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    Parkland Plz Ann Arbor, MI 48103

    Sponsored
    For Sale
    $2,200,000

    Prime Ann Arbor land, multi-family approved.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8.8-acre parcel presents a remarkable investment opportunity in Ann Arbor, Michigan. Located conveniently off Jackson Road, this property boasts a prime location within the Ann Arbor School District, yet benefits from Scio Township taxes. The site is zoned Planned Unit Development (PUD) and has already received site plan approval, streamlining the development process. Utilities are readily available, making this a truly turnkey project. The property offers unparalleled access to major transportation arteries, including easy access to I-94 and proximity to M-14, placing it within convenient reach of Downtown Ann Arbor, the University of Michigan, and the town of Dexter. The approved multi-family zoning allows for a diverse range of development possibilities, catering to the high demand for housing in this thriving area. The property's APN is H-08-26-200-008. This is an owned property, listed at $2,200,000. The address is Parkland Plaza, Ann Arbor, MI 48103. This is a rare opportunity to acquire a fully permitted development site in one of Michigan's most desirable locations. Don't miss this chance to capitalize on the robust Ann Arbor real estate market.

    Property Features for 0 Parkland Plz

    General Information

    Property type
    Land

    HighLights

    • $2,200,000 asking price
    • 8.8‑acre land parcel
    • Ann Arbor, MI location, Washtenaw County
    • PUD zoning, site plan approved for multi‑family development
    • Utilities available
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.811757288596
    Latitude
    42.278379186623

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    FAQs

    What type of property is this?
    Land - Prime Ann Arbor land, multi-family approved.
    Where is this land located?
    The property is located at Parkland Plz Ann Arbor, MI.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: $2,200,000 asking price; 8.8-acre land parcel; Ann Arbor, MI location, Washtenaw County
    (734) 994-3100
    Request Owner's contact information
    Parkland Plz Ann Arbor, MI 48103
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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
    Parkland Plz Ann Arbor, MI 48103
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