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    Commerce Park Dr Chelsea, MI 48118

    Sponsored
    For Sale
    $450,000

    Prime Chelsea location, mixed-use zoning, freeway access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This 1.1-acre commercial land parcel, located at Commerce Park Drive in Chelsea, Michigan (APN 06-06-13-390-006), presents a unique investment opportunity. Zoned T1 Mixed Use, this property offers considerable flexibility for a variety of commercial developments. The asking price is $450,000, translating to a land value of $409,091 per acre. Its strategic location along a gateway corridor to downtown Chelsea provides excellent visibility and accessibility. The property benefits from convenient freeway access via the I-94 Main Street exit, ensuring easy commutes for employees and customers. This vacant land is ready for development, offering significant potential for businesses seeking a prominent location in a thriving Michigan community. The 48118 zip code further underscores its desirable location within Washtenaw County. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

    Property Features for 0 Commerce Park Dr

    General Information

    Property type
    Land
    Lot Size
    47,916 SF

    HighLights

    • Prime location at the gateway to the downtown area.
    • Versatile zoning allowing for multiple uses.
    • Convenient freeway access via I‑94's Main Street exit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Chelsea
    County
    Washtenaw
    State
    Michigan
    Longitude
    -84.0266808
    Latitude
    42.2992829

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    FAQs

    What type of property is this?
    Land - Prime Chelsea location, mixed-use zoning, freeway access.
    Where is this land located?
    The property is located at Commerce Park Dr Chelsea, MI.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Prime location at the gateway to the downtown area.; Versatile zoning allowing for multiple uses.; Convenient freeway access via I-94's Main Street exit.
    Request Owner's contact information
    Commerce Park Dr Chelsea, MI 48118
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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
    Commerce Park Dr Chelsea, MI 48118
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