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    617 Hewitt Rd Ypsilanti, MI 48197

    For Sale
    $599,900

    High-traffic corner lot, 0.77 acres, B3 zoning.

    Property size:
    1,207 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 0.77-acre lot at 617 S Hewitt in Ypsilanti, MI presents a prime redevelopment opportunity. Boasting a highly visible corner location with dimensions of 176 x 226 feet, this property is zoned B3-General Business, offering a wide array of potential uses. The strategic location is surrounded by established businesses, including 7-Eleven, Dunkin' Donuts, and Metro PCS, ensuring high traffic volume and excellent visibility. The property's 1,207 square foot building offers potential for renovation or demolition to accommodate a new development. With over 142,000 people residing within a 5-mile radius and convenient access to I-94 Freeway, this site is ideally positioned for success. Consider a free-standing building housing one or more businesses

    Property Features for 617 Hewitt Rd

    General Information

    Property type
    Industrial properties
    Square Feet
    1,207 SF
    Lot Size
    33,541 SF

    Building Details

    Year Built
    1919
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Ypsilanti
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.64355
    Latitude
    42.23022

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    FAQs

    What type of property is this?
    Industrial property - High-traffic corner lot, 0.77 acres, B3 zoning.
    Where is this industrial property located?
    The property is located at 617 Hewitt Rd Ypsilanti, MI.
    What is the asking price?
    The asking price for this property is $599,900.
    (313) 561-0900
    Request Owner's contact information
    617 Hewitt Rd Ypsilanti, MI 48197
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    Ypsilanti, MI 48197
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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
    617 Hewitt Rd Ypsilanti, MI 48197
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