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    2317 M-52 Chelsea, MI 48118

    Sponsored
    For Sale
    $525,000

    Prime Chelsea location, mixed-use potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3.7-acre property in Chelsea, Michigan, presents a unique redevelopment opportunity. Strategically located just south of the city, near I-94's M-52 exit, this land offers unparalleled access to major transportation routes, placing it halfway between Ann Arbor and Jackson. Currently zoned AG - Master Planned Mixed Use, the possibilities are vast, encompassing hospitality, office, industrial, retail, and multi-family developments. The site includes a 2,000 square foot house and an old barn, though the value lies primarily in the land itself. The house is currently tenant-occupied and showings are not permitted. The property is situated within Sylvan Township's sewer and water district, with sewer access approximately 4,000 feet away on McKernan Drive (south of I-94) and water located north of I-94. The existing house utilizes a well and septic system (septic updated in 2015). This offering presents a compelling investment opportunity, further enhanced by the availability of an additional 204.3 acres (74.98 acres to the north and 129 acres to the west) for potential expansion. The property's APN is F-06-24-200-011 and F-06-24-200-010. Asking price is $525,000. Unauthorized entry onto the property is strictly prohibited.

    Property Features for 2317 M-52

    General Information

    Property type
    Farms
    Lot Size
    161,172 SF

    HighLights

    • 3.7‑acre mixed‑use development site in Chelsea, MI, south of I‑94.
    • AG‑zoned, master‑planned for diverse uses including hospitality, office, industrial, retail, and multi‑family.
    • Located in Sylvan Township, adjacent to Chelsea.
    • Includes a 2,000 SF home and barn; value primarily in land redevelopment potential.
    • Adjacent 204.3 acres also available (74.98 acres north, 129 acres west).
    • No showings of the existing home; property access requires broker accompaniment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Chelsea
    County
    Washtenaw
    State
    Michigan
    Longitude
    -84.028751
    Latitude
    42.290303

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    FAQs

    What type of property is this?
    Farm - Prime Chelsea location, mixed-use potential.
    Where is this farm located?
    The property is located at 2317 M-52 Chelsea, MI.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: 3.7-acre mixed-use development site in Chelsea, MI, south of I-94.; AG-zoned, master-planned for diverse uses including hospitality, office, industrial, retail, and multi-family.; Located in Sylvan Township, adjacent to Chelsea.
    Request Owner's contact information
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    Chelsea, MI 48118
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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
    2317 M-52 Chelsea, MI 48118
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