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    422 Michigan Ave Saline, MI 48176

    Sponsored
    For Sale
    Contact for pricing

    1.84 Acres, C-2 & SPA-1 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 1.84-acre parcel of vacant land presents a remarkable opportunity for commercial development in Saline, Michigan. Located at 422 E Michigan Ave, this property boasts a highly desirable location at a signalized intersection, ensuring excellent visibility and accessibility. The site benefits from significant traffic volume, with counts reaching 23,200 vehicles daily on Michigan Avenue, providing substantial potential for attracting customers. The property is zoned C-2 and SPA-1, offering flexibility for a variety of commercial uses, including retail establishments. This prime location in Washtenaw County, with its strong local economy and growing population, makes this land ideal for businesses seeking high visibility and convenient access. The expansive lot size allows for substantial development potential, catering to a range of project scales and designs. This is a rare opportunity to acquire a strategically positioned commercial property in a thriving Michigan community. The property's address is 422 E Michigan Ave, Saline, MI 48176. Serious inquiries are encouraged to explore the possibilities of this exceptional land offering, whether for purchase or a ground lease. The property's latitude and longitude coordinates are 42.170203 and -83.772857 respectively.

    Property Features for 422 Michigan Ave

    General Information

    Property type
    Land
    Lot Size
    80,150 SF

    HighLights

    • High‑traffic signalized intersection.
    • Michigan Avenue frontage boasts 23,200 vehicles daily.
    • C‑2 and SPA‑1 zoning designations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Saline
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.772857
    Latitude
    42.170203

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    FAQs

    What type of property is this?
    Land - 1.84 Acres, C-2 & SPA-1 Zoning
    Where is this land located?
    The property is located at 422 Michigan Ave Saline, MI.
    What are key features of this property?
    This property features: High-traffic signalized intersection.; Michigan Avenue frontage boasts 23,200 vehicles daily.; C-2 and SPA-1 zoning designations.
    Request Owner's contact information
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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
    422 Michigan Ave Saline, MI 48176
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