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    Off Carpenter Ypsilanti, MI 48197

    Sponsored
    For Sale
    $975,000

    Prime Ypsilanti land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.59-acre parcel presents a remarkable opportunity for commercial or industrial development. Strategically located in Pittsfield Township, Washtenaw County, Michigan, on the Carpenter Road corridor, this property boasts excellent visibility to US-23, ensuring high traffic exposure for any future business. The property's address is W. Off Carpenter, N. of Ellsworth, Ypsilanti, MI 48197, with APN L-12-11-150-031. Zoned FB – Form Based, this land offers significant potential for a variety of uses. The site's substantial size provides ample space for construction and development, accommodating large-scale projects. Existing utilities are readily available, simplifying the development process and reducing upfront costs. This prime location, combined with its zoning and accessibility, makes this property an attractive investment for developers seeking a high-impact location in a thriving area. The asking price is $975,000. Don't miss this chance to acquire a highly visible and versatile property in a rapidly growing market.

    Property Features for 0 Off Carpenter

    General Information

    Property type
    Land
    Lot Size
    156,380 SF

    HighLights

    • $975,000 asking price.
    • 3.59‑acre commercial/industrial land parcel.
    • Located in Ypsilanti, MI, Washtenaw County, zip code 48197.
    • FB (Form‑Based) zoning.
    • APN: L‑12‑11‑150‑031.
    • High visibility on Carpenter Road corridor with US‑23 access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ypsilanti
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.6785854
    Latitude
    42.2302035

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    FAQs

    What type of property is this?
    Land - Prime Ypsilanti land, ideal for development.
    Where is this land located?
    The property is located at Off Carpenter Ypsilanti, MI.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: $975,000 asking price.; 3.59-acre commercial/industrial land parcel.; Located in Ypsilanti, MI, Washtenaw County, zip code 48197.
    Request Owner's contact information
    Off Carpenter Ypsilanti, MI 48197
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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
    Off Carpenter Ypsilanti, MI 48197
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