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    1397 Burkhart Rd Howell, MI 48855

    Sponsored
    For Sale
    $399,000

    0.93-acre commercial lot near Tanger Outlets

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.93-acre pad site, located at 1397 N Burkhart Road in Howell, Michigan (48855), presents a unique investment opportunity. Zoned for Regional Service Commercial use, this property is ideally situated as an outlot to the Holiday Inn Express and directly adjacent to the Tanger Outlet Mall, boasting over 50 retail stores including major brands like Nike, GAP, Old Navy, and H&M. The site is designed to accommodate a 4,300 square-foot restaurant, though numerous other commercial uses are permitted. Its prime location offers excellent visibility to the high volume of shoppers frequenting the Tanger Outlet Mall. Convenient access to I-96 and M-59 ensures high traffic flow and easy accessibility. The property's APN is 06-29-401-002. This is a rare opportunity to acquire a highly visible and strategically located commercial parcel in a thriving retail environment. The asking price is $399,000.

    Property Features for 1397 Burkhart Rd

    General Information

    Property type
    Land
    Lot Size
    40,511 SF

    HighLights

    • Outparcel adjacent to Holiday Inn Express.
    • Adjacent to Tanger Outlet Mall.
    • 4,300 SF building designed for restaurant use, with multiple permitted uses.
    • Convenient access to I‑96 and M‑59.
    • High visibility to Tanger Outlet shoppers.
    • Tanger Outlet features over 50 national retailers including Nike, GAP, Old Navy, and H&M.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jen Hotel for Novares Hotel LibertyX Bitcoin ATM Atm Holiday Inn Express ... Hotel

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Howell
    County
    Livingston
    State
    Michigan
    Longitude
    -83.993413012593
    Latitude
    42.619574849638

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    FAQs

    What type of property is this?
    Land - 0.93-acre commercial lot near Tanger Outlets
    Where is this land located?
    The property is located at 1397 Burkhart Rd Howell, MI.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: Outparcel adjacent to Holiday Inn Express.; Adjacent to Tanger Outlet Mall.; 4,300 SF building designed for restaurant use, with multiple permitted uses.
    Request Owner's contact information
    1397 Burkhart Rd Howell, MI 48855
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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
    1397 Burkhart Rd Howell, MI 48855
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