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    Tyler St Southfield, MI 48034

    Sponsored
    For Sale
    $125,000

    Prime Southfield development land. Residential zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.9-acre parcel in Southfield, Michigan, presents a remarkable opportunity for developers, builders, or investors. Located on Tyler Street, with the address 48034, this property boasts a generous lot size of 132 feet by 623 feet (APN 24-18-176-016). Currently zoned for residential use, it offers significant potential for various projects. The asking price is $125,000, translating to $65,789 per acre. A key advantage is the readily available utilities at the roadside, simplifying development plans. Its strategic location provides convenient access to major freeways and a thriving shopping district, enhancing its appeal and potential for future growth. This property is an excellent investment prospect in a desirable Southfield location. The coordinates are 42.4966195 latitude and -83.2880591 longitude.

    Property Features for 0 Tyler St

    General Information

    Property type
    Land
    Lot Size
    82,764 SF

    HighLights

    • 1.90‑acre parcel available.
    • Residential zoning.
    • Excellent development opportunity for builders and investors.
    • Utilities readily accessible at street.
    • Convenient freeway and shopping center access.
    • $125,000 sale price ($65,789.47 per acre).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Southfield
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2880591
    Latitude
    42.4966195

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    FAQs

    What type of property is this?
    Land - Prime Southfield development land. Residential zoning.
    Where is this land located?
    The property is located at Tyler St Southfield, MI.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: 1.90-acre parcel available.; Residential zoning.; Excellent development opportunity for builders and investors.
    (248) 359-0647
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    Tyler St Southfield, MI 48034
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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
    Tyler St Southfield, MI 48034
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