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    Williamston Rd Williamston, MI 48895

    • Retail properties
    • 2.15 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 0 Williamston Rd

    Lot size
    2.15 lot acres
    Property type
    Retail properties
    Property subtype
    Land

    Description

    This exceptional 2.15-acre parcel of commercially zoned land presents a remarkable investment opportunity in Williamston, Michigan. Located in Ingham County, with the APN 33-18-07-02-400-037, this property boasts a highly desirable C-2 Commercial zoning, ideal for a variety of retail uses, including convenience stores, quick-service restaurants, and storefronts. The land is situated on North Williamston Road, offering exceptional visibility and convenient access to Interstate 96, ensuring high traffic volume and exposure for your business. Its strategic location between Tractor Supply and a Dollar General (currently under construction) further enhances its appeal and potential for strong returns. The property is within the city limits, providing easy access to downtown Williamston while benefiting from the high traffic flow of the major thoroughfare. This is a rare opportunity to acquire a well-positioned parcel in a thriving community, ready for immediate development. The asking price for this exceptional property is $249,000. The approximate boundaries of the parcel are outlined in the provided materials. Don't miss this chance to secure a prime location for your next venture.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Williamston
    County
    Ingham
    State
    Michigan
    Longitude
    -84.2828
    Latitude
    42.6818

    Comparable in this City

    • Value Estimation by Request
      5,280 SF

      627 Grand Riv Ave

      STORE, RETAIL OUTLET • 5,280 SF
      627 Grand Riv Ave, Williamston, MI 48895-1533
      View Details
    • Value Estimation
      $530,000
      6,560 SF

      2525 Grand Riv Rd

      STORE, RETAIL OUTLET • 6,560 SF
      2525 Grand Riv Rd, Williamston, MI 48895-9159
      View Details
    • Value Estimation by Request
      1.30 Acres

      Cor Of Zimmer Rd And Grand Riv Ave

      Land • 1 SF
      0 Cor Of Zimmer Rd And Grand Riv Ave, Williamston, MI 48895
      View Details
    • Value Estimation by Request
      3,445 SF

      3435 Dietz Rd

      Restaurants • 3,445 SF
      3435 Dietz Rd, Williamston, MI 48895
      View Details
    • Value Estimation by Request
      2,160 SF

      206 Grand Riv Ave

      GROCERY, SUPERMARKET • 2,160 SF
      206 Grand Riv Ave, Williamston, MI 48895-1320
      View Details
    • Value Estimation by Request
      2,100 SF

      2635 Williamston Rd

      GROCERY, SUPERMARKET • 2,100 SF
      2635 Williamston Rd, Williamston, MI 48895-9166
      View Details

    Similar Nearby for Sale

    • $295,000
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      Williamston Office Condo Opportunity

      14,000 SF Office Condo, 2.2 Acres
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    • Contact for pricing

      Williamston Industrial Land for Sale

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    • $349,900
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      Williamston Barber Shop Opportunity

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    • $3,600,000
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      Prime Williamston Commercial Land

      123 Acres, I-96 Frontage, $3.6M
      0 Williamston Rd, Williamston, MI 48895
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    • $249,900
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      Williamston Commercial Land - $249,900

      High-impact corner lot, development ready.
      101 Williamston Center Rd, Williamston, MI 48895
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    • $475,000
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      Williamston Industrial Land - 16.5 Acres

      Prime Industrial Land, I-1 Zoning, Excellent Location
      2410 Grand River Ave, Williamston, MI 48895
      View Details
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    Williamston Rd
    Williamston, MI 48895
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    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
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