0 Faussett Rd, Howell, MI 48855
This exceptional 217,800 square foot retail property, situated on a spacious 5-acre lot in Howell, Michigan, presents a unique investment opportunity. Located at 0 Faussett Road, 48855, this commercial property boasts a generous footprint, ideal for a variety of retail ventures. The property is zoned A-1, offering flexibility for development and expansion. The asking price is $60,000, translating to a price per square foot of $0.28. The property's expansive size and prime location within Livingston County provide excellent visibility and accessibility. Its proximity to major freeways ensures convenient transportation for both customers and employees. While the current marketing materials suggest residential development, the property's zoning and size make it particularly well-suited for large-scale retail operations. The parcel's quiet and private setting offers a unique blend of tranquility and accessibility to the amenities of Howell and Hartland. The property's APN is 03-31-200-015. This is a rare opportunity to acquire a significant retail space in a desirable Michigan location.
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
Similar Nearby for Lease
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.