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Property profile & analytics
OFF-MARKET
Land

0 Brewer Rd Howell, MI 48855

7.78 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 7.78 ac (338,897 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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