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    41620 Huron Riv Dr Van Buren Charter Township, MI 48111

    Sponsored
    For Sale
    $1,650,000

    13.6 Acres, Approved Site Plan, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 13.6-acre commercial land parcel presents a unique investment opportunity in Van Buren Charter Township, Michigan. Located at 41620 E Huron River Dr, this property boasts stunning waterfront access to the all-sports Belleville Lake, offering picturesque views and recreational potential. The convenient location provides easy access to major highways and downtown amenities, enhancing its appeal for various development projects. The property is zoned R-1C and importantly, already possesses an approved site plan for residential development, streamlining the permitting process and minimizing potential delays. This significantly reduces the time and cost associated with obtaining necessary approvals. The asking price is $1,650,000, translating to $121,324 per acre, reflecting the exceptional value and prime location of this waterfront land. The parcel's APN is 83-089-99-0010-702. This is a rare opportunity to acquire a sizable, strategically located waterfront property with an existing approved site plan, making it ideal for developers seeking a fast-track to project commencement. The property's proximity to major transportation routes and urban centers further enhances its investment potential. Don't miss this chance to secure this highly desirable waterfront land in a thriving Michigan community.

    Property Features for 41620 Huron Riv Dr

    General Information

    Property type
    Land
    Lot Size
    592,416 SF

    HighLights

    • 13.6‑acre commercial land parcel in Van Buren Charter Township, MI.
    • R‑1C zoning.
    • Waterfront access to all‑sports Belleville Lake.
    • Convenient highway and downtown access.
    • Approved site plan for residential development.
    • $1,650,000 sale price ($121,323.53/acre).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Auto Repair Shop Hair Salon Gym & Fitness Auto Parts Store Kitchen & Bath Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Van Buren Charter Township
    County
    Wayne
    State
    Michigan
    Longitude
    -83.4463249
    Latitude
    42.2142645

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 13.6 Acres, Approved Site Plan, Prime Location
    Where is this land located?
    The property is located at 41620 Huron Riv Dr Van Buren Charter Township, MI.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: 13.6-acre commercial land parcel in Van Buren Charter Township, MI.; R-1C zoning.; Waterfront access to all-sports Belleville Lake.
    Request Owner's contact information
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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
    41620 Huron Riv Dr Van Buren Charter Township, MI 48111
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