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    00 Ashland Harrison Twp, Harrison Township, MI 48045

    20 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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