0 Sandborn Rd, Manchester, MI 48158
This exceptional 14.67-acre parcel presents a unique opportunity for residential development in the desirable Village of Manchester, Michigan. Located within the Emerald Glen Site Condominium, Phase II, this property boasts pre-approved plans for 30 residential lots, significantly streamlining the development process. The land features convenient frontage on both Sandborn Road and Galloway Drive, providing excellent accessibility. All essential utilities are readily available, including municipal water, sewer, electric, and natural gas services. The property's infrastructure is already well-established, with paved roads in place. Detailed engineering and a complete site plan are already finalized, saving considerable time and expense for the prospective developer. The lot dimensions are approximately 931 feet of frontage and 1,087 feet deep. The property is zoned PUD (Planned Unit Development). The APN is PM-16-11-226-018. The asking price is $400,000, and the seller is open to considering owner financing for qualified buyers. This is an exceptional opportunity to acquire a ready-to-develop residential tract in a thriving Michigan community. Don't miss this chance to capitalize on this prime location and established infrastructure.
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
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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.