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Property profile & analytics
OFF-MARKET
Land

11000 Sooten Rd Manchester, MI 48158

39.56 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 39.56-acre property in Manchester, Michigan, presents a unique investment opportunity. Located on Sooten and Hogan Roads, on the southeast edge of the village and just off M-52, this land boasts 23 acres of open, previously farmed land, ideal for agricultural use or redevelopment. A central 3-acre pond/wetland adds to the property's natural beauty and ecological value. The remaining acreage is wooded, providing ample space for privacy and potential building sites. Annexed into the Village in 2006, the property received preliminary approval for a Planned Unit Development (PUD) of 68 lots, serviced by municipal water and sewer. This suggests significant potential for residential development. An existing pole barn is included in the sale "as is." The property's convenient location offers easy access to downtown Manchester, Ann Arbor, and Jackson. Its proximity to paved roads (Hogan Road, Adrian Street, and Parr Street) enhances its accessibility. The abundant deer habitat makes it attractive for those seeking a private estate. The owner is open to considering land contract terms, requiring 20% down, market rate interest, and a balloon payment within 3-5 years, subject to buyer qualification. The property is zoned R-1A. The Washtenaw County location and the combination of agricultural, residential, and potential development uses make this a versatile and attractive investment.

Property profile
Verified
Property type Land
Lot 39.56 ac (1,723,234 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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