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    1440 Treetop Dr Meridian charter Township, MI 48864

    Sponsored
    For Sale
    $395,000

    2.7-acre prime development site, multifamily zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 2.7-acre land parcel presents a remarkable multifamily development opportunity in the desirable Meridian Charter Township, Michigan. Located at 1440 Treetop Dr, 48864, this property is ideally situated just off W Grand River Ave, providing convenient access to major thoroughfares and amenities. The site is zoned RC (Multiple Family Residential Districts), offering considerable flexibility for various multifamily projects. Permitted uses under this zoning include apartments, terrace apartments, and row houses. The property's strategic location places it within close proximity to popular destinations such as The Meridian Mall, and established residential areas like Meridian Meadows, ArrowTree Apartments, and Okemos Village Apartments, ensuring a strong potential tenant base. The parcel encompasses two contiguous lots, APN 33-02-02-23-351-006 & 33-02-02-23-352-005, providing a substantial area for a significant development. This is a rare opportunity to capitalize on the growing demand for multifamily housing in this thriving community. The asking price for this exceptional development site is $395,000. Don't miss this chance to build a vibrant new community in a highly sought-after location.

    Property Features for 1440 Treetop Dr

    General Information

    Property type
    Land
    Lot Size
    117,612 SF

    HighLights

    • 2.7‑acre multifamily development site in Meridian Charter Township, MI.
    • Located at 1440 Treetop Dr, 48864, near W Grand River Ave.
    • RC zoning allows apartments, terrace apartments, and row houses.
    • Two contiguous lots (APN 33‑02‑02‑23‑351‑006 & 33‑02‑02‑23‑352‑005).
    • Asking price: $395,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Meridian charter Township
    County
    Ingham
    State
    Michigan
    Longitude
    -84.40057
    Latitude
    42.714714

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    FAQs

    What type of property is this?
    Land - 2.7-acre prime development site, multifamily zoning.
    Where is this land located?
    The property is located at 1440 Treetop Dr Meridian charter Township, MI.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: 2.7-acre multifamily development site in Meridian Charter Township, MI.; Located at 1440 Treetop Dr, 48864, near W Grand River Ave.; RC zoning allows apartments, terrace apartments, and row houses.
    (517) 662-3529
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    1440 Treetop Dr Meridian charter Township, MI 48864
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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
    1440 Treetop Dr Meridian charter Township, MI 48864
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