24279 Arsenal Rd Brownstown, MI 48134
- Retail properties
- 1 SF
- 19.90 lot acres
Current Use by Public Records
- Retail properties
Property Details for 24279 Arsenal Rd
- Lot size
- 19.90 lot acres
- Property size
- 1 SF
- Property type
- Retail properties
Description
This exceptional 19.9-acre parcel, located at 24279 Arsenal Road in Brownstown, Michigan (zip code 48134), presents a remarkable opportunity for residential development. Boasting approximately 600 feet of frontage along Arsenal Road, this property offers unparalleled visibility and accessibility. The land, formerly a farm, is largely cleared and ready for immediate development. All essential utilities—water, gas, sewer, and electric—are readily available on-site, simplifying the construction process. The property is zoned R-1, permitting single-family residential construction, aligning perfectly with the high demand for housing in this area. Its strategic location adjacent to the Del Webb Bridgewater development further enhances its desirability and potential for significant return on investment. The Wayne County parcel, APN 70 058 99 0010 000, has an assessed property tax of $7,036. While the listed square footage is 1 square foot, this reflects the existing structure, not the overall land area. This is a prime opportunity to capitalize on the burgeoning residential market in a desirable location. The expansive acreage and convenient access make this an exceptional investment for developers seeking a high-impact project. The asking price for this exceptional development opportunity is $400,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brownstown
- County
- Wayne
- State
- Michigan
- Longitude
- -83.2874
- Latitude
- 42.1281
