Brighton, MI 48114
This exceptional 17-acre parcel, located at the northwest corner of McClement and Old US 23 in Brighton, Michigan (zip code 48114), presents a unique investment opportunity. The property boasts 1300 feet of frontage on Old US 23, offering significant visibility and accessibility. Its APN is 12-05-400-003. Currently zoned B-1, this land allows for mixed-use development, catering to a variety of commercial and residential ventures. Utilities are conveniently located on-site, simplifying development plans. The asking price for this expansive property is $850,000. With its strategic location, ample size, and flexible zoning, this 17-acre site is ideal for developers seeking a high-impact project in a thriving Michigan community. The property is easily accessible via Old US 23, providing excellent connectivity for businesses and residents alike. This is a rare opportunity to acquire a large, well-situated parcel with significant development potential. Serious inquiries are encouraged.
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.