951 Michigan Ave Ypsilanti, MI 48198
This exceptional 6.59-acre commercial land parcel, located at 953 E Michigan Ave in Ypsilanti, Michigan (Washtenaw County, zip code 48198), presents a prime development opportunity. The property, identified by APN K-11-10-205-039, is zoned B-3 General Business, offering significant flexibility for various commercial ventures. Previously occupied by a mobile home park, the site has been completely cleared, eliminating the need for costly demolition. The land is now a blank canvas, ready for immediate development. With a total area of 287,060 square feet, this expansive lot provides ample space for a wide range of projects. The seller is open to negotiations on the price, and a development agreement is a required condition of sale. This presents a unique chance to acquire a sizable, cleared commercial lot in a desirable location, poised for significant future growth. Serious inquiries only. The property is conveniently located near major transportation routes, offering easy access to the surrounding community and beyond. This is an exceptional opportunity for developers seeking a prime location for their next project. All utilities are available at the site.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.