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    1530 Macarthur Blvd Superior Charter Township, MI 48198

    Sponsored
    For Sale
    $1,800,000

    95-Home Site Plan Approved, 37 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 37.42-acre parcel in desirable Superior Charter Township, Michigan, presents a remarkable opportunity for residential development. The property, located at 1530 MacArthur Blvd, 48198, boasts a fully approved site plan for the construction of 95 homes, capitalizing on the area's robust housing market. The approved plan and associated engineering documents are readily available upon request, streamlining the development process. This prime location offers convenient access to major employment centers, including Canton and Ann Arbor, placing residents within easy commuting distance. Furthermore, the proximity to the University of Michigan and its affiliated hospitals adds significant appeal to potential homebuyers. The property's APN is J-10-35-300-003. This turnkey development opportunity is priced at $1,800,000 and represents a compelling investment in a thriving Michigan community. The high demand for new homes in this rapidly growing area ensures a strong return on investment. Don't miss this chance to acquire a fully permitted residential development ready for immediate construction.

    Property Features for 1530 Macarthur Blvd

    General Information

    Property type
    Land
    Lot Size
    1,630,015 SF

    HighLights

    • Approved site plan for 95 residential lots.
    • High demand location with rapid new home sales.
    • Easy commute to Canton and Ann Arbor.
    • Close proximity to the University of Michigan and Eastern Michigan University.
    • Minutes from University of Michigan Hospitals.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Superior Charter Township
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.576164337809
    Latitude
    42.268289023144

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    FAQs

    What type of property is this?
    Land - 95-Home Site Plan Approved, 37 Acres
    Where is this land located?
    The property is located at 1530 Macarthur Blvd Superior Charter Township, MI.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: Approved site plan for 95 residential lots.; High demand location with rapid new home sales.; Easy commute to Canton and Ann Arbor.
    Request Owner's contact information
    1530 Macarthur Blvd Superior Charter Township, MI 48198
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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
    1530 Macarthur Blvd Superior Charter Township, MI 48198
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