Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Cinder Hill Rd, MI

    • Commercial land
    • 100.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US43-3326687
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for Cinder Hill

    Lot size
    100.00 lot acres
    Property type
    Commercial land
    APN
    05-03-036-020-00
    APU
    50303602000

    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
    Rd
    County
    Antrim
    State
    Michigan
    Longitude
    -84.974
    Latitude
    44.9491

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      72nd NW

      VACANT COMMERCIAL LAND
      72nd NW, Nw, MI
      View Details
    • Value Estimation by Request
      12.14 Acres

      Dnr Pilt Adams Twp, MI

      VACANT COMMERCIAL LAND • 12.14 Acres
      Dnr Pilt Adams Twp, MI
      View Details
    • Value Estimation by Request
      5.37 Acres

      Sheridan Rd, MI

      VACANT COMMERCIAL LAND • 5.37 Acres
      Sheridan Rd, MI
      View Details
    • Value Estimation by Request
      3.80 Acres

      King Rd, MI

      VACANT COMMERCIAL LAND • 3.80 Acres
      King Rd, MI
      View Details
    • Value Estimation by Request
      12.65 Acres

      Dnr Pilt Adams Twp, MI

      VACANT COMMERCIAL LAND • 12.65 Acres
      Dnr Pilt Adams Twp, MI
      View Details
    • Value Estimation by Request
      0.96 Acres

      Foust Rd, MI

      VACANT COMMERCIAL LAND • 0.96 Acres
      Foust Rd, MI
      View Details

    Similar Nearby for Sale

    • $5,013,060

      Auburn Hills I-2 Zoned Land

      Land parcel in Auburn Hills with main road exposure.
      720 N Lapeer Rd, Rochester, MI
      View Details
    • $60,000

      Vacant Land on West Eight

      Vacant land available on West Eight Mile Road.
      8 Mile Rd, Detroit, MI
      View Details
    • $225,000

      Detroit Land For Sale

      Two B-4 zoned lots available on Holbrook Avenue.
      1219 Holbrook Ave, Detroit, MI
      View Details
    • $990,000

      Prime Development Land South Haven

      Approximately 13-acre parcel suitable for commercial and residential development.
      15010 15010 M-140 Hwy, South Haven, MI
      View Details
    • $405,000

      Vacant Land on O'Neil Drive

      1.83 acres of vacant land in a prominent location.
      O'neil Dr, Jackson, MI
      View Details
    • $795,000

      14.66 Acres Development Land

      14.66 acres of industrial-zoned land ready for development.
      77 Kawkawlin, Bay City, MI
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      30 Acre Parcel Near I-94

      30 acre commercial land parcel with I-94 frontage available.
      Michigan Ave And Hewitt Rd, Ypsilanti, MI
      View Details
    • Contact for pricing

      Hartland Land for Future Development

      14.06 acres in growing Hartland community, M-59 frontage.
      M-59, Hartland, MI
      View Details
    • Contact for pricing

      Land Parcel in Oakland Mall

      Land for rent within a shopping destination with retail stores.
      14 Mile Troy Michigan, Troy, MI
      View Details
    • $7,083 /Mo

      Prime Retail Parcel For Lease

      1.50 acre retail parcel for ground lease, high traffic.
      28th St SE 171, Grand Rapids, MI
      View Details
    • $125,000

      Redevelopment Site in Ypsilanti

      Prominent site with high traffic, ideal for various uses.
      2022 Washtenaw Ave, Ypsilanti, MI
      View Details
    • Contact for pricing

      Land Pad in Belmont Center

      Land pad available for rent in Belmont Shopping Center.
      1900 Michigan 102, Detroit, MI
      View Details
    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.
    Cinder Hill
    Rd, MI
    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
    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.