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    Old Us Highway 23 Brighton, MI 48114

    Sponsored
    For Lease
    $10 SF/Yr

    1.75 Acres, B-2 Zoning, For Lease

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 1.75-acre commercial land parcel presents a unique opportunity for development in the thriving city of Brighton, Michigan. Located on South Old US Highway 23, this single-tenant property boasts a highly desirable B-2 Commercial zoning designation, opening doors to a wide range of commercial ventures. The expansive lot size provides ample space for construction, offering flexibility in design and functionality for your business needs. With its convenient location and excellent visibility along a major thoroughfare, this property promises high traffic exposure and strong potential for growth. The property's address is S Old US Hwy 23, Brighton, MI 48114, and its parcel number is #1204300043 within Livingston County. This is a blank canvas ready for your vision, offering a strategic investment in a dynamic and growing Michigan community. The property is currently available for lease, providing an immediate opportunity to establish your presence in this prime location. Serious inquiries are encouraged to explore the possibilities this exceptional commercial land parcel offers. The property is zoned for B-2 Commercial use, ensuring a wide range of development options. This is an excellent opportunity to secure a prominent location in a vibrant and expanding market.

    Property Features for 0 Old Us Highway 23

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available space
    Size
    0 SF
    Rate per SF
    $16

    HighLights

    • 1.75‑acre commercial lot in Brighton, MI.
    • 200' of frontage on S Old US‑23.
    • B‑2 Commercial zoning.
    • Build‑ready site.
    • Corner lot.
    • Suitable for office, retail, or medical uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Brighton
    County
    Livingston
    State
    Michigan
    Longitude
    -83.7534281
    Latitude
    42.56608

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    FAQs

    What type of property is this?
    Land - 1.75 Acres, B-2 Zoning, For Lease
    Where is this land located?
    The property is located at Old Us Highway 23 Brighton, MI.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 1.75-acre commercial lot in Brighton, MI.; 200' of frontage on S Old US-23.; B-2 Commercial zoning.
    Request Owner's contact information
    Old Us Highway 23 Brighton, MI 48114
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    Old Us Highway 23
    Brighton, MI 48114
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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
    Old Us Highway 23 Brighton, MI 48114
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