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    67497 Van Dyke Ave Washington, MI 48095

    Sponsored
    For Sale
    $599,000

    2.31 Acres, $599,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.31-acre commercial land parcel presents a unique investment opportunity in Washington, Michigan. Located at 67497 Van Dyke Ave, this property boasts a desirable location, situated north of 31 Mile Road and on the west side of Van Dyke Avenue. The lot features impressive dimensions of 304 feet of frontage and 347 feet of depth, providing ample space for development. The property is zoned LC and includes city water and electric utilities, along with a septic system. The site also benefits from a proposed full-movement cross-access easement approach off Van Dyke Avenue, designed to efficiently service any future buildings. This strategic access point enhances the property's functionality and appeal. Two existing buildings are on the site, one measuring 3,565 square feet and the other 6,365 square feet. The parcel's size, location, and existing infrastructure make it ideal for a variety of commercial ventures. The asking price is $599,000, and the APN is 24-04-02-353-050. This is a rare opportunity to acquire a substantial commercial property in a growing area. Don't miss out on this chance to secure a prime piece of Macomb County real estate.

    Property Features for 67497 Van Dyke Ave

    General Information

    Property type
    Land
    Lot Size
    100,624 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Washington
    County
    Macomb
    State
    Michigan
    Longitude
    -83.013373003404
    Latitude
    42.790081234291

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    FAQs

    What type of property is this?
    Land - 2.31 Acres, $599,000
    Where is this land located?
    The property is located at 67497 Van Dyke Ave Washington, MI.
    What is the asking price?
    The asking price for this property is $599,000.
    Request Owner's contact information
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    Washington, MI 48095
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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
    67497 Van Dyke Ave Washington, MI 48095
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