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    Holbrook St & Plymouth Rd Plymouth, MI 48170

    Sponsored
    For Sale
    $250,000

    23 Lots, 5.57 Acres, Historic District

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.57-acre parcel in Plymouth, Michigan, presents a rare opportunity to acquire 23 newly developed single-family residential lots. Situated in the desirable Historic Old Village, this Class-A development boasts a prime location just 0.75 miles from downtown Plymouth's vibrant center. The lots, ranging in width from 50 to 60 feet, are designed to accommodate front entrances and attached garages, a significant advantage in this sought-after area. Many lots offer greater depth than typical residential lots, providing ample space for homes. Adding to the appeal, the property backs up to Hines Park, offering residents convenient access to natural beauty and recreational opportunities. The permitted zoning is Historic Old Village, ensuring the preservation of the area's unique character. This development is ready for immediate construction, making it an attractive investment for builders or developers seeking a high-demand location with exceptional features. The parcel number is 49-004-01-0429-309. The asking price for this entire development is $250,000. Don't miss this chance to own a piece of Plymouth's rich history and promising future.

    Property Features for 0 Holbrook St & Plymouth Rd

    General Information

    Property type
    Land
    Lot Size
    242,629 SF

    HighLights

    • Parcel ID: 49‑004‑01‑0429‑309
    • 5.57‑acre site
    • 23 new single‑family residential lots
    • 0.75 miles from Plymouth's downtown
    • 50' and 60' wide lots accommodating front entry and attached garages
    • Walkout lots available
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Plymouth
    County
    Wayne
    State
    Michigan
    Longitude
    -83.4593736
    Latitude
    42.3765839

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    FAQs

    What type of property is this?
    Land - 23 Lots, 5.57 Acres, Historic District
    Where is this land located?
    The property is located at Holbrook St & Plymouth Rd Plymouth, MI.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Parcel ID: 49-004-01-0429-309; 5.57-acre site; 23 new single-family residential lots
    (248) 351-6327
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    Holbrook St & Plymouth Rd Plymouth, MI 48170
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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
    Holbrook St & Plymouth Rd Plymouth, MI 48170
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