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Property profile & analytics
OFF-MARKET
Land

2317 M-52 Chelsea, MI 48118

3.7 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.7-acre property in Chelsea, Michigan, presents a unique redevelopment opportunity. Strategically located just south of the city, near I-94's M-52 exit, this land offers unparalleled access to major transportation routes, placing it halfway between Ann Arbor and Jackson. Currently zoned AG - Master Planned Mixed Use, the possibilities are vast, encompassing hospitality, office, industrial, retail, and multi-family developments. The site includes a 2,000 square foot house and an old barn, though the value lies primarily in the land itself. The house is currently tenant-occupied and showings are not permitted. The property is situated within Sylvan Township's sewer and water district, with sewer access approximately 4,000 feet away on McKernan Drive (south of I-94) and water located north of I-94. The existing house utilizes a well and septic system (septic updated in 2015). This offering presents a compelling investment opportunity, further enhanced by the availability of an additional 204.3 acres (74.98 acres to the north and 129 acres to the west) for potential expansion. The property's APN is F-06-24-200-011 and F-06-24-200-010. Asking price is $525,000. Unauthorized entry onto the property is strictly prohibited.

Property profile
Verified
Property type Land
Lot 3.7 ac (161,172 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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