0 Ashland Ave, Harrison Township, MI 48045
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.
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.