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    OFF-MARKET
    Land

    212 East St, Brighton, MI 48116

    0.19 ac lot
    Property ID
    Property summary
    AI-generated overview

    Exceptional investment opportunity in downtown Brighton, Michigan, encompassing three contiguous parcels totaling 0.19 acres. This assemblage presents a rare chance to acquire a highly desirable property within the Downtown Business District (DBD) and the Downtown Development Authority (DDA) area. The unique zoning allows for a diverse range of development possibilities, including Planned Unit Development (PUD), mixed-use projects, office space, retail establishments, residential units, and ample parking. The existing house on one parcel is of minimal value and is included in the sale price of $700,000. The city has indicated a willingness to collaborate on development plans, making this an even more attractive proposition. This combined parcel offering is exceptionally rare in this prime location. The property includes 212 S East St, and two additional parcels located on North Street (116 E. North St. and 122 E. North St.). This presents a unique opportunity for developers and investors seeking a high-impact project in a thriving downtown area. The potential for significant return on investment is substantial given the flexibility of zoning and the city's supportive approach to development. This is a truly exceptional opportunity to shape the future of downtown Brighton.

    Property profile
    Verified
    Property type Land
    Lot 0.19 ac (8,276 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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