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Lenawee 49247
13400 Packard Road
$282,500
● Land - Off Market

13400 Packard Road

Hudson, MI 49247
bedrooms
Studio
bathrooms
0 Bath
$1,909
Est. Monthly
2.08%
Cap Rate

About This Property

Land for sale Lenawee County!  65+\- acres of prime hunting land.  Great mixture of woods, tillable, and a couple thick lowland swale holes making your possibilities endless for setting up your next Whitetail and wild game sanctuary.  

Two pole buildings and a storage shed are there for all your outdoor toys and equipment.  Easy to get to from Jackson, Detroit, Ann Arbor, and Toledo areas.  Call today to schedule a walk.
Unit Size
-
Days on Market
-
Land Size
65.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$312
HOA Dues
-
Year Built
2017

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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 #22033941)

Price History

Date / Event Date Event Price
Jan 8, 2024 Sold
Premium
Sold
Aug 8, 2022 Listed by Michigan Whitetail Properties $325,000
Listed by Michigan Whitetail Properties
May 26, 2017 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 200
  • 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: 2,820,074
  • Total Building Area: 1,728
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 6
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000064740
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: W 1/2 OF W 1/2 OF SW 1/4 SEC 11 T8S R1E EXC LD DES AS COMM ON THE S LI OF SW1/4 OF SD SEC AT A PT LOC 357.67 FT N86^58'20"E FROM THE SW COR OF SD SEC & RUNN TH N06^38'39"W 224.35 FT TH N06^48'41`E 518.59 FT N86^58'20"E 240.33 FT TH S03^11'06"E 734.87

Neighborhood

  • School District Name: Morenci Area Schools
  • School Tax School District: SCH: 46100
  • Census Tract: 061900

Geography

  • District: ME0
  • Section: 11
  • Parcel: ME0-111-3150-00
  • Meridian: SEC 10 TWN 08S RNG 01E
  • Municipality: MEDINA TWP
  • Latitude: 41.7856
  • Longitude: -84.2718

    Address

  • Full Address: 13400 Packard Rd
  • Address - House Number: 13400
  • Address - Street Name: Packard
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Hudson
  • Carrier Code: R002
  • 4-Digit Zip Code: 9580
  • Zip Code: 49247

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $387,527
  • Initial Tax Delinquent Year: 2016

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 406,748
  • High Value: 476,405
  • Low Value: 337,090

    Market Valuation

  • Market Total Value: $385,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $192,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 01, 2017
  • Current Sale Recording Date: May 26, 2017
  • Current Sale Price:
    Premium
  • Current 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: Mike Plemmons, Michigan Whitetail Properties
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22033941
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 13400 Packard Road built and last sold?
The property at 13400 Packard Road was built in 2017 and last sold on May 1, 2017 for $210,000.
How much is this home worth?
The estimated value of the home located at 13400 Packard Road is $0.
What are some comparable homes to 13400 Packard Road?
There are currently no comparable homes to 13400 Packard Road.
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