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    OFF-MARKET
    Land

    0 Ashland Ave, Harrison Township, MI 48045

    Property ID
    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
    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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