0 Martinsville Rd Belleville, MI 48111
This exceptional 12.29-acre parcel of vacant land presents a remarkable opportunity for commercial development in Belleville, Michigan. Located on Martinsville Rd in Van Buren Charter Township, Wayne County, this property boasts an R1A zoning designation and is conveniently situated near I-94, offering easy access to major transportation routes. The asking price is $700,000, translating to $56,957 per acre. The land is identified by APN numbers 83-088-99-0070-000 and 83-088-99-0069-701. Its strategic location is further enhanced by its proximity to a number of new developments in downtown Belleville and is surrounded by newer housing developments, suggesting a strong potential for future growth and high demand. This property is perfect for developers seeking a prime location to build a variety of commercial projects, capitalizing on the area's expanding infrastructure and residential growth. The 48111 zip code further underscores its accessibility and desirability. With its substantial size and advantageous location, this land offers significant potential for a lucrative investment. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.