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    212 St Brighton, MI 48116

    For Sale
    $700,000

    Three parcels, prime commercial zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Exceptional investment opportunity in downtown Brighton, Michigan, encompassing three contiguous parcels totaling 0.19 acres. This assemblage presents a rare chance to acquire a highly desirable property within the Downtown Business District (DBD) and the Downtown Development Authority (DDA) area. The unique zoning allows for a diverse range of development possibilities, including Planned Unit Development (PUD), mixed-use projects, office space, retail establishments, residential units, and ample parking. The existing house on one parcel is of minimal value and is included in the sale price of $700,000. The city has indicated a willingness to collaborate on development plans, making this an even more attractive proposition. This combined parcel offering is exceptionally rare in this prime location. The property includes 212 S East St, and two additional parcels located on North Street (116 E. North St. and 122 E. North St.). This presents a unique opportunity for developers and investors seeking a high-impact project in a thriving downtown area. The potential for significant return on investment is substantial given the flexibility of zoning and the city's supportive approach to development. This is a truly exceptional opportunity to shape the future of downtown Brighton.

    Property Features for 212 St

    General Information

    Property type
    Land
    Lot Size
    8,276 SF

    HighLights

    • $700,000 asking price for a 0.19‑acre commercial land parcel.
    • Located at 212 S East St, Brighton, MI 48116.
    • Commercially zoned, allowing for mixed‑use development.
    • Includes potential assemblage with two or three adjacent parcels for a total potential package price of $1,325,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Brighton
    County
    Livingston
    State
    Michigan
    Longitude
    -83.7784026
    Latitude
    42.5287662

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    FAQs

    What type of property is this?
    Land - Three parcels, prime commercial zoning.
    Where is this land located?
    The property is located at 212 St Brighton, MI.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: $700,000 asking price for a 0.19-acre commercial land parcel.; Located at 212 S East St, Brighton, MI 48116.; Commercially zoned, allowing for mixed-use development.
    Request Owner's contact information
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    Brighton, MI 48116
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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
    212 St Brighton, MI 48116
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