Property profile

00 Ashland Harrison Twp Harrison Township, MI 48045

OFF-MARKET
Land
20 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 20 ac (871,200 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

00 Ashland Harrison Twp Harrison Township, MI 48045
Harrison Township metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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