You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

0 Luick Dr Chelsea, MI 48118

12.14 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 12.14-acre parcel, located on Luick Drive in Chelsea, Michigan, presents a unique opportunity for small-scale residential development. Zoned R-1A Suburban Residential, the property allows for the creation of one-acre residential lots, making it ideal for a builder or investor seeking a prime location for new construction. The land boasts sandy soil and is serviced by well and septic systems, simplifying the development process. Situated within the desirable Chelsea School District, this property offers convenient access to top-rated schools. Its strategic location in Lima Township, between Freer and Fletcher Roads, provides easy access to downtown Chelsea's amenities, including hospitals, shopping, restaurants, businesses, and the I-94 expressway. Commuting to Ann Arbor is also a breeze, with a travel time of under 15 minutes. Utilities such as electricity and gas are readily available. An existing easement ensures convenient access via a business driveway. The APN is G-07-18-400-054. This is a rare opportunity to acquire a sizable, well-located parcel in a thriving community. The asking price is $199,000.

Property profile
Verified
Property type Land
Lot 12.14 ac (528,818 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Luick Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message