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Property profile & analytics
OFF-MARKET
Land

00000 Riggs Rd Belleville, MI 48111

0.88 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.88-acre commercial land parcel, located at 00000 Riggs Road in Belleville, Michigan (Wayne County, zip code 48111), presents a fantastic opportunity for development. The property, identified by APN 83139990041707, is privately owned and is not a short sale. It boasts convenient access to public water, gas, and electric utilities, making it ideal for immediate construction. The land is zoned for residential use, offering flexibility for various building projects. However, prospective buyers should note that Van Buren Township zoning requires a minimum building size of 2,000 square feet. Manufactured homes are not permitted. This cleared lot is ready for construction, and the seller is offering land contract terms: $8,000 down payment, 8% interest, a monthly payment of $375, and a 3-year term with a balloon payment at the end. The asking price for this prime building site is $40,000. Additional building sites in the area are also available. This property is situated at latitude 42.1808875 and longitude -83.4496013. Don't miss this chance to acquire a well-located, build-ready lot in a desirable area.

Property profile
Verified
Property type Land
Lot 0.88 ac (38,333 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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