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    OFF-MARKET
    Mixed-use properties

    0 M-52, Chelsea, MI 48118

    74.98 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 74.98-acre parcel presents a unique investment opportunity in Chelsea, Michigan. Boasting 640 feet of frontage on M-52, this slightly rolling site offers high visibility from both I-94 and M-52. Approximately 35-40 acres are usable, making it perfect for a variety of mixed-use developments. The property is zoned AG – Master Planned Mixed Use and is conveniently located within a master-planned water and sewer district. Due diligence has already been completed, with an ALTA survey and wetlands survey already in hand. Existing pipeline and drainage easements are in place. This offering includes the APN F-06-24-100-002. The asking price is $1,200,000. Note that an additional 132.7 acres (129 acres to the east and 3.7 acres to the south) are also available for acquisition. This prime location and comprehensive planning make this a truly exceptional opportunity for developers seeking a high-visibility site with readily available infrastructure.

    Property profile
    Verified
    Property type Mixed-use properties
    Lot 74.98 ac (3,266,129 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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