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Jackson 49230
12151 Ladd Road
$160,000
● Land - Off Market

12151 Ladd Road

Brooklyn, MI 49230
bedrooms
Studio
bathrooms
0 Bath
$869
Est. Monthly

About This Property

Spanning 7 acres, this property boasts a spacious 40x64 pole barn designed for versatility and functionality. The barn includes five overhead doors, a large sliding door, a concrete floor, and a 200-amp electrical service. The expansive acreage offers an ideal building site, combining practicality and potential in a beautiful setting.
Unit Size
-
Days on Market
-
Land Size
6.22 acres
Price per sqft
-
Property Type
Land
Property Taxes
$59
HOA Dues
-
Year Built
-

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MichRIC MLS #24061064)

Price History

Date / Event Date Event Price
Jan 15, 2025 Sold
Premium
Sold
Dec 20, 2024 In contract -
In contract
Nov 26, 2024 Listed by HOWARD HANNA REAL ESTATE SERVI $164,900
Listed by HOWARD HANNA REAL ESTATE SERVI
Jul 26, 2021 Sold
Premium
Sold
May 4, 2021 Listed by HOWARD HANNA REAL ESTATE SERVI $149,000
Listed by HOWARD HANNA REAL ESTATE SERVI
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 2,560
  • Parking Space Count: 9
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 270,943
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: NORVELL
  • Land Acres: 0000006220
  • Standard Land Use Code: 7000
  • County Land Use Code: 101
  • Legal Description 1: BEG AT NW COR OF SEC 27 TH S01DEG 27'54''E 296.33 FT TO CEN OF LADD RD TH S82DEG 40'15''E ALG CEN LN OF SD RD 766.33 FT ALG

Neighborhood

  • School District Name: Columbia School District
  • School Tax School District: 38040
  • Census Tract: 006803

Zoning

  • Zoning: RES

Geography

  • Assessors Map Reference: MAPS
  • District: 10
  • Parcel: 000-20-27-151-001-08
  • Meridian: SEC 27 TWN 04S RNG 02E
  • Municipality: NORVELL TWP
  • Latitude: 42.0999
  • Longitude: -84.1875

    Address

  • Full Address: 12151 Ladd Rd
  • Address - House Number: 12151
  • Address - Street Name: Ladd
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Brooklyn
  • Carrier Code: R008
  • 4-Digit Zip Code: 9579
  • Zip Code: 49230

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $70,561
  • Tax Rate Code Area: 10

    Market Valuation

  • Market Total Value: $108,400
  • Market Land Value: $30,200
  • Market Improvement Value: $78,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,200
  • Assessed Land Value: $15,100
  • Assessed Improvements Value: $39,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 07, 2021
  • Current Sale Recording Date: Jul 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2889884
  • Previous Sale Recording Date: May 10, 2016
  • Previous Sale Contract Date: May 04, 2016
  • Previous Sale Amount: $21,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Jackson

Stats & Trends

Median Asking:

$233,000

Sale Price/ft²

$145

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1889 ft²

Average Home Age

74.5 years

Currently For Sale

414 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MichRIC

Listed by: KAYLA DOMINIQUE, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24061064
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 12151 Ladd Road built and last sold?
The property at 12151 Ladd Road was built in and last sold on Jul 7, 2021 for $155,000.
How much is this home worth?
The estimated value of the home located at 12151 Ladd Road is $0.
What are some comparable homes to 12151 Ladd Road?
There are currently no comparable homes to 12151 Ladd Road.
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