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Hillsdale 49274
8875 Kellogg Drive
$40,000
● Land - Off Market

8875 Kellogg Drive

Reading, MI 49274
bedrooms
Studio
bathrooms
0 Bath
$281
Est. Monthly

About This Property

Nice 4.08-acre wooded lot with plenty of potential. Located just minutes from Hemlock Lake, offering a quiet setting. An adjoining 4-acre parcel is available for an additional $48,000. Call today for your own viewing! This company makes no warranty or representations about the contents of this data. It is the responsibility of the parties looking at the property to satisfy themselves as to the accuracy of this information. Taxes were obtained from the local assessor and the taxes could change for the buyer after a closed transaction.

Agent Only Remarks: Additional 4 wooded acre connecting parcel available for $48,000
Unit Size
-
Days on Market
68 days
Land Size
4.08 acres
Price per sqft
-
Property Type
Land
Property Taxes
$45
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: 7 months ago (MichRIC MLS #26004566)

Price History

Date / Event Date Event Price
Apr 17, 2026 Sold
Premium
Sold
Mar 9, 2026 In contract -
In contract
Feb 8, 2026 Listed by CENTURY 21 Affiliated $48,000
Listed by CENTURY 21 Affiliated
Apr 11, 2019 Sold
Premium
Sold
Feb 2, 2018 Listed by CENTURY 21 Affiliated $18,000
Listed by CENTURY 21 Affiliated
Great building lot. Land contract available with 15 percent down.(8318)

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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 177,725
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: False
  • Land Acres: 0000004080
  • Standard Land Use Code: 8001
  • County Land Use Code: 402
  • Legal Description 1: COM W1/4 COR SEC 4 TH S 88 1629E 327.28 FT TH S 0 1231W 484.92 FT TO POB TH S 89 4729E 352.43 FT TH S 0 330W 511.48 FT TH N 8

Neighborhood

  • School District Name: Reading Community Schools
  • Census Tract: 050400

Zoning

  • Zoning: AG

Geography

  • District: 10
  • Parcel: 10-004-300-017-04-7-4
  • Meridian: SEC 04 TWN 07S RNG 04W
  • Municipality: READING TWP
  • Latitude: 41.8888
  • Longitude: -84.785

    Address

  • Full Address: 8875 Kellogg Dr
  • Address - House Number: 8875
  • Address - Street Name: Kellogg
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Reading
  • Zip Code: 49274

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,778

    Market Valuation

  • Market Total Value: $22,670
  • Market Land Value: $22,670

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,300
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 Hillsdale

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$150

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1895 ft²

Average Home Age

88.4 years

Currently For Sale

107 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: Blake Jenkins, CENTURY 21 Affiliated
Last Updated: 7 months ago
Data Source: MichRIC, MLS# 26004566
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 8875 Kellogg Drive built and last sold?
The property at 8875 Kellogg Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8875 Kellogg Drive is $48,480.
What are some comparable homes to 8875 Kellogg Drive?
There are currently no comparable homes to 8875 Kellogg Drive.
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