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Property profile & analytics
OFF-MARKET
Land

951 Michigan Ave Ypsilanti, MI 48198

6.59 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 6.59 ac (287,060 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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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