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    2801 Delhi Rd Ann Arbor, MI 48103

    Sponsored
    For Sale
    $2,000,000

    Prime Ann Arbor acreage, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 34.4-acre property located at 2801 W. Delhi Rd, Ann Arbor, MI 48103, presents a unique investment opportunity. Currently zoned A-1 with residential approval, this land is shovel-ready for up to seven lots. The property boasts a picturesque pasture/ranch setting, currently generating a consistent monthly income of $5,500 from an equestrian tenant. The asking price is $2,000,000, translating to approximately $60,000 per acre. Its convenient location offers easy access to major transportation arteries, including proximity to I-94 freeway, a 43-minute drive to Detroit Metropolitan Airport, and a short 13-minute drive to downtown Ann Arbor and the University of Michigan's Michigan Stadium. This versatile land offers significant potential for residential development or continued use as a profitable equestrian facility. The property's Washtenaw County location provides a desirable setting for both residential and commercial ventures. Detailed zoning information and development plans are available upon request. This is a rare opportunity to acquire a substantial parcel of land in a highly sought-after area of Ann Arbor.

    Property Features for 2801 Delhi Rd

    General Information

    Property type
    Farms
    Lot Size
    1,498,464 SF

    HighLights

    • Seven buildable lots, ready for development.
    • Generating $5,500/month in current income from equestrian tenant.
    • A‑1 zoning with residential approvals.
    • Pasture/ranch land suitable for single‑family residence.
    Property Profile Location Intelligence

    Current Use by Public Records

    WilloWard Equestrian Stable Elite Publishing Company Book Publisher

    Suggested Use

    Realty agency Law Firm Building Supply Auto Repair Shop Travel Agency Cosmetics Store Tailor Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.8243479
    Latitude
    42.3198325

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    FAQs

    What type of property is this?
    Farm - Prime Ann Arbor acreage, ideal for development.
    Where is this farm located?
    The property is located at 2801 Delhi Rd Ann Arbor, MI.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: Seven buildable lots, ready for development.; Generating $5,500/month in current income from equestrian tenant.; A-1 zoning with residential approvals.
    Request Owner's contact information
    2801 Delhi Rd Ann Arbor, MI 48103
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    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
    2801 Delhi Rd Ann Arbor, MI 48103
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