Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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