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    24133 Napier Rd South Lyon, MI 48178

    • Commercial real estate
    • 5.00 lot acres
    For Sale
    View listing
    $750,000
    Value Estimation
    Location Intelligence
    Property ID
    US43-3189879
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 24133 Napier Rd

    Lot size
    5.00 lot acres
    Property type
    Commercial real estate
    APN
    21-25-201-055

    Description

    This exceptional 5-acre parcel, located at 24133 Napier Road in Lyon Township, Michigan (zip code 48178), presents a unique investment opportunity. The property, identified by APN 21-25-201-055, is zoned PUD (Planned Unit Development), offering considerable flexibility for various development projects. The asking price is $750,000, translating to $150,000 per acre, reflecting the land's high value in this rapidly growing area. Situated in one of Michigan's fastest-growing communities, this location benefits from significant residential development activity along the Napier corridor, with numerous projects currently in various stages of approval. The PUD zoning allows for a range of uses, including senior or assisted living facilities, daycare centers, and religious institutions, along with other possibilities subject to special land use permits. This prime location and versatile zoning make this 5-acre tract an ideal investment for developers seeking a high-potential project in a thriving market. The property's latitude and longitude coordinates are 42.4627232 and -83.5542959 respectively. Serious inquiries are encouraged.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    South Lyon
    County
    South West Oakland
    State
    Michigan
    Longitude
    -83.5542959
    Latitude
    42.4627232

    Comparable in this City

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      Updated Ranch Co-Op for Seniors

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    Similar Nearby for Sale

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      View Details
    • $135,000

      Updated Ranch Co-Op for Seniors

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      View Details

    Similar Nearby for Lease

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      Retail Space in Grocery-Anchored Center

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    • Contact for pricing
      6,575 SF

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    24133 Napier Rd
    South Lyon, MI 48178
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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