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    703 Grand River Ave Howell, MI 48843

    Sponsored
    For Sale
    $200,000

    0.4-acre commercial lot, $200,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.4-acre parcel of land, located at 703 E. Grand River Ave in Howell, Michigan, presents a unique investment opportunity. Zoned B-3 Commercial, this property offers significant potential for various commercial ventures. The land is conveniently situated on a corner lot, providing excellent visibility and accessibility. A particularly attractive feature is its adjacency to Howell's City Hall and Police Department, ensuring a high-traffic location and strong community presence. The asking price is $200,000, translating to a price per acre of $500,000. The property's APN is 17-30-405-009 & 010

    Property Features for 703 Grand River Ave

    General Information

    Property type
    Farms
    Lot Size
    17,424 SF

    HighLights

    • Prime location adjacent to City Hall and Police Department.
    • Corner lot with high visibility.
    • Commercially zoned for diverse uses.
    • Owner will consider land contract or joint venture.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Howell
    County
    Livingston
    State
    Michigan
    Longitude
    -83.9108968
    Latitude
    42.5656204

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    FAQs

    What type of property is this?
    Farm - 0.4-acre commercial lot, $200,000
    Where is this farm located?
    The property is located at 703 Grand River Ave Howell, MI.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Prime location adjacent to City Hall and Police Department.; Corner lot with high visibility.; Commercially zoned for diverse uses.
    Request Owner's contact information
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    Howell, MI 48843
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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
    703 Grand River Ave Howell, MI 48843
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