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Lenawee 49236
12472 Wisner Highway
$50,000
● Land - Off Market

12472 Wisner Highway

Clinton, MI 49236
bedrooms
Studio
bathrooms
0 Bath
$70,103
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Build your dream home just west of Clinton(west of M-52 & south of M-52). This 2.69 acre rolling site on a small pond with well & septic already in place. Placed along with four other newer homes to make it a picturesque development. A must see property, please call with questions.
Unit Size
-
Days on Market
-
Land Size
2.69 acres
Price per sqft
-
Property Type
Land
Property Taxes
$33
HOA Dues
-
Year Built
-

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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: 3 years ago (MichRIC MLS #23036525)

Price History

Date / Event Date Event Price
Jul 1, 2020 Sold
Premium
Sold
Jun 3, 2020 Listed by Keller Williams Ann Arbor $50,000
Listed by Keller Williams Ann Arbor
Jun 15, 2017 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 10
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 117,176
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000002690
  • Standard Land Use Code: 8001
  • County Land Use Code: 402
  • Legal Description 1: LD BEG 559.71 FT W OF E 1/4 POST SEC 3 RUNN TH W 236.85 FT TH S 530 FT TH N 73 DEG E 247.37 FT TH N 459.79 FT TO POB SEC 3

Neighborhood

  • School District Name: Clinton Community Schools
  • School Tax School District: SCH: 46060
  • Census Tract: 060301

Geography

  • District: FR0
  • Section: 3
  • Parcel: FR0-103-4250-00
  • Municipality: FRANKLIN TWP
  • Latitude: 42.0642
  • Longitude: -84.0491

    Address

  • Full Address: 12472 Wisner Hwy
  • Address - House Number: 12472
  • Address - Street Name: Wisner
  • Address - Suffix Type: Hwy
  • State: MI
  • City Name: Clinton
  • Carrier Code: R002
  • 4-Digit Zip Code: 9787
  • Zip Code: 49236

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $193,488

    Market Valuation

  • Market Total Value: $288,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $144,100

    Sales

  • Current Sale Contract Date: Jun 25, 2020
  • Current Sale Recording Date: Jul 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jun 15, 2017
  • Previous Sale Contract Date: Jun 15, 2017
  • Previous Sale Amount: $27,900
  • Previous Sale Document Type: 71
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 Lenawee

Stats & Trends

Median Asking:

$260,000

Sale Price/ft²

$160

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1989 ft²

Average Home Age

67.8 years

Currently For Sale

86 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: Patrick L Fielder, Keller Williams Ann Arbor
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23036525
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 12472 Wisner Highway built and last sold?
The property at 12472 Wisner Highway was built in and last sold on Jun 25, 2020 for $50,000.
How much is this home worth?
The estimated value of the home located at 12472 Wisner Highway is $0.
What are some comparable homes to 12472 Wisner Highway?
There are currently no comparable homes to 12472 Wisner Highway.
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