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    26755 Ballard St Harrison Township, MI 48045

    Sponsored
    For Sale
    $2,900,000

    13-Acre Campus, 106,518 SF, Vacant

    Property size:
    106,518 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 106,518 square foot property, situated on 13 acres in Harrison Township, Michigan, presents a unique redevelopment opportunity. The vacant building, a historically significant Albert Kahn-designed structure built in 1925, previously served as St. John Hospital. The three-story building, featuring a full basement with plumbing in most rooms (some with jack-and-jill arrangements), boasts a fully repaired slate roof and a complete fire suppression system. The property includes 173 paved parking spaces. Zoned RM-1, permitted uses include apartments, nursing homes, group day care, and senior housing. Preliminary plans exist for subdividing the land for additional residential development. Its prime location, less than a mile from Lake Saint Clair and I-94, offers easy access to amenities and major transportation routes. Nearby attractions include Harrison Township Waterfront Park, Metropark, and Nature Center, along with restaurants, beaches, and marinas. The property's size and versatility make it ideal for a variety of projects, including senior housing, assisted living facilities, multi-family developments, medical facilities, or educational institutions. The potential for Brownfield funding further enhances its investment appeal. Asking price is $2,900,000. The property consists of 100 units across one building.

    Property Features for 26755 Ballard St

    General Information

    Property type
    Schools
    Square Feet
    106,518 SF
    Lot Size
    566,280 SF

    Building Details

    Year Built
    1925
    Buildings
    1
    Stories
    3
    Units
    100

    HighLights

    • 106,518 SF building on 13 acres in Harrison Township, MI.
    • Redevelopment opportunity.
    • Suitable for senior housing, assisted living, multi‑family, medical, or educational uses.
    • Potential Brownfield funding eligibility.
    • Fully repaired slate roof and complete fire suppression system.
    • Full basement with extensive plumbing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Schools

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Harrison Township
    County
    Macomb
    State
    Michigan
    Longitude
    -82.8497685
    Latitude
    42.5661334

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    FAQs

    What type of property is this?
    School - 13-Acre Campus, 106,518 SF, Vacant
    Where is this school located?
    The property is located at 26755 Ballard St Harrison Township, MI.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: 106,518 SF building on 13 acres in Harrison Township, MI.; Redevelopment opportunity.; Suitable for senior housing, assisted living, multi-family, medical, or educational uses.
    Request Owner's contact information
    26755 Ballard St Harrison Township, MI 48045
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    Harrison Township, MI 48045
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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
    26755 Ballard St Harrison Township, MI 48045
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