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    61321 W 8 Mile Rd South Lyon, MI 48178

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    For Sale
    $2,225,000

    Land available for sale in South Lyon, Michigan.

    Lot size:
    17.82 Acres

    Property Features for 61321 W 8 Mile Rd

    General Information

    Lot size
    17.82 Acres
    Source: Moodyscre

    Listing Agent: Reece Hughes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land For Sale South Lyon

    This land property is located in South Lyon, Michigan. The property is categorized as land and other land types and is currently for sale.
    Location Intelligence

    Current Use by Public Records

    Hydroseeding - Turfgrass Pros Landscaper Good Bones House Remodeler Langan Farms Farm

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    South Lyon
    County
    Oakland
    State
    Michigan
    Longitude
    -83.6508565
    Latitude
    42.4309949

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    FAQs

    What type of property is this?
    Land - Land available for sale in South Lyon, Michigan.
    Where is this land located?
    The property is located at 61321 W 8 Mile Rd South Lyon, MI.
    What is the asking price?
    The asking price for this property is $2,225,000.
    What are key features of this property?
    This property features: - Land available for sale; - Located in South Lyon, Michigan
    (248) 207-5847
    Request Owner's contact information
    61321 W 8 Mile Rd South Lyon, MI 48178
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    South Lyon, MI 48178
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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
    61321 W 8 Mile Rd South Lyon, MI 48178
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