0 Brewer Rd Howell, MI 48855
This exceptional 7.78-acre parcel in Howell Township, Michigan, presents a remarkable opportunity for multi-family development. Currently zoned for multi-family use, the property boasts pre-approved plans for 68 units, significantly streamlining the development process. The land is partially developed, offering a head start on construction. Its prime location offers convenient access to major roadways, including M-59 and M-69, ensuring excellent connectivity for future residents. The property's adjacency to Brewer Meadows presents a unique potential for expansion or synergistic development opportunities. The asking price is $1,200,000. This is a for-sale-by-owner listing, offering a direct path to acquisition. The property's zoning and existing approvals make it an ideal investment for developers seeking a high-potential, multi-family project in a desirable Michigan location. The Livingston County address is on Brewer Rd, Howell Twp, MI 48855. This is a rare opportunity to acquire a substantial land parcel with significant development potential in a thriving community. The existing approvals for 68 units represent a substantial value proposition, minimizing pre-development hurdles and accelerating the path to profitability. The strategic location and existing infrastructure further enhance the investment appeal of this exceptional property.
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
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.