00 Ashland Harrison Twp, Harrison Township, MI 48045
This exceptional 20-acre development site presents a unique investment opportunity in desirable Harrison Township, Michigan. Located in the Ashland Woods Estates area, this property boasts convenient access to I-94 and the recreational amenities of Metro Beach and Lake St. Clair. Currently zoned R1C for single-family residential use, the land offers the potential for approximately 40 residential homesites. All utilities are readily available on-site, simplifying development plans. A site plan for the initial phase of development is already available, streamlining the project's commencement. The property comprises two parcels, identified by APN numbers 17-12-20-202-009 and 17-12-20-226-003. Priced at $979,000, this translates to a land value of $60 per acre, representing a compelling entry point for residential development in this highly sought-after location. The property's address is 00 Ashland, Harrison Township, MI 48045, situated in Macomb County. This prime location, coupled with the existing infrastructure and development plan, makes this a truly exceptional opportunity for builders and investors alike. The property's coordinates are 42.5854614 latitude and -82.8474114 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.