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    Hydraulic Dr & Burkhart Rd Howell, MI 48843

    Sponsored
    For Sale
    $480,250

    Prime Industrial Land near Tanger Outlets

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 9.33-acre industrial land parcel in Howell, Michigan, presents a unique opportunity for development. Located in Livingston County, with a convenient address at Hydraulic Drive & Burkhart Road (zip code 48843), this property boasts easy access to major transportation arteries, situated directly across from the Tanger Outlet Mall at the I-96/M-59 interchange. The land is zoned for industrial use and offers significant advantages. While the total acreage is 9.33 acres, approximately 4.9 acres are usable. A key benefit is the shared use of an existing detention pond, eliminating the need and cost of constructing a new one, saving considerable time and expense during the development process. The assessed parcel number (APN) is 47-06-28-100-053. The asking price is $480,250, translating to a land value of $2.25 per square foot. This strategic location and the cost-saving feature of the shared detention pond make this property an attractive investment for industrial development projects. The property's proximity to major retail and convenient highway access ensures high visibility and accessibility for businesses. This is a rare opportunity to acquire a well-positioned industrial land parcel ready for immediate development.

    Property Features for 0 Hydraulic Dr & Burkhart Rd

    General Information

    Property type
    Land
    Lot Size
    406,415 SF

    HighLights

    • 9.33‑acre parcel with 4.9 acres usable.
    • Located east of Burkhart Road, off Hydraulic Drive; shared detention pond eliminates the need for a new pond.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Howell
    County
    Livingston
    State
    Michigan
    Longitude
    -83.9935389
    Latitude
    42.6262017

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land near Tanger Outlets
    Where is this land located?
    The property is located at Hydraulic Dr & Burkhart Rd Howell, MI.
    What is the asking price?
    The asking price for this property is $480,250.
    What are key features of this property?
    This property features: 9.33-acre parcel with 4.9 acres usable.; Located east of Burkhart Road, off Hydraulic Drive; shared detention pond eliminates the need for a new pond.;
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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
    Hydraulic Dr & Burkhart Rd Howell, MI 48843
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