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    617 Hewitt & Ellsworth Rd Ypsilanti, MI 48197

    Sponsored
    For Lease
    Contact for pricing

    0.77-acre lot, high-traffic location.

    Lot size:
    7,520 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 0.77-acre hard-corner lot presents a prime opportunity for lease or build-to-suit development in Ypsilanti, Michigan. Situated at the southeast corner of Hewitt and Ellsworth Roads, this property boasts a highly visible location with exceptional access to I-94 Freeway. The site is surrounded by a mix of established national and local retailers, ensuring high traffic volume and strong consumer presence. With over 142,000 people residing within a 5-mile radius, this location offers a substantial and readily accessible customer base. The General Business (GB) zoning designation provides flexibility for a wide range of commercial uses, including retail establishments, medical facilities, urgent care centers, daycare centers, and banking institutions. The 7,520 square foot buildable area allows for substantial development potential. This property is ideal for businesses seeking high visibility and convenient access to a dense population center. The strategic location and flexible zoning make this an exceptional investment opportunity.

    Property Features for 617 Hewitt & Ellsworth Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,520 SF

    Unit(s) available at that property

    Space
    Size
    7,520 SF

    HighLights

    • 0.77‑acre hard‑corner lot.
    • High‑traffic location with nearby national and local retailers.
    • Over 142,000 people reside within a 5‑mile radius.
    • Excellent I‑94 freeway access.
    • General Business zoning allows for diverse uses, including retail, medical, daycare, and banking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ypsilanti
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.644038056422
    Latitude
    42.230132456925

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    FAQs

    What type of property is this?
    Land - 0.77-acre lot, high-traffic location.
    Where is this land located?
    The property is located at 617 Hewitt & Ellsworth Rd Ypsilanti, MI.
    What are key features of this property?
    This property features: 0.77-acre hard-corner lot.; High-traffic location with nearby national and local retailers.; Over 142,000 people reside within a 5-mile radius.
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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
    617 Hewitt & Ellsworth Rd Ypsilanti, MI 48197
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