 acres of development land near Midland.

    Type:LAND
    Lot size:
    50.00 Acres
    Added:
    Nov 24, 2025
    Days on Market:
    193
    Last Refresh:
    May 20 at 8:42 pm

    Property Features for S Poseyville Rd

    General Information

    Standard status
    Active
    Lot size
    50.00 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Gretchen Witherspoon,SIOR,CCIM

    Listing agent Gretchen Witherspoon,SIOR,CCIM

    Listing office Trademark Commercial Group

    Listing date Nov 24, 2025

    Source Moodyscre

    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 Trademark Commercial Group

    HighLights

    • Approximately 50 acres of development land.
    • Located on S. Poseyville Road near Gordonville Road.
    • Situated in the Bullock Creek area south of Midland.
    • Adjacent to the Midland Cogeneration Venture.
    • Great development opportunities.
    • REDUCED!! price.

    Overview

    This property offers development opportunities with approximately 50 acres of land located on S. Poseyville Road near Gordonville Road in the Bullock Creek area, south of Midland. The property is adjacent to the Midland Cogeneration Venture and has many possible uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Midland
    County
    Midland
    State
    Michigan
    Longitude
    -84.2475
    Latitude
    43.5976

    Nearby Similar for Sale

    • $842,500
      14,228 SF

      Midland Commercial/Industrial Building For Sale

      Office/warehouse building with cold storage and high visibility.
      49 E ISABELLA, Midland, MI 48640
      View Details
    • $899,900
      2,457 SF

      Downtown Salon & Spa Property

      Established salon/spa on a 0.33-acre site with strong downtown vehicle traffic for customer visibility.
      312 McDonald Street, Midland, MI 48640
      View Details
    • $995,000
      6,000 SF

      Retail Property with Drive-Up Window

      Retail building near a hospital and Dow High School, offering both leased space and additional space for occupancy.
      2706 N Saginaw Road, Midland, MI 48640
      View Details
    • $475,000
      9,578 SF

      Midland Church Versatile Facility

      Well-maintained church with daycare license and flexible spaces.
      1717 Sugnet Rd, Midland, MI 48642
      View Details
    • $995,000
      6,000 SF

      Medical or Retail Flex Building

      Updated building with a drive-up window and ample rear parking, well suited for medical, retail, or professional use.
      2706 N Saginaw Road, Midland, MI 48640
      View Details
    • $475,000
      9,578 SF

      Midland Church of the Brethren

      1717 Sugnet Rd, Midland, MI 48642
      View Details
    • $319,000
      1,000 SF

      Storefront with Flexible Interior Layout

      Street-facing storefront windows and a flexible interior support retail, dining, or mixed-use concepts near a downtown pedestrian plaza.
      134 W Main Street, Midland, MI 48640-5156
      View Details
    • $1,200,000
      4,000 SF

      Established Restaurant Landmark in Midland

      Operating restaurant with bar, updated interior, ample parking.
      1716 W WACKERLY, Midland, MI 48640
      View Details
    • $464,500
      9,678 SF

      Corner Warehouse with Attached Office

      Warehouse with high ceilings and overhead doors plus attached office, on a commercial corner lot with road frontage.
      3101 S Saginaw Road, Midland, MI 48640
      View Details
    • $198,500
      1,135 SF

      Midland Office Building For Sale

      Office building in Midland, MI with leaseback opportunity.
      402 Bayliss, Midland, MI 48640
      View Details
    • $999,000
      8,786 SF

      Midland Retail Building For Sale

      Retail building in Midland CBD with redevelopment potential.
      201 McDonald Street, Midland, MI, 48640
      View Details
    • $849,000
      10,361 SF

      Colonial Residence with Annex

      Riverfront colonial residence with a large annex, seven bedrooms, and two separate kitchens for flexible living or hosting.
      3115 Isabella Street, Midland, MI 48640
      View Details

    FAQs

    What type of property is this?
    Land - Approximately 50 acres of development land near Midland.
    Where is this land located?
    The property is located at S Poseyville Rd Midland, MI.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: Approximately 50 acres of development land.; Located on S. Poseyville Road near Gordonville Road.; Situated in the Bullock Creek area south of Midland.
    (989) 295-0353 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Gretchen Witherspoon,SIOR,CCIM
    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
    S Poseyville Rd, Midland, MI
    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!