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    1501-1539 Prospect Rd Superior Charter Township, MI 48198

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    For Lease
    Contact for pricing

    2.75 Acres, Single Tenant Opportunity

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.75-acre commercial land parcel, located at 1501-1539 Prospect Road in Ypsilanti, Michigan, presents a unique investment opportunity. Situated in Washtenaw County within a Planned Community District zoning, this property offers significant potential for a variety of commercial and retail uses. The single-tenant configuration provides flexibility for developers or businesses seeking a dedicated space. The expansive lot size allows for ample room for building construction, parking, and landscaping. The property's address is 1501-1539 Prospect Road, Ypsilanti, MI 48198, conveniently located within Superior Charter Township. With its strategic location and zoning, this land parcel is ideal for businesses seeking visibility and accessibility. The total building square footage is currently listed as 1 square foot, indicating the land is available for new construction. This presents a blank canvas for a custom-designed building tailored to specific business needs. Serious inquiries are encouraged to explore the possibilities of this prime commercial land offering. The property is available for lease. Further details regarding lease terms and conditions are available upon request. Don't miss this chance to secure a prominent location in a thriving area.

    Property Features for 1501-1539 Prospect Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available Suite 1
    Size
    1 SF

    HighLights

    • 2.75‑acre commercial land parcel available for lease in Ypsilanti, MI.
    • High‑traffic location at a signalized intersection with 7,100 vehicles daily on N Prospect and 6,300 on E Clark.
    • Planned Community District zoning allows for C‑2 General Commercial uses.
    • 1501‑1539 Prospect Rd, Ypsilanti, MI 48198.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Superior Charter Township
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.603508
    Latitude
    42.261499

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    FAQs

    What type of property is this?
    Land - 2.75 Acres, Single Tenant Opportunity
    Where is this land located?
    The property is located at 1501-1539 Prospect Rd Superior Charter Township, MI.
    What are key features of this property?
    This property features: 2.75-acre commercial land parcel available for lease in Ypsilanti, MI.; High-traffic location at a signalized intersection with 7,100 vehicles daily on N Prospect and 6,300 on E Clark.; Planned Community District zoning allows for C-2 General Commercial uses.
    Request Owner's contact information
    1501-1539 Prospect Rd Superior Charter Township, MI 48198
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    Superior Charter Township, MI 48198
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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
    1501-1539 Prospect Rd Superior Charter Township, MI 48198
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