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    1680 Michigan Ave Ypsilanti, MI 48198

    For Sale
    $450,000

    Prime 0.95-acre lot, ideal for retail.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 0.95-acre commercial land parcel presents a unique investment opportunity in Ypsilanti, Michigan. Located at 1680 E Michigan Ave, this property boasts a highly desirable Regional Corridor (RC) zoning designation within a Form Based District, allowing for a wide range of commercial development possibilities. The lot is conveniently situated adjacent to an AutoZone, ensuring high visibility and accessibility. Its flat, clear terrain simplifies development, and all utilities, including water and sewer, are readily available at the street. The property's size and zoning make it particularly attractive for retail ventures. Furthermore, this strategically located parcel is designated as a Qualified Opportunity Zone (QOZ), offering significant tax advantages for investors. The APN is K-11-11-226-001. This is a rare chance to acquire a prime commercial lot in a thriving area with exceptional zoning and investment incentives. The asking price is $450,000. Don't miss this opportunity to secure a valuable asset in a rapidly growing market.

    Property Features for 1680 Michigan Ave

    General Information

    Property type
    Land
    Lot Size
    41,382 SF

    HighLights

    • 0.94‑acre commercial lot in Ypsilanti, MI.
    • Clear, flat land ready for development.
    • All utilities, including water and sewer, available at the site.
    • Qualified Opportunity Zone (QOZ) designation.
    • Regional Corridor (RC) zoning in a Form‑Based District allows for diverse commercial uses.
    Property Profile Insight Report 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
    Ypsilanti
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.577426
    Latitude
    42.246393

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    FAQs

    What type of property is this?
    Land - Prime 0.95-acre lot, ideal for retail.
    Where is this land located?
    The property is located at 1680 Michigan Ave Ypsilanti, 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: 0.94-acre commercial lot in Ypsilanti, MI.; Clear, flat land ready for development.; All utilities, including water and sewer, available at the site.
    (248) 563-0739
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    1680 Michigan Ave Ypsilanti, 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
    1680 Michigan Ave Ypsilanti, MI 48198
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