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    199 Ford Blvd Ypsilanti, MI 48198

    For Sale
    $400,000

    10.22 Acres, Prime Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 10.22-acre parcel presents a remarkable opportunity for multi-family development in Ypsilanti, Michigan. Located at 199 S Ford Blvd, this land, identified by APN K-11-11-228-015, is zoned RM-LD, permitting residential construction. The property boasts a highly desirable location, surrounded by established residential neighborhoods, ensuring immediate access to a strong potential tenant base. All essential utilities are readily available, simplifying the development process and minimizing upfront costs. Its strategic position offers convenient access to major transportation arteries, including Michigan Avenue and I-94, facilitating seamless commutes for future residents. Furthermore, its proximity to downtown Ypsilanti, Canton, Belleville, and several local colleges and universities provides unparalleled convenience and access to a diverse population. The asking price for this prime development land is $400,000. This represents a significant investment opportunity with substantial potential for future growth and return. The property is owned free and clear, eliminating complexities associated with shared ownership. Don't miss this chance to acquire a truly exceptional piece of land in a thriving Michigan community.

    Property Features for 199 Ford Blvd

    General Information

    Property type
    Land
    Lot Size
    445,183 SF

    HighLights

    • 10.22‑acre multi‑family development site in Ypsilanti, MI.
    • APN K‑11‑11‑228‑015, RM‑LD zoning.
    • Located at 199 S Ford Blvd, near major roads and amenities.
    • All utilities available; $400,000 asking price.
    • Free and clear ownership.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Ypsilanti
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.578872
    Latitude
    42.244467

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    FAQs

    What type of property is this?
    Land - 10.22 Acres, Prime Development Site
    Where is this land located?
    The property is located at 199 Ford Blvd Ypsilanti, MI.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: 10.22-acre multi-family development site in Ypsilanti, MI.; APN K-11-11-228-015, RM-LD zoning.; Located at 199 S Ford Blvd, near major roads and amenities.
    (734) 994-3100
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    199 Ford Blvd Ypsilanti, MI 48198
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    Ypsilanti, MI 48198
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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
    199 Ford Blvd Ypsilanti, MI 48198
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