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    Huron River Dr Belleville, MI 48111

    For Sale
    $3,600,000

    Prime Michigan land, residential zoning, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 94.6-acre parcel, located on W Huron River Dr in Van Buren Charter Township, Wayne County, Michigan (48111), presents a significant development opportunity. Currently zoned residential, this property boasts a compelling price point of $3,600,000, translating to $38,054 per acre. The parcel's APN is 83-113-99-0025-703. Previous approvals existed for the construction of up to 200 single-family homes on 70-foot lots, offering a strong foundation for a residential development project. However, the expansive acreage also allows for exploration of alternative uses, including multi-family dwellings and mixed-use developments, catering to a diverse range of potential buyers and investors. The property's strategic location places it within a few miles of local elementary, middle, and high schools, enhancing its appeal for families and contributing to its overall desirability. This is a rare opportunity to acquire a substantial land holding in a desirable Michigan location with significant development potential. Serious inquiries are encouraged.

    Property Features for 0 Huron River Dr

    General Information

    Property type
    Land
    Lot Size
    4,120,776 SF

    HighLights

    • 94.6‑acre residential parcel for sale in Van Buren Charter Township, Wayne County, MI.
    • Parcel ID: 83‑113‑99‑0025‑703.
    • Previously approved for up to 200 single‑family homes on 70' lots.
    • Potential for multi‑family and mixed‑use development.
    • Located within a few miles of local schools (elementary, middle, and high).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Belleville
    County
    Wayne
    State
    Michigan
    Longitude
    -83.5197544
    Latitude
    42.2040653

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    FAQs

    What type of property is this?
    Land - Prime Michigan land, residential zoning, development potential.
    Where is this land located?
    The property is located at Huron River Dr Belleville, MI.
    What is the asking price?
    The asking price for this property is $3,600,000.
    What are key features of this property?
    This property features: 94.6-acre residential parcel for sale in Van Buren Charter Township, Wayne County, MI.; Parcel ID: 83-113-99-0025-703.; Previously approved for up to 200 single-family homes on 70' lots.
    (248) 399-9999
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    Huron River Dr Belleville, MI 48111
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    Belleville, MI 48111
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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
    Huron River Dr Belleville, MI 48111
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