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    OFF-MARKET
    Land

    0 Higdon Dr, Brownstown Charter Township, MI 48193

    1 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1-acre commercial land parcel, located in the desirable Woodbridge Estates development in Brownstown Charter Township, Michigan (zip code 48193), presents a unique investment opportunity. The site is fully developed and prepared for immediate vertical construction of a twelve-unit condominium complex. All necessary groundwork is complete, eliminating significant pre-construction costs and timelines. Situated on Higdon Drive in Wayne County, this property offers convenient access to local amenities and transportation routes. The asking price is $99,900, representing an attractive cost per unit of $8,325. This represents a compelling opportunity for developers seeking a turnkey project with immediate potential for rental income or condo sales. The property's location within the established Woodbridge Estates community ensures a desirable setting for future residents. This fully developed pad site is ready for construction, allowing for a swift transition from acquisition to revenue generation. Don't miss this chance to acquire a prime commercial property in a thriving Michigan community. The property is available for sale and offers the potential for immediate development.

    Property profile
    Verified
    Property type Land
    Lot 1 ac (43,560 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
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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