0 Higdon Dr, Brownstown Charter Township, MI 48193
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.