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    2.42 Acres Byfield Dr Harrison, MI 48625

    Sponsored
    For Sale
    $100,000

    2.42 Acres, Level Lot, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2.42-acre commercial land parcel in Harrison, Michigan, presents a prime development opportunity. Located on Byfield Drive, this level lot boasts existing groundwork, simplifying the development process. Currently zoned residential, the city's future land use map designates this property for commercial use, paving the way for a seamless transition. Rezoning will be subject to approval by the City of Harrison, and the property is also subject to city approval of a potential split. The site offers convenient access to public water at the street and paved roads, ensuring infrastructure is readily available. This property is ideal for entrepreneurs and developers seeking a strategic location in a growing area. The asking price is $100,000, making it an attractive investment for those looking to capitalize on the potential of this prime commercial land. The property's address is 2.42 Acres Byfield Drive, Harrison, MI 48625, situated in Clare County. The latitude and longitude coordinates are 44.0258446, -84.832055 respectively.

    Property Features for 0 2.42 Acres Byfield Dr

    General Information

    Property type
    Land
    Lot Size
    105,415 SF

    HighLights

    • 2.42‑acre commercial land parcel in Harrison, MI.
    • Level lot with existing groundwork on Byfield Drive.
    • Currently residentially zoned, but designated for future commercial use per the city's land use map (rezoning subject to city approval).
    • City approval for potential lot split required.
    • Public water and paved road access.
    • Asking price: $100,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Harrison
    County
    Clare
    State
    Michigan
    Longitude
    -84.832055
    Latitude
    44.0258446

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    FAQs

    What type of property is this?
    Land - 2.42 Acres, Level Lot, Development Ready
    Where is this land located?
    The property is located at 2.42 Acres Byfield Dr Harrison, MI.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: 2.42-acre commercial land parcel in Harrison, MI.; Level lot with existing groundwork on Byfield Drive.; Currently residentially zoned, but designated for future commercial use per the city's land use map (rezoning subject to city approval).
    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
    2.42 Acres Byfield Dr Harrison, MI 48625
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