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    Brighton, MI 48114

    Sponsored
    For Sale
    $850,000

    Prime 17-acre commercial/residential land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 17-acre parcel, located at the northwest corner of McClement and Old US 23 in Brighton, Michigan (zip code 48114), presents a unique investment opportunity. The property boasts 1300 feet of frontage on Old US 23, offering significant visibility and accessibility. Its APN is 12-05-400-003. Currently zoned B-1, this land allows for mixed-use development, catering to a variety of commercial and residential ventures. Utilities are conveniently located on-site, simplifying development plans. The asking price for this expansive property is $850,000. With its strategic location, ample size, and flexible zoning, this 17-acre site is ideal for developers seeking a high-impact project in a thriving Michigan community. The property is easily accessible via Old US 23, providing excellent connectivity for businesses and residents alike. This is a rare opportunity to acquire a large, well-situated parcel with significant development potential. Serious inquiries are encouraged.

    Property Features for 0

    General Information

    Property type
    Land
    Lot Size
    740,520 SF

    HighLights

    • 1300 feet of frontage on US‑23.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Brighton
    County
    Livingston
    State
    Michigan
    Longitude
    -83.7528952
    Latitude
    42.5723202

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    FAQs

    What type of property is this?
    Land - Prime 17-acre commercial/residential land.
    Where is this land located?
    The property is located at Brighton, MI.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 1300 feet of frontage on US-23.; ;
    Request Owner's contact information
    Brighton, MI 48114
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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
    Brighton, MI 48114
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