1 Grand River Ave Howell, MI 48855
- Apartment buildings
- 25.00 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 1 Grand River Ave
- Lot size
- 25.00 lot acres
- Property type
- Apartment buildings
Description
This exceptional 25-acre parcel, located at 1 Grand River Ave in Howell, Michigan, presents a remarkable opportunity for multifamily development. Zoned for multi-family use, this B-Class property offers significant potential for investors seeking a prime location in Livingston County. The asking price is $800,000, translating to a land value of $32,000 per acre. The property's convenient location near major roadways like M-59 and I-96, as well as the Tanger Outlet Mall, ensures high visibility and accessibility. The ample lot size allows for substantial development, catering to a wide range of project scales and designs. The property's APN is 0620400009, and it is privately owned. This is a rare chance to acquire a large, strategically positioned tract of land ideal for creating a thriving multifamily community in a desirable Michigan market. The property's existing zoning eliminates the need for lengthy and costly rezoning processes, streamlining the development timeline. This presents a significant advantage for developers seeking a quick and efficient path to project completion. The property's proximity to retail amenities and major transportation arteries further enhances its appeal and potential for strong rental demand. This is a truly exceptional investment opportunity not to be missed.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Howell
- County
- Livingston
- State
- Michigan
- Longitude
- -83.9109
- Latitude
- 42.6827
