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    116 Arcola St Garden City, MI 48135

    For Sale
    $299,000

    Vacant Land - Garden City, MI

    Lot size:
    0.41 Acres
    Days on Market:
    137
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for 116 Arcola St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Cleared
    Zoning
    Multi-Family
    APN
    35015010051001
    Exterior features
    Cleared, Corner Lot
    Lot size
    0.41 Acres

    Building Details

    Architectural style
    Other

    Own It Realty (313) 395-0000 [email protected]

    Listing agent Hassan Shukr (313) 395-0000

    Listing date Jul 30, 2025

    MLS# 20251019681 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Site in Garden City

    Located at the northeast corner of Arcola Avenue and Cherry Hill Road in Garden City, this 0.41-acre development site measures 180'x100'. The parcel is shovel-ready and has been rezoned from C-1 to R-3, permitting multi-family residential development. Site plans are complete for a two-story, 7-unit apartment building, featuring 2 one-bedroom and 5 two-bedroom units. The building footprint is 3,670 sq. ft. per floor, with a proposed height of 22 feet. The site plan includes 20 on-site parking spaces, including 2 barrier-free spaces, and approved layouts for landscaping, utilities, and storm water management. Engineering components, such as grading, utility, lighting, and landscape plans, have been professionally prepared. The property is located near shopping, restaurants, and major roadways, making it suitable for developers or investors seeking a multi-family opportunity in a strong rental market. The site offers visibility at a signalized intersection. All utilities are available at the street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Garden City
    County
    Wayne
    State
    Michigan
    Longitude
    -83.311781
    Latitude
    42.313017

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    FAQs

    What type of property is this?
    Apartment building - Shovel-ready 0.41-acre site for multi-family residential development.
    Where is this apartment building located?
    The property is located at 116 Arcola St Garden City, MI.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Shovel-ready 0.41-acre development site, zoned R-3 for multi-family residential development.; - Approved site plans for a two-story, 7-unit apartment building, featuring a mix of one and two-bedroom units.; - Meets and exceeds parking requirements with 20 on-site spaces, including 2 barrier-free spaces.
    (313) 395-0000
    Request Owner's contact information
    116 Arcola St Garden City, MI 48135
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    Garden City, MI 48135
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    Realmo Value Estimation

    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.

    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.

    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
    116 Arcola St Garden City, MI 48135
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