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    OFF-MARKET
    Land

    0 Forest Ave, New Haven, MI 48050

    10 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 10-acre parcel of land, located at 00 S Forest Ave, Richmond, MI 48050 (Macomb County), presents a unique opportunity for industrial development. Zoned for light industrial use, this property offers significant potential for a variety of projects. The asking price is $249,900. Existing improvements include a culvert and a driveway, simplifying the initial stages of development. A portion of the land has been cleared, providing a level area ready for construction, while the remainder features mature trees, offering potential for landscaping or preservation. The seller is open to considering all reasonable offers. This property is conveniently located in Richmond, Michigan, providing easy access to major transportation routes and infrastructure. The property's size and zoning make it ideal for a range of industrial uses, from warehousing and distribution to light manufacturing. Don't miss this chance to acquire a valuable piece of industrial real estate in a thriving Michigan community. Serious inquiries only.

    Property profile
    Verified
    Property type Land
    Lot 10 ac (435,600 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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