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    Marr Rd Howell, MI 48855

    Sponsored
    For Sale
    $1,344,718

    Prime Howell residential land, major road access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 73.58-acre parcel presents a significant development opportunity in the desirable Howell area of Livingston County, Michigan. Located on W Marr Rd, this property boasts convenient access to major transportation arteries, sitting 3.2 miles north of M-59 and 5.5 miles north of I-96. Its strategic location is further enhanced by its adjacency to a golf course, offering a desirable amenity for future residents. The land is zoned for residential use and comes with 322 allocated water and sewer REUs. The asking price is $1,344,718, translating to $32,617 per acre. It's important to note that the buyer will assume a water and sewer assessment, payable in annual installments through 2024, totaling $979,625. Adding to its appeal, the parcel's approved development plan incorporates a 25-acre township park, providing a significant community benefit and enhancing the overall desirability of the development. The property's APN is 0612300009. This is a rare opportunity to acquire a substantial tract of land in a thriving Michigan community, poised for significant residential growth. Serious inquiries only.

    Property Features for 0 Marr Rd

    General Information

    Property type
    Land
    Lot Size
    3,205,145 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Howell
    County
    Livingston
    State
    Michigan
    Longitude
    -83.9260825
    Latitude
    42.6656812

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    FAQs

    What type of property is this?
    Land - Prime Howell residential land, major road access.
    Where is this land located?
    The property is located at Marr Rd Howell, MI.
    What is the asking price?
    The asking price for this property is $1,344,718.
    (810) 227-1016
    Request Owner's contact information
    Marr Rd Howell, MI 48855
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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
    Marr Rd Howell, MI 48855
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