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    18808 Us-12 Hwy Cement City, MI 49233

    Sponsored
    For Sale
    $2,000,000

    60 Acres, $2M, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 60.14-acre agricultural property, located at 18808 US-12 Highway in Cement City, Michigan (zip code 49233, APN WD0-107-1550-00), presents a unique investment opportunity. Currently zoned AG-1, this land boasts a prime corner location with significant commercial potential. The high volume of commercial traffic traveling between Jackson and Toledo makes this an ideal site for various ventures. The property's strategic positioning suggests suitability for a truck stop, fueling station, or similar commercial development. While the total acreage is 60.14 acres, the net usable acreage is 47.67 acres. The asking price is $2,000,000, translating to approximately $33,255 per acre. The property's size and location offer flexibility; the land can be subdivided to accommodate the needs of the right buyer. This is a rare opportunity to acquire a substantial parcel of land in a high-traffic area with significant development potential. Serious inquiries are encouraged.

    Property Features for 18808 Us-12 Hwy

    General Information

    Property type
    Farms
    Lot Size
    2,619,698 SF

    HighLights

    • $2,000,000 asking price for 60.14 acres of agricultural land.
    • AG‑1 zoning.
    • Located at 18808 US‑12 Highway, Cement City, MI 49233 (Lenawee County).
    • $33,255 per acre land value.
    • APN: WD0‑107‑1550‑00.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cement City
    County
    Lenawee
    State
    Michigan
    Longitude
    -84.360505
    Latitude
    42.053183

    Nearby Comparable

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      Commercial Land with Expansion Potential

      Corner lot with high traffic, suitable for truck stop.
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      Lakefront Lot on Crystal Lake

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    FAQs

    What type of property is this?
    Farm - 60 Acres, $2M, High Traffic Area
    Where is this farm located?
    The property is located at 18808 Us-12 Hwy Cement City, MI.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: $2,000,000 asking price for 60.14 acres of agricultural land.; AG-1 zoning.; Located at 18808 US-12 Highway, Cement City, MI 49233 (Lenawee County).
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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
    18808 Us-12 Hwy Cement City, MI 49233
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