Property profile

2.42 Acres Byfield Harrison, MI 48625

OFF-MARKET
Industrial properties
2.42 ac lot
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Property summary

AI-generated overview

This exceptional 2.42-acre parcel presents a prime opportunity for industrial development in the thriving city of Harrison, Michigan. The land is already level, significantly reducing site preparation costs and expediting the development process. While currently zoned residential, the city's Future Use Map designates this property for commercial use, paving the way for a seamless transition. Prospective buyers should be aware that rezoning will require approval from the City of Harrison. This property's location within the city offers excellent access to infrastructure and potential workforce, making it an attractive investment for businesses seeking to establish or expand their operations. The groundwork has already been completed, saving considerable time and resources. The seller is offering this property at an attractive price point of $100,000. This represents a significant value proposition for developers seeking a strategically located, prepared site with strong future development potential. Please note that the sale is subject to the City of Harrison's approval of a potential parcel split. Detailed information regarding the city's rezoning process and requirements can be obtained directly from the Harrison City Planning Department. This is a unique opportunity to acquire a ready-to-develop industrial site in a growing Michigan community.

Property profile

Verified
Property type Industrial properties
Lot 2.42 ac (105,415 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2.42 Acres Byfield Harrison, MI 48625
Harrison metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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