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    Hall Rd Flat Rock, MI 48134

    Sponsored
    For Sale
    $395,000

    4.5-acre lot, light industrial zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 4.5-acre commercial land parcel presents a compelling investment opportunity in Flat Rock, Michigan. Located on Hall Rd in Wayne County, this property boasts a highly desirable light industrial zoning designation, opening doors to a wide range of potential uses. The asking price is $395,000, translating to $87,777.78 per acre, reflecting the strategic value of this location. Convenient access to I-75 provides seamless connectivity to major transportation arteries, enhancing logistical efficiency for any future development. The property's size and zoning make it ideal for various industrial ventures, offering significant potential for growth and return on investment. Further enhancing its appeal, land contract terms are available, providing flexible financing options for prospective buyers. The property's address is Hall Rd, Flat Rock, MI 48134, with GPS coordinates of 42.1020359 latitude and -83.2599858 longitude. This prime piece of land is ready for immediate development, presenting a rare opportunity in a thriving market. Don't miss this chance to acquire a strategically located, commercially zoned land parcel with excellent access to major transportation routes.

    Property Features for 0 Hall Rd

    General Information

    Property type
    Land
    Lot Size
    196,020 SF

    HighLights

    • 4.5‑acre light industrial parcel available.
    • Zoned for light industrial use.
    • Excellent I‑75 accessibility.
    • Land contract financing offered.
    • $395,000 asking price ($87,778 per acre).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Flat Rock
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2599858
    Latitude
    42.1020359

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    FAQs

    What type of property is this?
    Land - 4.5-acre lot, light industrial zoning.
    Where is this land located?
    The property is located at Hall Rd Flat Rock, MI.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: 4.5-acre light industrial parcel available.; Zoned for light industrial use.; Excellent I-75 accessibility.
    (248) 359-0615
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    Hall Rd Flat Rock, MI 48134
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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
    Hall Rd Flat Rock, MI 48134
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