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    1879 Michigan Ave Ypsilanti, MI 48197

    Sponsored
    For Sale
    $375,000

    18.8 acres, Mixed-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 18.8-acre vacant land parcel presents a unique development opportunity in Ypsilanti Township, Michigan. Strategically located in the Michigan Avenue Form Based Code District's Regional/Mixed Use Corridor (Site Type D), this property offers unparalleled access to major transportation arteries, including I-94 (Exit 181A) and US-23 (Exit 34). The permitted zoning allows for a diverse range of uses, including residential (misc. residential/related uses, multi-family), office, institutional, retail, entertainment, services, and light industrial uses. Special use permits may also accommodate automotive and other miscellaneous uses. An estimated 6-8 acres are buildable. This prime location at the gateway to Ypsilanti, home to Eastern Michigan University and St. Joe's Mercy Hospital, ensures high visibility and strong potential for future growth. The property's proximity to established infrastructure and a vibrant community makes it an ideal site for a variety of development projects. The asking price is $375,000, and the parcel's APN is K-11-39-350-027. Ypsilanti Township's recently updated Master Plan further underscores the strategic value of this exceptional land offering. Don't miss this chance to capitalize on this significant development opportunity in a thriving Michigan community.

    Property Features for 1879 Michigan Ave

    General Information

    Property type
    Land
    Lot Size
    818,928 SF

    HighLights

    • 18.8‑acre vacant land parcel in Ypsilanti Township, MI.
    • Approximately 6‑8 acres buildable.
    • Direct access to I‑94 (Exit 181A).
    • Convenient access to US‑23 (Exit 34).
    • Development opportunity for diverse uses including automotive, hospitality, light industrial, multi‑family residential, office, and retail.
    • Prime location at the gateway to Ypsilanti, near Eastern Michigan University and St. Joe's Mercy Hospital.
    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
    Ypsilanti
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.639739555557
    Latitude
    42.230165643736

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    FAQs

    What type of property is this?
    Land - 18.8 acres, Mixed-Use Potential
    Where is this land located?
    The property is located at 1879 Michigan Ave Ypsilanti, MI.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: 18.8-acre vacant land parcel in Ypsilanti Township, MI.; Approximately 6-8 acres buildable.; Direct access to I-94 (Exit 181A).
    Request Owner's contact information
    1879 Michigan Ave Ypsilanti, MI 48197
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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
    1879 Michigan Ave Ypsilanti, MI 48197
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