1500 Dhu Varren Rd Ann Arbor, MI 48105
This exceptional 4.85-acre development site presents a remarkable opportunity in Ann Arbor, Michigan. Located at 1500 Dhu Varren Rd, in Washtenaw County (zip code 48105), this prime property boasts a coveted corner location at the intersection of Pontiac Trail and Dhu Varren Road. The site's elevated position offers stunning views of the city and the Huron River valley. Currently zoned PUD (Planned Unit Development), this land is ideally suited for a mixed-use project. Preliminary plans envision a development encompassing approximately 150 residential units, complemented by ground-level commercial space, catering to a variety of retail needs. The property's proximity to downtown Ann Arbor and major expressways ensures convenient access to amenities and transportation networks. This is a unique chance to capitalize on Ann Arbor's thriving real estate market and create a vibrant, high-value development in a rapidly growing area, close to parks and trails. The asking price for this exceptional opportunity is $2,200,000. The property is privately owned. This is a truly exceptional opportunity for developers seeking a prime location with significant potential for return on investment.
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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