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    Us Highway 27 Marshall, MI 49068

    Sponsored
    For Sale
    $3,799,000

    Prime Michigan land for housing development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,799,000 USD property, located at 0000 Old US 27 N in Marshall, Michigan (zip code 49068), presents a unique opportunity for residential development. Situated in Calhoun County, this land parcel is zoned AG and designated for residential use within the township master plan, making it ideal for a multi-product housing project catering to diverse needs. Access is available from both the east and west sides of US Hwy 27 N. The property's location is particularly advantageous given the anticipated industrial growth in the area, creating a significant demand for housing. Prospective developers should note that an on-site waste treatment plant will likely be required. This presents a chance to create a subdivision that addresses the current housing shortage and serves a wide range of buyers. The property's latitude and longitude coordinates are 42.315323129640866 and -84.96158523358514 respectively. This is a remarkable chance to capitalize on the burgeoning housing market in this thriving Michigan community. Act now to begin the process of developing this promising residential project.

    Property Features for 0 Us Highway 27

    General Information

    Property type
    Land

    HighLights

    • $3,799,000 asking price.
    • Residential land in Marshall, MI.
    • AG zoning.
    • Located on US Hwy 27 N, Calhoun County, MI 49068.
    • Suitable for multi‑product residential development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Marshall
    County
    Calhoun
    State
    Michigan
    Longitude
    -84.961585233585
    Latitude
    42.315323129641

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    FAQs

    What type of property is this?
    Land - Prime Michigan land for housing development.
    Where is this land located?
    The property is located at Us Highway 27 Marshall, MI.
    What is the asking price?
    The asking price for this property is $3,799,000.
    What are key features of this property?
    This property features: $3,799,000 asking price.; Residential land in Marshall, MI.; AG zoning.
    Request Owner's contact information
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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
    Us Highway 27 Marshall, MI 49068
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