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    8310 Main St Whitmore Lake, MI 48189

    For Sale
    $3,840,000

    66 Acres, Prime Residential Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 66.64-acre commercial land parcel, located at 8310 Main St, Whitmore Lake, MI 48189 (APN B-02-08-300-004), presents a significant development opportunity. Zoned AR & SR-1, it's ideally suited for medium-density residential construction. The property's strategic location offers excellent frontage on Main Street, providing high visibility and accessibility. The site comprises four parcels situated west of the railroad tracks, with a minimum lot size of 1/4 acre, allowing for efficient planning and development. While sewer and water connections are required, the substantial acreage and favorable zoning make this a compelling investment for residential developers seeking a prime location in Washtenaw County, Michigan. The asking price for this expansive tract is $3,840,000. This represents a unique chance to acquire a large, well-positioned parcel ready for the creation of a thriving residential community. Prospective buyers are encouraged to conduct their own due diligence regarding utility connections and development requirements.

    Property Features for 8310 Main St

    General Information

    Property type
    Land
    Lot Size
    2,902,838 SF

    HighLights

    • 66.64‑acre commercial land parcel in Whitmore Lake, MI.
    • Zoned AR & SR‑1, suitable for medium‑density residential development.
    • Excellent Main Street frontage for high visibility and accessibility.
    • Four parcels totaling 66.64 acres, west of railroad tracks, minimum 0.25‑acre lots.
    • Requires sewer and water connection; $3,840,000 asking price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Dental Office Wholesale Shop Auto Repair Shop Hotel & Motel Gym & Fitness Auto Parts Store Department Store Storage Facility HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Whitmore Lake
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.760127
    Latitude
    42.405402

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    FAQs

    What type of property is this?
    Land - 66 Acres, Prime Residential Potential
    Where is this land located?
    The property is located at 8310 Main St Whitmore Lake, MI.
    What is the asking price?
    The asking price for this property is $3,840,000.
    What are key features of this property?
    This property features: 66.64-acre commercial land parcel in Whitmore Lake, MI.; Zoned AR & SR-1, suitable for medium-density residential development.; Excellent Main Street frontage for high visibility and accessibility.
    (734) 994-3100
    Request Owner's contact information
    8310 Main St Whitmore Lake, MI 48189
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    Whitmore Lake, MI 48189
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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
    8310 Main St Whitmore Lake, MI 48189
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