Property profile

0 Ashland Ave Harrison Township, MI 48045

OFF-MARKET
Land
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Property summary

AI-generated overview

Exceptional 20-acre development opportunity in desirable Harrison Township, Michigan, awaits. Located on Ashland Ave, this property boasts convenient access to I-94 and the recreational amenities of Metro Beach and Lake St. Clair. The site is zoned R1C for single-family residential development, offering significant potential for approximately 40 residential homesites. All necessary utilities—water and sewer—are already in place, streamlining the development process. A preliminary site plan is available for the initial phase of construction, further enhancing the project's feasibility. This offering includes two parcels (17-12-20-202-009 and 17-12-20-226-003), providing a consolidated and readily developable land parcel. The asking price is $979,000, and the seller is actively reviewing all offers. This presents a unique chance to capitalize on the strong demand for residential properties in this highly sought-after location. The property's proximity to major roadways and recreational areas makes it an attractive investment for developers seeking a lucrative and convenient project. Don't miss this opportunity to acquire a substantial and well-positioned development site.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

Ashland Ave Harrison Township, MI 48045
Harrison Township metro
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Value estimations

Realmo proprietary · 4 methods
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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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