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    Heritage Dr Richmond, MI 48062

    For Sale
    $350,000

    Vacant Land - Richmond, MI

    Lot size:
    3.07 Acres
    Days on Market:
    685
    Last Refresh:
    Dec 9 at 2:06 pm

    Property Features for Heritage Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    07-06-01-451-050
    Lot size
    3.07 Acres

    Building Details

    Architectural style
    Other

    Realty Executives Home Towne (810) 300-1650 [email protected]

    Listing agent David Jacobson (586) 949-8300 License #6501274803

    Listing date Jan 25, 2024

    MLS# 50021325 Listing URL

    Copyright © 2025 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Richmond Commercial Land Opportunity

    This commercial land is situated across from established professional suites in Richmond, Michigan. The property, which is irregular in shape, requires splitting from an existing retention pond and parking lot. The owner is open to collaborating with a new owner regarding the size and split of the parcel. Approximately 2 acres to 2.25 acres are available from the full 3.076 acres parcel. Re-zoning is a possibility for this site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Richmond
    County
    Macomb
    State
    Michigan
    Longitude
    -82.743577
    Latitude
    42.799222

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    FAQs

    What type of property is this?
    Commercial land - Commercial land available in Richmond, Michigan.
    Where is this commercial land located?
    The property is located at Heritage Dr Richmond, MI.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Prime commercial location across from established professional suites.; - Re-zoning is possible, offering flexibility for various business ventures.; - Owner willing to collaborate on property size and split to suit buyer's needs.
    (586) 949-8300
    Request Owner's contact information
    Heritage Dr Richmond, MI 48062
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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
    Heritage Dr Richmond, MI 48062
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