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    Whitmore Lake Rd Brighton, MI 48116

    For Sale
    $1,237,500

    5.5 Acres, Brighton, MI - Prime Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 5.5-acre commercial land parcel presents a unique investment opportunity in Brighton, Michigan. Located in Livingston County, at 42.4816011, -83.7567204, with APN 4716-20-100-009, this property is zoned VMU2/PUD, offering significant development potential. Priced at $1,237,500 ($225,000/acre), it boasts high visibility from US-23 and enjoys a strategic location adjacent to the Legacy Center Sports Complex. The site is part of a larger, 258-acre master-planned development encompassing state-of-the-art recreational, residential, and commercial components. This prime location benefits from its proximity to a planned 400+ unit residential development, with groundbreaking anticipated in 2022. The address is Whitmore Lake Rd, Brighton, MI 48116. This presents a rare chance to acquire land in a rapidly growing area with excellent infrastructure and strong community support, making it ideal for a variety of commercial ventures. The property's size and zoning provide flexibility for a range of development options, capitalizing on the significant existing and planned development within the Legacy Park community.

    Property Features for 0 Whitmore Lake Rd

    General Information

    Property type
    Land
    Lot Size
    239,580 SF

    HighLights

    • High visibility from US‑23.
    • Part of a 258‑acre master‑planned community with recreational, residential, and commercial components.
    • Adjacent to a planned 400+ unit residential development, groundbreaking anticipated in 2022.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Brighton
    County
    Livingston
    State
    Michigan
    Longitude
    -83.7567204
    Latitude
    42.4816011

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    FAQs

    What type of property is this?
    Land - 5.5 Acres, Brighton, MI - Prime Development Site
    Where is this land located?
    The property is located at Whitmore Lake Rd Brighton, MI.
    What is the asking price?
    The asking price for this property is $1,237,500.
    What are key features of this property?
    This property features: High visibility from US-23.; Part of a 258-acre master-planned community with recreational, residential, and commercial components.; Adjacent to a planned 400+ unit residential development, groundbreaking anticipated in 2022.
    (248) 476-3700
    Request Owner's contact information
    Whitmore Lake Rd Brighton, MI 48116
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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
    Whitmore Lake Rd Brighton, MI 48116
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